SIMA Texfair 2024: Uniting the Textile Value Chain
July 04,2024 | By Textile Outlook India
The Southern India Mills’ Association (SIMA), Coimbatore, successfully organized Texfair 2024, marking the 14th edition of this significant event. Held from June 21-24, 2024, at the CODISSIA Trade Fair Complex, Coimbatore, this expo was the largest showcase of textile machinery, spares, accessories, and supporting services.
The inaugural function of Texfair 2024, held on June 21, 2024, saw a distinguished gathering. SIMA Chairman Dr. S K Sundararaman welcomed the Chief Guest, Shri Ganapathi P Rajkumar, Hon’ble Member of Parliament, Coimbatore Constituency, along with Dr. K V Srinivasan, President, ITMF, the President of the function, and other notable guests of honour including Shri Rakesh Mehra, Chairman, CITI, Shri R Soundararajan, President, ITMAA, Shri Bhavesh Patel, President, ITAMMA, and Shri M Sankar, President, TMMA.
SIMA Chairman, Dr. Sundararaman emphasized the significance of SIMA Texfair 2024 as a reunion platform for the textile value chain. Deputy Chairman Shri Durai Palanisamy provided an overview of the event, while the Presidents of ITMAA, ITAMMA, and TMMA offered their felicitations. Vice-Chairman Shri S Krishnakumar delivered the vote of thanks.
Chairman, CITI and Guest of Honour Shri Rakesh Mehra commended SIMA’s initiatives, including Texfair 2024, and discussed the Vision 2030 of the Government of India and indicated Tamil Nadu would be the forerunner in achieving the target. He called the entire textile value chain to join together in fulfilling each segment’s requirements and achieve greater growth.
Former Chairman of SIMA, President of ITMF and President of the function Dr K V Srinivasan, appreciated the efforts taken by SIMA in conducting the international event. He highlighted the current scenario of world textiles and briefed the growth of Indian textiles and clothing industry. He stated that the textile business had been cyclic in nature and it was easy to relocate segments like garmenting and made-ups as they mostly involve cut and sew operations. He added that the highly capital and labour intensive segments like spinning and weaving should also find ways to relocate market areas. Dr Srinivasan highlighted the annual survey conducted by ITMF. He hoped that the prolonged recession would end in the near future and the industry would step into its growth trajectory.
Chief Guest Shri Ganapathi P Rajkumar, in his inaugural address, underscored Tamil Nadu’s and Coimbatore’s vital contributions to the textiles and clothing sector. He assured that he would advocate for the textile industry in Parliament, particularly for MSME units, and wished the expo great success.
Texfair 2024 expo provided an opportunity for various clusters of the industry to know the latest improvements in technology and availability of domestic as well as import substitution spares.
Texfair 2024 offered a platform for industry clusters to learn about the latest technological advancements and domestic as well as import substitution spares. The expo attracted 240 exhibitors from Tamil Nadu, Maharashtra, Gujarat, Karnataka, Madhya Pradesh, Dadar Nagar Haveli, West Bengal, Daman & Diu, etc. and countries like Switzerland, Belgium, Italy, Japan, China, etc. who showcased their products catering to the various segments of the textile industry and services in 264 stalls.
Remarkably, out of the 240 exhibitors, over 80 exhibitors had participated in more than five Texfair Expos. The event drew over 60,000 visitors and generated approximately Rs.1,000 crores in business. Business visitors from countries like China, Indonesia, Thailand, Bangladesh, and Sri Lanka, as well as from across India, attended the expo and benefitted from it.
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