Bharat Tex 2024 Concludes with 63 MoUs and 70 Knowledge Sessions

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Bharat Tex 2024 Concludes with 63 MoUs and 70 Knowledge Sessions
02 Mar 2024
4 min read

News Synopsis

India's premier textiles event, Bharat Tex 2024, concluded in New Delhi on Thursday after four successful days. The event served as a platform to showcase the nation's remarkable textile potential and bolster its position as a global leader in the industry.

Inspired by PM Modi's Vision, the Event Draws a Diverse Audience (February 26 - 29)

Held from February 26 to 29, Bharat Tex 2024 drew inspiration from Prime Minister Narendra Modi's 5F vision, which emphasizes a holistic approach to the textile industry, encompassing "Farm to fibre; fibre to factory; factory to fashion; fashion to foreign."

The event witnessed an impressive turnout, attracting a diverse range of participants. This included:

  • Policymakers: Key decision-makers involved in shaping the Indian textile industry.

  • Global CEOs: Leading figures from international textile and fashion companies.

  • Exhibitors: Over 3,500 exhibitors showcasing their products and innovations.

  • Buyers: Around 3,000 international buyers from 111 different countries, seeking to source textiles from India.

  • Trade Visitors: Over 100,000 trade visitors engaged with exhibitors and explored the diverse offerings.

Over 63 MoUs Signed, Underscoring Collaboration and Innovation

A significant outcome of Bharat Tex 2024 was the signing of over 63 Memoranda of Understanding (MoUs) between various organizations. These MoUs emphasize collaboration and pave the way for future advancements in the textile sector. Some notable examples include:

  • Central Silk Board: Signed 10 MoUs focusing on research, collaborative undertakings, and innovation in the silk industry.

  • National Institute of Fashion Technology (NIFT): Established partnerships with 22 international fashion schools and Indian educational/research institutions.

  • Wool Research Association: Entered into 5 MoUs for material development and field research initiatives.

Renowned International Organizations and Brands Showcase Their Presence

The event attracted participation from prominent representatives of renowned textile organizations and brands like:

  • Coach

  • Tommy Hilfiger

  • Calvin Klein

  • Vero Moda

  • Jack & Jones

  • Toray

  • H&M

  • Target

  • Kohl's

  • IKEA

  • Anko

  • CIEL Group

  • Busana Group

  • Brandix Apparels

  • Teijin Ltd.

Their presence signifies the growing international interest in the potential of the Indian textile industry.

A Comprehensive Showcase: From Farm to Fashion

Bharat Tex 2024 offered a comprehensive display of the entire textile value chain, encompassing various stages:

  • Farm to fibre: This section highlighted the raw materials used in textile production.

  • Fibre to factory: This segment focused on the transformation of raw materials into yarns and fabrics.

  • Factory to fashion: This area showcased the design and manufacturing processes involved in creating finished textile products.

  • Fashion to foreign: This section emphasized the export potential of Indian textiles and the efforts to reach global markets.

Additionally, leading textile states like Uttar Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Telangana, Tamil Nadu, and Karnataka showcased their unique textile offerings through dedicated pavilions.

Knowledge Sharing and Skill Development Take Center Stage

Bharat Tex 2024 hosted over 70 knowledge sessions featuring 112 international speakers. These sessions addressed essential topics within the textile industry, such as:

  • Mega trends: Discussing emerging trends and future directions in the textile sector.

  • Sustainability: Exploring sustainable practices and their implementation within the industry.

  • Resilient global supply chains: Addressing challenges and potential solutions for strengthening global supply chains in the textile industry.

  • Manufacturing 4.0: Highlighting the role of digitalization and automation in the future of textile manufacturing.

Over 10,000 individuals attended these knowledge sessions, including artisans, weavers, design and fashion students, factory workers, NGOs, and producer companies. This wide range of participants emphasizes the event's commitment to knowledge sharing and skill development within the industry.

Knowledge Sharing and Launching Initiatives

The event facilitated knowledge sharing through 70 sessions featuring 112 international speakers, addressing critical issues faced by the textile industry:

  • Mega trends shaping the future of textiles

  • Sustainable practices within the industry

  • Building resilient global supply chains

  • Embracing the opportunities of "Manufacturing 4.0"

Over 10,000 artisans, weavers, design and fashion students, factory workers, NGOs, and producer companies participated as special invitees, demonstrating the event's commitment to inclusivity and engagement.

Bharat Tex 2024 also witnessed the launch of several books and initiatives, including:

  • IndiaTEX, a platform for connecting Indian textile manufacturers with international buyers.

  • The Textile Grand Innovation Challenge, aimed at fostering innovation in the textile sector.

  • The UNEP Report for Sustainable Textile Hub in India, highlighting the potential for sustainable textile production.

  • A documentary showcasing the empowerment of women in the silk sector.

Conclusion:

Bharat Tex 2024 emerged as a resounding success, showcasing India's textile excellence, fostering collaborations, and addressing key industry challenges. With its diverse participation, strategic collaborations, and insightful discussions, the event propelled India's textile sector towards greater heights of innovation and sustainability.

TWN Special