By Oghenekevwe La
No fewer than twenty Indian textiles companies are expected at the oncoming 1st Indian Textile Exhibition holding in Lagos.
A press statement made available to Urhobotoday Online signed from Indian Embassy in Nigeria disclosed that the exhibition which is organised for the first time in Nigeria by the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) of India in association with the High Commission of India in Nigeria would be held at Office of the Indian High Commission located at 8A Walter Carrington Crescent, Victoria Island, Lagos from 1000 hrs to 1500 hrs on February 26 & 27, 2013.
The statement explained that twenty-two Indian companies would participate in the exhibition to display their latest range of textile products ranging from fabrics, yarn and fibre to suits, Shirts, dress-materials, embroidered fabrics and high fashion fabrics, furnishings, home-textiles, scarves, stoles, shawls and yarns of manmade fibres and their blends.
According to the statement, the exhibition tagged ‘INTEXPO’ is aimed at forging win-win partnership among the Indian and Nigerian companies for effective forward and backward linkages, adding that the objective is to strengthen trade between the two countries through the Exhibition, particularly in the fast growing area of Man Made Textiles.
“Indian textiles and clothing industry output is around $ 80 billion of which around $35 billion is exported. India is world’s second largest producer of each of cotton, silk, cellulosic fibre and cotton yarn. India also ranks as world’s third largest producer of synthetic fibre and synthetic yarn. Indian Man Made Fibre (MMF) and textiles are exported to more than 148 countries. The Middle East and Gulf region is the largest destination for the Indian exports of MMF textiles, which accounts for 25% of the total exports followed by Asian countries 23%. The highly sophisticated and quality conscious European Union is the third largest importer and accounts for 22% of Indian exports.
“India exported over 138 million dollars worth of textile products to Nigeria during last Indian financial year ending on March 31 2012. Of these over $ 80 million were Man Made products. Fabrics are the dominant products in the export basket with a share of 50% followed by made-ups 26%, Yarn 17% and fibre 7%. The main items exported to Nigeria are Polyester Filament and Spun Fabrics, Polyester/Viscose Fabrics, Made-ups like Shawls, Scarves and Polyester & Polyester/Viscose Yarns,” the statement disclosed.
The statement added that INTEXPO is expected to draw a large number of trade visitors for productive business discussion with the participating Indian Exhibitors showcasing, for the first time in Nigeria, their complete range of products.
For more details those interested should contact Event Manager Ms. Adenike, Soulsight Nigeria, 10, Onipinla Lane, Off Odanye, Off Adeniyi Jones, Ikeja, Lagos; Phone: +234-1-7943633; Mobile: +234-7088999346, 8052105586; E-mail: adenike@soulsightnigeria.com.