In a transfer to broaden the participation of exporters of garments, aside from ladies apparels, the 68th India Worldwide Garment Fair (IIGF) that started on Tuesday in Greater Noida, will concentrate on menswear, kidswear and knitwear for the primary time this yr.
The three-day biennial fair is being organized by Worldwide Garment Fair Affiliation on the India Expo Mart in Greater Noida. In line with officers, round 250 exhibitors from 10 states of India are showcasing their merchandise for autumn/winter 2023-24 and 1,128 worldwide consumers from 101 international locations have registered to take part in the fair.
“A particular pavilion has been offered to exporters of menswear, kidswear and knitwear in order to extend their participation at this yr’s fair. The pavilion is at a distinguished location because the fair’s goal is to advertise all classes of garment exporters,” stated Lalit Thukral, chairman, Worldwide Garment Fair Affiliation (IGFA), and president, Noida Attire Export Cluster (NAEC).
Inaugurating the occasion, Darshana Jardosh, minister of state for textiles, stated, “India’s annual textile and attire export stood at USD 44.4 billion in FY 2022-23 with a rise of 41%, in comparison with final yr and India is second largest textile and clothes exporter in the world. Therefore, in view of the large potential for employment technology and overseas trade incomes, attire and textile business is a precedence for the ministry.”
Thukral additional stated every version of IIGF attracts export enterprise of round USD 200 million to India. “This time, we anticipate round USD 350 million in export enterprise,” he stated.
Gautam Budh Nagar is termed because the “ attire metropolis” because it generates a income of about ₹40,000 crore. The district homes round 3,000 garment export corporations. “The district’s attire income is contact ₹60,000 crore in the approaching years,” stated Thukral.
The IIGF is held twice a yr and covers the 2 style seasons of autumn/winter and spring/summer time of the European Union, the USA and different western markets. The festivals is held in the months of January/February and June/July yearly.