India ITME will be held in Noida, December 8 to 13, 2022. This is a technology and engineering B2B exhibition for textiles hosted every four years in India to cater to the machinery and technology requirements of the textile industry of India, neighboring Southeast Asia and the Middle East.

Showcasing 1,600 machines, 68 countries, 1,000 exhibitors, the event is geared to creating a high voltage goal-oriented interaction and attracting business leads and creating new opportunities in the Indian market. India ITME 2022 will bring a rich array of concurrent programs, workshops and conferences for industry members.

Key topics for future growth of the Indian textile industry with the latest technology and boosting textile machinery manufacturing will be discussed at a conclave. A buyer-seller meet will connect major buyers with sellers of the textile engineering sector.

India ITME Society has played a significant role in facilitating technology access to the nation’s textile industry from across the globe enabling textile segments to upgrade their manufacturing technology and export capabilities. ITME exhibitions from 1980 onwards have been a boon for small companies to view and access engineering advances in textile machinery from across the globe without bearing the high cost. Over time, India ITME events have become a prime event for southeast Asian countries.

Garment exporters in Bangladesh are confident of increasing their share in the global apparel market despite the existing economic challenges facing the world. They also hope to be the top apparel exporter to the European Union within a few years even though as of now the overall demand for apparel by importing countries in the EU has fallen due to the Russia-Ukraine war.

In fact, Bangladesh hopes to reach a share of eight per cent in the global apparel market within this year. One reason for this belief is that international clothing retailers and brands are giving new work orders. Another reason is shifting of orders from China to other manufacturing countries and yet another is increasing demand for knitwear products.

Buyers from the US are shifting their orders from China in large volumes to Bangladesh apart from countries like India and Vietnam. Currently, the share of Bangladesh in global apparel business is 6.26 per cent. Bangladesh is now the second largest garment exporter in the world after China. Although there are some signs of a slowdown in garment exports now, because of the war-related crisis, the global economic turmoil and record inflation affecting retail businesses, it is expected that the shipment to new destinations, particularly to Asian markets, will witness growth.

Pakistan’s textile exports fell 15 per cent in October 2022. A severe liquidity crunch is said to have adversely impacted export growth. Value-added textile exporters are facing severe problems regarding sales tax refund payment orders besides waiting for those deferred amounts. In the meantime, exporters say, their business activities are being hampered, reversing the progress in exports made in the last fiscal year.

Since exporters do not get sales tax refunds on time, they are unable to procure raw materials and other accessories to execute their export orders and this will ultimately affect the country’s foreign exchange reserves, which are constantly declining.

Pakistan’s textile and apparel industry is the backbone of the economy, constituting eight per cent of GDP, 40 per cent of the industrial labor force and more than 60 per cent of the country’s exports while its manufacturing share is 46 per cent. Exports of readymade garments increased 28 per cent during the last fiscal year. The value-added garment sector is the major tax payer and the largest employment generator in the whole textile chain. The country’s apparel industry is playing a pivotal role in foreign exchange earnings, besides being a major tax payer and generating large employment in the whole textile chain.

In the first ten months of 2022, Vietnam’s exports to the European Union increased by 40 per cent.

The EU is the second largest importer of Vietnam’s leather and footwear products and accounts for 25 per cent of the industry's export turnover.Vietnam is developing its production system of footwear and sporting goods in the hope that enterprises in the European Union continue to consider and give priority to choosing it as their producer and supplier in the coming time.

The EU-Vietnam Free Trade Agreement has come into effect and Vietnam’s textile, garment, and footwear products enjoy many tariff preferences, with much lower preferential tax rates compared with those under the most-favored-nation scheme. The trade agreement is expected to strengthen exchanges and cooperation with Vietnam in human resources training for the textile, garment, and footwear industries so that Vietnamese workers will have better skills to be able to access and master new advanced technology and equipment.Vietnam’s efforts in controlling the Covid pandemic and reopening production have been appreciated by European investors who trust in the safety of the country and its commitment to tackling difficulties. Vietnam is forging partnerships with Luxembourg, the Netherlands and Belgium.

Vietnam’s earnings from exporting textiles and garments in the first 11 months of 2022 were up 18 percent from the same period last year.

Denim manufacturers in Ahmedabad have seen their export orders dwindle in the second half of the 2022-23 financial year. Global disruption and rising costs have put pressure on denim businesses. Export orders for denim clothing and textiles had experienced a boost in the wake of the pandemic in the 2022 financial year but continued global strain is taking a toll on Ahmedabad’s industry.

Factors include the Russia-Ukraine war, depreciating currencies, and rising energy costs among other expenses have caused demand from markets such as the US, Europe, and the Middle East to drop, which has dented the pockets of Ahmedabad’s denim businesses. Production in the European Union reduced dramatically due to high energy costs.

Moreover, wage inflation in the west is also very high in addition to higher fuel costs. As a consequence, industrial capacities are grossly underutilized. This has impacted the procurement of denim from Gujarat. The second quarter is typically a dry season when demand drops. Geopolitical factors, coupled with a lean season, have amplified the adverse effect on orders. However, the premium segment of the market is faring better in the export market due to the fact that spending in the premium segment has not gone down.

Bain Capital is set to buy Mash Holdings. Bain, is based in the US and Mash is a Japanese apparel company. Mash is the owner of luxury loungewear brand Gelato Pique and aims to grow its international footprint, especially in China, with this deal. China will be a crucial market for the Gelato Pique brand to expand luxury loungewear sales internationally. Mash plans to leverage Bain Capital’s investment experience across a wide range of industries to further strengthen its business foundation and accelerate medium- to long-term business growth from a global perspective.

China’s apparel market value is growing at seven per cent a year. Chinese typically purchase clothing and footwear from foreign/global multinational brands, as they perceive these products to be high quality. Such positive perception of foreign clothing and footwear brands makes China an attractive market for foreign apparel brands such as Gelato Pique. China is forecast to account for 27 per cent of the total luxury apparel sales in 2023.

The Asia-Pacific region has the largest share in the global luxury apparel market. This dominance is driven by Chinese consumers’ sustained demand for luxury fashion, the rising middle class, and continued urbanization in the country. Other contributing factors are the high growth rates forecast in major Asian markets such as India and the Philippines.

The 10th Intex India, a premier International Textiles Sourcing Show in South Asia, will be held in New Delhi from December 8 to 10, 2022.

Showcase fabrics, accessories from across the world

To keep accelerating India positive growth story, Intex India will showcase international suppliers from: China, Korea, Thailand, Belarus, Italy, US, Vietnam, Uzbekistan, Sri Lanka, Bangladesh, India and others. Since 2015, Intex India has connected over 35,000 buyers from more than 15 countries to nearly 1,350 textile suppliers and has empowered industry players to explore new business opportunities and expand business globally. This makes Intex India the annual calendar event for South Asia’s textile & apparel industry.

The show fulfils the growing demand for fabrics and accessories for India, one of the biggest apparel manufacturing countries in the world. India’s growing demand have seen imports of man-made staple fibres, yarns & fabrics grow from $837 million in 2021 to $1.03 billion in 2022; imports of knitted fabrics grew from $485 million in 2021 to $673 million in 2022, and the numbers are increasing every year.

Arti Bhagat, Executive Director of Worldex India and organizer of Intex India highlights, “It has been a wonderful journey so far. Since 2015, we have organized nine successful shows across the most relevant South Asian textile markets of Sri Lanka, Bangladesh and now looking forward to the 10th edition in New Delhi, India. As an organizer, we are determined to bring a fresh wave of opportunities for manufacturers and buyers from domestic as well as international markets to connect with each other on this platform.”

On similar lines, Mayank Tiwari, Founder & CEO of ReshaMandi says, “Intex India is South Asia region's leading and most successful international textiles sourcing show. ReshaMandi, as India's first digital platform for the natural fibre supply chain from farm to retail, is proud to be the online sourcing partner for this expo. We invite you to come and explore ReshaMandi's sustainable offerings in yarns, fabrics, apparel, home and living and lifestyle accessories and look forward to seeing you at the 10th Intex India in Delhi from December 8 to 10, 2022."

Major exhibiting categories include fibres, yarns, apparel fabrics, denim fabrics, clothing accessories, dyes & chemicals, software & ERP solutions, design studios, testing equipment & compliance solutions, trends & fashion forecasters, textile allied services, etc.

Interactive and seminar sessions

This year, Intex India would also be organizing the renowned Interactive Business Forum (IBF) Seminar Series and ‘Trendz Now’ – the colour, fabric and fashion forecast showcase alongside Intex India, thus creating a premium and complete B2B international textile trade & sourcing platform.

Intex India is co-organised by the Federation of Indian Chambers of Commerce & Industry (FICCI) under the aegis of the Ministry of Commerce, Government of India and supported by the Ministry of MSME, Government of India.

Intex India is supported by apex chambers from India and across the world including: Confederation of Indian Textile Industry (CITI), Tirupur Exporters Association India (TEA), Retailers Association of India (RAI), PHD Chamber of Commerce and Industry (PHDCCI), the Textile Association (India), Tamil Nadu Fabrics Manufacturers Association (TNFMA), Knitwear & Textile Club Ludhiana (K&T Club), South India Garments Manufacturer & Wholesalers Association of Karnataka (SIGA), Garment Exporters Association of Rajasthan (GEAR), Association of Garment Exporters Sitapura (AGES), Recycle Textile Federation, Korea Textile Center (KTC), Malaysian Knitting Manufacturers Association (MKMA), Thailand Textile Institute (THTI), India-Thai Chamber of Commerce (ITCC) – Thailand, Indian Business Chamber in Vietnam (INCHAM) – Vietnam, Vietnam Cotton And Spinning Association, International Textile Manufacturers Federation (ITMF), Dubai Textile Merchants Association (TEXMAS), Bangladesh Garment Buying House Association (BGBA), Joint Apparel Association forum (JAAF), Sri Lanka Apparel Exporters Association (SLAEA), Sri Lanka Chamber of Garment Exporters (SLCGE), Garment Association Nepal (GAN) and others.

Intex India is the gateway to the dynamic markets of India and South Asia, making it one of the must-attend events in the textile sourcing industry.

Jeanologia will participate at Igatex.

At the trade show to be held in Pakistan, December 1 to 4, 2022, the Spanish company will showcase its latest technology and display the keys to the future of Pakistan’s textile manufacturing industry, based on sustainability, digitalisation, and automation. Since hyper-automation of textile washing processes is the need of the hour in Pakistan, Jeanologiaaims at networking with local players to make this happen.

So Jeanologia will display its technologies and Laundry 5 Zero – the garment finishing plant that guarantees zero contamination – as well as the complete automation of washing processes, from laser technology to super-automatic washers. Furthermore, the company is dedicated to reducing the environmental impact of jean washing processes in order to continue positioning Pakistan’s textile industry as one of the world’s most competitive with a totally sustainable product.

Igatex Pakistan will bring together a range of textile businesses from around the world. This is a garment and textile machinery and accessories exhibition. The exhibition gives exhibitors and visitors an opportunity to see the latest innovations taking place in the textile sector.Companies exhibit their latest machinery and technology used in spinning, finishing, weaving, dyeing and garments.The event introduces businesses to the latest expertise.

India’s readymade garment exports may see a compound annual growth rate of 12 per cent by 2027.

This will help India achieve an ambitious textile export target of $100 billion by 2030.With a level-playing field due to trade agreements, India’s share in the UAE and Australian markets could rise and the free trade agreement with the UK likely to be completed in 2023 will be a game changer.However, challenges from competing nations such as Bangladesh and Vietnam remain as they have gained market share to some of the major export markets due to duty-free access amid China’s decline.

Indian readymade garment exports have been stagnant for the last five years. For instance India’s textile exports fell 41 per cent yearonyear in October 2022. Apparel exports declined by 21 per cent.Cumulative exports of textiles and apparel during October 2022 fell 34 per cent as compared to October 2021.During April 2022 to October 2022, textile exports fell by 20 per cent.

However, apparel exports grew by six per cent during the same period.Cumulative exports of textiles and apparel during the first seven months of the current fiscal were down ten per cent. The share of textiles and apparel in India’s total merchandise exports declined to seven per cent in October 2022 as compared to nine per cent in October 2021.

Premiere Vision Blossom will be held in France, December 14 to 15, 2022.

Premiere Vision Blossom, a trade fair for materials and services for the fashion industry, was launched in 2016 and is devoted to collection launchesaimed at international upmarket, luxury design brands.This trade show is dedicated to spring/summer 2024 pre-collections of fabric, leather and accessories. The event is expected to host about 100 exhibitors, many of them from outside France, for an edition that will introduce a change in the event's calendar.

Premiere Vision Blossom was previously held every six months, but this year it has become an annual event, as Première Vision Paris, the organisers’ main trade show, has shifted from a September slot to a July one, much earlier in the seasonal calendar. Among the exhibitors expected to take part in Premiere Vision Blossom are 66 fabric manufacturers, 16 leather specialists, and a dozen producers of accessories and garment finishing supplies.

Italy will once again be the most represented country among the exhibitors, with 58 producers on show. There will also be 27 exhibitors from France, and others from Portugal, Spain and Germany. From outside Europe, there will be three Japanese companies and a Turkish leather specialist.