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Trade Talk | July 2016

Overwhelming response for Texfair 2016

Texfair exhibition in Coimbatore, organised once every two years, is a unique event organised by the user industry association for the mutual benefit of the manufacturers/suppliers of textile machinery, spares, accessories, equipment, etc., and the textile mills. This international event has been attracting the suppliers from all over the world and the visitors from all over the country. Many small and medium manufacturers, who participated in the earlier editions, have grown to a greater size today. Textile mills in this part of the country have been taking full advantage of the fair and make the investment prudently and reduce the cost of production. Coimbatore being the hub of textile business, all the earlier fairs had attracted a large number of visitors and brought very good business to all the exhibitors.

Texfair 2016 was the 10th event organised during May 20-23, 2016 at CODISSIA Trade Fair Complex, Coimbatore having international standard, infrastructure facilities including air-conditioned, pillarless halls. Though the industry has been reeling under continuous recession, 200 exhibitors participated with full enthusiasm and interest and made the event a grand success. The event attracted around one lakh visitors. The conservative estimate made from the feedback given by the exhibitors reveal that they could get orders worth over Rs 1,000 crore apart from reconfirming their earlier orders. Most of the exhibitors have showcased their new inventions which would enable the mills to conserve energy, improve quality, enable automation, online quality and production monitoring facilities, better ambient conditions, improving the working performance of the machine, producing value-added products at low cost automation, etc. Exhibitors from Gujarat, Delhi, Goa, Maharashtra, Punjab, besides Tamil Nadu from India and also overseas exhibitors from China, Japan and EU countries participated in the event.

Coinciding with Texfair 2016, national seminars on the topics like ?Value addition opportunities in weaving?, ?A Right Choice for Value addition and Diversification ? Technical Textiles?, ?Improving Energy Efficiency & productivity in Textile Mills? ?Condition Monitoring Applied in Textile Mills?, ?Enhancing Spinning Mills Profitability by Value Addition yarn?, ?Benefits of ?Structured Water? for Textile Industry? were also conducted on May 21-22, 2016, which attracted over 150 participants.

The inaugural function of Texfair was held on May 20, 2016. Dr Palani G Periasamy, President, The Southern India Chambers of Commerce & Industry (SICCI), Chennai was the Chief Guest and EK Ponnuswamy, President, CODISSIA was the Guest of Honour. In his welcome address, M Senthilkumar, Chairman of the Association referred the international studies which projected the potential of Indian textile business to grow at 10 to 12 per cent in the domestic industry and 15 per cent in the export market besides creating new jobs to the tune of 20 to 22 million and would increase the business size of $350 billion by 2025 from the current level of $110 billion.

EK Ponnusamy appreciated the organisers of Texfair for giving opportunity to showcase textile machines, spares, materials, additives, dyes, etc., under one roof to help the textile value chain. He emphasised the need for redesigning new equipment, adopting new principles as being done in the world with conducive atmosphere in India. He described Texfair event as a single window to address the needs of today and tomorrow which include new innovations, ideas and knowledge about new products.

Dr Periasamy, in his inaugural address, appreciated SIMA for its role in developing entire textile value chain right from cotton R&D. He mentioned that since China is drifting away from textile manufacturing activities, India, the second largest textile manufacturing country in the world would become the clothier of the globe in the coming decade. He urged all the textile machinery, spares and accessories manufacturers to fully concentrate on innovation, energy services, automation, online contracts, etc., to make our nation globally competitive.

K Vinayakam, Vice-Chairman, SIMA proposed a vote of thanks.

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