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Saturday, 09 April 2022 12:27

22nd Global Textile Trade Fair to help Noida apparel sector tide over COVID losses

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The apparel industry in Noida hopes, the 22nd Global Textile Trade Fair in the US will help tide over the COVID-induced losses.

Organized by the Apparel Export Promotion Council (AEPC) and the Noida Apparel Export Cluster in Atlanta from June 9 to 11, the fair aims to promote exports of ready-made garments and textile exclusively to the US.

This would be the first textile trade fair with pan-India representation in the form of a cluster of pavilions covering various states of the country. It will have a special pavilion, Noida-City of Apparel, comprising 19 stalls —which is likely to generate $ 250 million business

The exhibitors from Noida will be able to target Canada and South America markets in the fair,. Of about 3,200 factories in Noida engaged in apparel manufacturing, some 1000 are engaged in exports. In this, while the overall investment is around Rs 10,000 crore, the readymade garment exported annually from Noida is approximately worth Rs 30,000 crore Moreover, the apparel sector in Noida provides employment to more than 10 lakh people, where 70 per cent comprise women.