India-based Powerloom Development & Export Promotion Council (PDEXCIL) is conducting India International Textiles Expo (IITExpo) 2018 in Colombo, the commercial hub and the capital city of Sri Lanka. The three-day event that unfolded on 21st February is currently underway at the city’s Hotel Galadari.
An exhibition cum buyer-seller meet, the textile event has been put together by PDEXCIL in collaboration with Union Ministry of Textiles (MoT) and Ministry of Commerce & Industry (MCI), Government of India.
The inaugural ceremony was attended by Dr Sarath Amunugama, Sri Lankan Minister of Special Assignments as Chief Guest, Arindam Bagchi, Indian Deputy High Commissioner to Sri Lanka and Anoma Gamage, Sri Lankan Deputy Petroleum Resources Development Minister. They were also joined by PDEXCIL Chairman Purushottam Vanga, PDEXCIL Vice Chairman Sunil Patil and SLAEA Chairman Felix Fernando on the occasion.
Notably, the trade event is mainly targeted at buyers of yarn, fabric and other textiles, garment manufacturers, traders and importers, wholesalers, institutional buyers as well as sourcing agencies from Sri Lanka, which is one of the largest garment manufacturing hubs in the neighbouring country of India.
Purushottam K. Vanga, Chairman, PDEXCIL said, “The garment units in Sri Lanka largely depend on imported fabrics and thus India serves as a good source of importing fabrics and other textile items. This will definitely be a win-win situation for both Indian and Sri Lankan Entrepreneurs to directly interact to furthering their respective business interest.”
Close to 45 exhibitors from different textile hubs of India are participating to showcase an assortment of fabrics, home textiles, traditional articles, et al that can be used for producing garments and for a variety of other industrial and technical applications. Besides, there are plenty of options for general consumers as well.
The expo is aimed at positioning India as the textile import destination to Sri Lankan manufacturing units.