The Southern India Mills’ Association (SIMA) will organise Texfair, an exhibition of textile machinery, accessories, and spares, here from August 9 to 12.
P. Nataraj, chairman of the Association, and Ashwin Chandran, its vice-chairman, told presspersons on Monday that the event to be held at Codissia Trade Fair Complex will have 320 stalls and 250 exhibitors. Of these, almost 40 are new exhibitors.
A “Farm to Finish Expo” will also be held as part of Texfair. It will have exhibits of cotton, cotton seed, yarn, fabric, etc.
The textile industry is going through a period of recession. This is the time when the industry usually spends on consumables.
“Whenever there is a recession, the industry will look at controlling costs, increasing productivity, and improving quality. Ancillaries will help in this. Lot of inventions in accessories and spares are expected to be displayed this year to help the industry achieve better productivity and quality,” said Mr. Nataraj.
The exhibitors are from different parts of Tamil Nadu, other States, and also Japan, China, and Europe. More than a lakh visitors are expected at the four-day event.
The exhibition is expected to generate ₹1,000 crore business. The aim of the expo is to encourage inventions and support the industry with import substitutes.
Revival in investments
Tamil Nadu is a leading textile manufacturer in the country. However, since 2008 when the industry was hit with power crisis, investments have slowed down for new projects and also for modernisation. “We foresee a revival in investments soon,” added K. Selvaraju, secretary general of the Association. Texfair will be open from 10 a.m. to 6 p.m. and entry is free for all textile industry stakeholders.
