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SITEX 2022 records Rs 250 crorebusiness this year: SGCCI


The three-day Surat International Textile Expo (SITEX) 2022 generated Rs 250 crore, business this year, says Southern Gujarat Chamber of Commerce and Industry (SGCCI), which organized the event along with the Southern Gujarat Chamber Trader and Industrial Development Council.

The exhibition commenced at the Surat International Exhibition and Convention centre at Sarsana on January 8. It was inaugurated by DarshanaJardosh, Union Minister of State for Textiles and Railways, in presence of CR Patil, President-State, BJP.

According to SGCCI, over 75 exhibitors from Surat and other parts of the country participated in the exhibition with machines made in European countries, as well as China and Japan. Buyers were registered from across the country. The centre of attraction was the latest hi-tech machines like the double rapier weaving machines, dobby rapier loom machines, and 1000 rpm high speed Air Jet loom machines.

AshishGuarati, Chairman, SGCCI says, in three days, exhibitors did business to the tune of Rs 250 crore. The capital investments in terms of installation of new machinery for the next four to six months are likely to be around Rs 1,300 crore. The shifting of orders for polyester bed-sheets for hotels and hospitals from China to India has resulted in a combination of man, machine and skills, for which updated machinery is required. This exhibition will play an important role in achieving this, he adds.