India ITME Society, the non-profit apex industry body from India organized the “India Networking Programme” at Uzbekistan coinciding with CAITME on Thursday, 8th September 2022. This Networking program was held with the purpose of highlighting the strengths and opportunities offered by India, home to 2nd largest textile market in the world & inviting a business delegation from Uzbekistan to “India ITME 2022”, the most prestigious textile machinery and accessory exhibition hosted in India every once in 4 years from 8th -13th December 2022 at IEML, Greater Noida, India.
Mr. S. Hari Shankar, Chairman, & Mr. Ketan Sanghvi, Honorary Treasure India ITME Society extended warm welcome to Chief Guest H.E. Shri Manish Prabhat, Ambassador of India to Uzbekistan & to all the esteemed Invitees & Guests.
India ITME 2022 is the most important, prestigious and acclaimed event showcasing Textile Engineering & textile technology from across the globe and serving whole of Southeast Asia. India ITME event has received acknowledgment and support from Ministry of Textiles – Govt of India, Department of Heavy Industries – Govt of India, Ministry of Micro, Small & Medium Enterprises – Govt of India, Make in India – Department for Promotion of Industry and Internal Trade – Govt of India EEPC as B2B Partner & National Small Industries Corporation This is one business event where export promotion councils, trade promotion departments, Research Institutes representing 22 chapters of Textile segment come together to interact, explore and expand business network. India ITME is the single platform where all stalwarts of textile industries come together along with financial institutions, policy makers and government officials, making it the best & ideal forum for catapulting Textile business efficient & competent globally. This year, the exhibition is expanded to include end to end solution for Fibre to end products & complete Sourcing Solutions and latest technology.
India ITME Society has invested significantly over the past several years to bolster its capabilities in helping the Textile industry clients in their B2B transformation initiatives and now has already started working on buyers sellers meet and technology workshops and seminars useful for the future growth of the Textile Industry. India ITME 2022 ensures optimum experience & value addition for its exhibitors and visitors with the interactive & focused sessions on enthralling topics by renowned Speakers & Industry stalwarts on practical topics which is the need of the hour. It is the best opportunity to discover new knowledge and discuss with experts doing ground breaking work in the textile & textile engineering industry vertical.
• Circular Economy in the Indian Context will be presented by Mr. Thomas Gries, RWTH Aachen University, Germany, Mr. Uday Gill, Group Chief Strategy Officer, Indorama Ventures Limited, Indonesia, Mr. Prashant Agarwal, Co-Founder and JMD, WAZIR Advisors, Mr. Justin Kühn, Aachen University, Germany, Mr. Gurudas Aras, India consultant to the ITA group.
• Innovate: Smart Manufacturing Conference by WTiN, UK
• Technical Symposium on of ‘Reduce-Reuse-Recycle:State of the Art’ in Textile Sector by VJTI
• Composites for the Energy Sector in India by Mr. PKC Bose, Global Sustainability Advocate, Dr.-Ing. Mohit Raina, Managing Director, Raina Industries Pvt. Ltd, Mr. Kumar Jois, Scientist, RWTH Aachen University (ITA), Germany, Prof Asim Tewari, Indian Institute of Technology Bombay, Dr. Rajalakshmi Natarajan, Former Senior Scientist and Head, Centre for Fuel Cell Technology, ARCI, IIT Madras, Ms. Gözdem Dittel, RWTH Aachen University, Germany
• Customised Joining Technologies for Technical Textiles by Mr. Philip Huber, RWTH Aachen University, Germany, Dr.-Ing. Yves Simon Gloy, RWTH Aachen University, Germany, Mr. Antonio Braz dos Santos Costa, General Manager at CITEVE – Portuguese Technological Centre for Textile and Clothing Industries, Portugal.
India ITME 2022 strives to assimilate & disseminate more knowledge & power for industry through the futuristic Technology topics at the Conference Sessions and planned B2B meetings with visiting foreign delegates + business visitors.
Uzbekistan & India – A way forward for Flourishing Growth
Uzbekistan is strategically located in the heart of central Asia. is the 6th largest cotton producer. Cotton contributes 68% to the country’s export of fiber which was recorded to be US$ 2.66 Bn in 2021. Once upon a time, it was the 3rd largest exporter of cotton. Development of the sector started with units built up for processing 706 thousand tons of cotton fiber and thereby producing fabric in the range of 510 million square meters of fabrics coming from 89 units producing knitted fabric, and 495 enterprises for finished knitwear. Foreign investments are huge in the country with around 300 textile companies established through foreign investment from China, South Korea, Russia, India, Singapore, Germany, Switzerland, and others.
The country is having high exports of textile vis-à-vis its imports in 2021. Its exports in overall textiles and apparel are increasing at a CAGR of 18%. The export of value-added apparel was worth 6.45 Bn in 2021. The country majorly imports manmade fibers alone contributing 95% to the total imports worth US$ 0.37 Bn in FY2021. Having a well-developed spinning segment, the country exported US$ 32.53 BN in FY2021. The fabric exports were US$ 8.06 Bn in the same year.
Technology & Engineering sector the country is highly dependent on imports. In 2018 it recorded imports worth US$ 710.38Mn & in FY 2021 imports worth US$ 474.46 Mn with spinning having a major share constituting 36% followed by processing & garmenting machinery having a share of 19% & 14% respectively. Today the country’s textile machinery imports are majorly being imported from China. But India is one of the lookout countries for advanced engineering solutions. Uzbekistan India strategic alliance can aid in the best sourcing of spinning and other allied machinery into Uzbekistan that will uplift and advance Uzbekistan’s growth further and creates its name not just as a producer for textiles but as a strong spinner. The spinning sector which is currently accountable for More than 1.6 million spinning spindles will further increase and through channel partners in India, the current statistics of having 100 thousand chambers can also further increase. The garmenting machinery range and weaving machinery from India can also develop new brands to come into the country as well as increase their woven fabric production.
With the dynamics of youth and urbanization in Uzbekistan combined with India’s brand image and strong engineering background a strategic partnership by mapping the skillset of both countries will bring prosperity to both countries. Both India & Uzbekistan having the strength and rich heritage in cotton will only benefit from one another.
India today is home to World’s 2nd largest textile Industry and ITME 2022 hosted in India brings maximum market opportunities to interact with the biggest & the best of the machinery manufacturers in the Industry. This business event is not to be missed if you are serious about advancement in Textile business.
India ITME 2022 is being held at World class venue IEML Greater Noida, a well-designed Exhibition Venue in the National Capital Region and one of the largest in India spread across 235,000 sq mtrs area. Visiting & participating at India ITME 2022 is perfect opportunity to combine business with travel, experience & explore Northern India, enjoying the lovely cold weather in December.
India ITME 2022 is expected to host more than 1500 exhibitors from Austria, Belgium, China, Czech republic, France, Germany, Hong Kong, Indonesia, Italy, Japan, Slovakia, South Korea, Spain, Switzerland, Taiwan, Turkey, United Kingdom, United States of America in 22 Chapters with over 1,50,000 visitors over the 6 days period. This is a once in 4 year opportunity to view 1500+ live machineries from across the world on display from 22 chapters & meet Agents, Dealers, Government Officials on one platform years making India ITME 2022 the apex B2B event in the textile & textile Engineering Industry in the whole of South East Asian region.
India ITME Society has been serving the industry for more than 43 years based on transparent, authentic and genuine parameters, a philosophy deeply imbibed in its values. Today, ITME Society has evolved into a global phenomenon embracing internationalism and reaching out to emerging economics to do business with India.
Mr. S. Hari Shankar, Chairman, India ITME Society, formally extended an invitation to India ITME 2022 in December to “Explore the Soul of Textiles”. He also encouraged an official delegation from Uzbekistan, that could mark a beginning of a stronger Bilateral trade & Investment activities in Textile Sector between India & Uzbekistan.