Financial Daily from THE HINDU group of publications
Friday, Jul 01, 2005
Financial Daily from THE HINDU group of publications Friday, Jul 01, 2005 |
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Industry & Economy
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Textile Machinery Gobal textile tech machinery expo to be held at Coimbatore in March Our Bureau
Coimbatore , June 30 THE Tirupur based Hi-Tech International Trade Fair (India) Pvt Ltd, which has exposure in organising the biennial textile machinery fair for the knitwear sector for the last 15 years, is venturing into holding its maiden textile technology machinery exhibition, `ITGME 2006', early next year. The exhibition will be held here between March 3 and 6 and the reason for choosing Coimbatore, , according to Mr M.A. Rayappan, Chairman of the Hi-Tech International Trade Fair, is to meet the technology and machinery needs of the high density textile industry regions of Tirupur-Dindigul-Coimbatore which house over 800 textile spinning industries.The fair organisers have calendared the `ITGME' editions for the next 10 years (to be staged once in two years). Approved by the India Trade Promotion Organisation (hence the participants would enjoy customs and excise duty exemptions for the machinery to be displayed), ITGME 2006 would be staged at the Codissia complex on a floor space of three lakh sq. ft). The machinery to be displayed would cover the entire gamut of textiles right from ginning to garmenting and would also include those used in value-added production such as embroidery, fusing, laser machines. Besides, the Indian textile machinery industry, global textile machinery manufacturers from 20 countries including Italy, Germany, Japan, Taiwan, Turkey, China and Korea are expected to participate in the fair. To encourage greater participation from the South- East Asian region's machinery industry, the Hi-Tech International has tied up with the Korean trade development organisation, KOTRA, and it has also opened a laision office at Hong Kong. Over 500 participants are expected to take part.
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