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Bharat Tex expo: Target, H&M, Hyosung Corp among 3,000 cos to participate in Bharat Tex

Swedish clothing giant H&M, American retailer Target, Mauritius’ CIEL Group, Indonesia’s Busana Group, South Korea’s Hyosung Corporation, designer furnishings company Perennials and Sutherland LLC, and British thread maker Coats Group, are among the 3,000-odd companies which will participate in Bharat Tex 2024, touted as India’s global textile expo.

“The expo is seen as a stepping stone for India’s apparel exports to touch $40 billion by 2030 and overall exports to $100 billion,” said an official. India expects its textile exports to grow to $100 billion and the economic value of the output of the industry to $250 billion by 2030 and apparels to grow to $40 billion from $16 billion in this period.

The first edition of the expo will be held from February 26-29 where around 2,000 weavers and artisans would exhibit their handicraft and handloom products. Prime Minister Narendra Modi will inaugurate Bharat Tex 2024 Expo that would exhibit fibre and yarn, fabric, apparel, home textile, technical textiles and handicrafts.

“We have received overwhelming response for the expo with over 3,000 exhibitors registrations,” the official said, adding that the expo would be held simultaneously at Bharat Mandapam and Yashobhoomi.

Consumer products like carpets and handlooms would be exhibited at Yashobhoomi.

Aditya Birla Group, Reliance Group, Arvind Fashion, Welspun Living, Indorama Ventures, Trident Group, PDS and Shahi, Chargeurs PPC (France), are also participating in the event.Ministerial and business delegations from key textiles hubs including Australia, Italy, Turkey, South Korea, Bangladesh, Russia, Peru, Egypt, and Thailand are expected at the exhibition.

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