Textile giants from across the globe are converging in India for Bharat Tex 2024, touted as the country's biggest textile expo. The event is expected to host over 3,000 companies, including Swedish giant H&M, American retailer Target, and British thread maker Coats Group, who will showcase their products at the fair.
Aiming to catapult India's textile exports, the expo will prove to be a crucial stepping stone towards achieving ambitious targets including $40 billion in apparel exports by 2030 and overall exports reaching $100 billion. The industry itself is poised for significant growth, with expectations of economic output reaching $250 billion by 2030.
Inaugurated by Prime Minister Narendra Modi, the expo will feature a diverse range of products, from fibre and yarn to handicrafts. Around 2,000 weavers and artisans will also display their unique creations, highlighting India's rich textile heritage.
Leading Indian companies like Aditya Birla Group, Reliance Group, and Arvind Fashion will be present at the expo, alongside international delegations from key textile hubs. This event promises to be a hub of collaboration and business opportunities, propelling India's textile industry towards a bright future.