PM Modi Inaugurates Bharat Tex 2024, one of largest global textile events

Prime Minister Narendra Modi inaugurated Bharat Tex 2024, a significant global textile event, at Delhi's Bharat Mandapam. In his address, PM Modi highlighted that the event would serve as a platform to display India's vibrant textile heritage and innovation. The four-day event aligns with the Prime Minister's 5F Vision, focusing on the entire textiles value chain, from farm to foreign markets.

Event Overview: A Platform for Trade, Investment, and Sustainability

Bharat Tex 2024, organized by a consortium of 11 Textile Export Promotion Councils and supported by the Centre, emphasizes trade, investment, and sustainability in the textile sector. The event, one of the largest-ever global textile gatherings in India, aims to reinforce the country's position as a global textile powerhouse.

Key Features of Bharat Tex 2024:

• 5F Vision Implementation: The event embodies the 5F Vision of the Prime Minister, emphasizing the entire textiles value chain.

• Unified Focus on Textile Value Chain: With a unified farm to foreign approach via fibre, fabric, and fashion, Bharat Tex 2024 covers the entire textile value chain.

Embracing the 5F Vision

Bharat Tex 2024 aligns with the Prime Minister's 5F Vision, focusing on the entire textile value chain - "Farm to Foreign":

• Farm: Covers raw material production, including cotton, wool, and silk.

• Fibre: Encompasses processing raw materials into usable fibers.

• Fabric: Deals with weaving, knitting, and other processes to create fabrics.

• Fashion: Highlights design, clothing manufacturing, and trends.

• Foreign: Emphasizes exports and international trade.

Pavilions and Sessions: The event features over 65 knowledge sessions with more than 100 global panellists. Dedicated pavilions on sustainability and circularity, an 'Indi Haat,' and fashion presentations on diverse themes are part of the program.

Interactive Zones: Attendees can explore interactive fabric testing zones and product demonstrations during the event.

Global Participation: Bharat Tex 2024 is expected to witness the participation of policymakers, global CEOs, over 3,500 exhibitors, 3,000 buyers from over 100 countries, and more than 40,000 business visitors. It will also engage textile students, weavers, artisans, and workers.

Announcements and MoUs: More than 50 announcements and MoUs are anticipated to be signed during the event, providing impetus to investment and trade in the textile sector.

Anticipated Participation at Bharat Tex 2024:

• Policymakers and Global CEOs: Expected to provide valuable insights and drive future collaborations.

• 3,500+ Exhibitors: Showcase their products and services to a wide audience.

• 3,000+ Buyers from 100+ Countries: Offer valuable potential for international partnerships and export opportunities.

• 40,000+ Business Visitors: Including students, weavers, artisans, and textile workers.

Expected Outcomes of Bharat Tex 2024

• Over 50 Announcements and MoUs: Anticipated to be signed, fostering further investment and trade.

• Increased Exports: Contributing to the "Aatmanirbhar Bharat" (Self-reliant India) and "Viksit Bharat" (Developed India) visions.

PM Modi's Vision: Aatmanirbhar Bharat and Viksit Bharat

The event aligns with PM Modi's vision of Aatmanirbhar Bharat (self-reliant India) and Viksit Bharat (developed India). It serves as a crucial step in promoting investment, trade, and exports in the textile sector, contributing to the growth of the nation's economy.