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Tech-Trends | May 2016

Suvin to explore global markets at IDEA 2016

Today, Suvin is one of the major consultancy firms in India making its strong mark in domestic as well as international textile industry. Avinash Mayekar, MD & CEO, is continuously promoting technical textiles in India since 2000 and have successfully executed several projects in domestic as well as international markets. Till date Suvin has completed 225 assignments including 13 international assignments. Suvin is always in continuous efforts to serve technical textile industry professionally and exploring new platforms to promote India in global markets. The global market for technical textiles is ever increasing. India has a great potential to capitalise this opportunity. The technical textile market size in India is expected to grow at CAGR of 20 per cent and reach Rs 1,58,540 crore by 2016-17. Globally technical textiles contribute to about 27 per cent of textile industry. In most of the developed countries, its share is even 50 per cent while in India, it is hardly 11 per cent. As Indian market size is very small compared to global markets, globally there is a huge market for Indian players to explore.

International exhibitions give a common platform to display products and offerings in global markets. It’s a great way for networking and business promotion where one can get unique opportunity to meet potential buyers. IDEA is the industry’s premier event for nonwovens and engineered fabrics. Mayekar says: “I am a regular visitor to IDEA shows since 2007 and found ever increasing response by global leaders as it gives an opportunity to showcase our credentials to entire world. Through my personal contacts in global technical textile industry, I have well established network in various countries.”

It is expected that more than 7,000 people will converge in Boston from more than 70 countries from various sectors like hygiene, filtration, medical, automotive, geotextiles, building/construction textiles, home furnishings and allied industries. During three days of the event, one can meet and conduct business with actual decision makers.

Suvin has smartly identified this as a unique opportunity to market Indian products in untapped global markets. Suvin is pleased to have strategic alliance with Indian organisations and represent them during IDEA 2016. Suvin has all technical expertise, product knowledge and marketing network to promote products globally. They are all set to represent Indian clients in IDEA’16 at Booth No. 2140, Hall B.

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