TEXGATE
FIEO organized participation of Indian companies in the 22nd International Textile & Accessories Fair (TEXGATE) held from 27 to 29 September at Istanbul, Turkey. The fair, organized by CNR Expo, is a leading fair in Turkey for textile manufacturers, importers and distributors.
Held in a space of approx. 10,000 sq. mt., the fair brought together roughly 180 exhibitors from Turkey, China, India, Germany, Taiwan, Austria, Brazil, Bangladesh, France and Japan. Around 32 Indian companies participated in the fair under the aegis of FIEO, SRTEPC and TEXPROCIL.
Some prominent Indian participants were GTN Industries Limited, Hyderabad dealing in 100% cotton yarn, mercerized yean, dyed yarn, knitted yarn; Utsav Exim Limited, New Delhi dealing in hand embroidered zari emblems and fashion accessories; Roto Screentech Pvt. Ltd., Rajkot, dealing in PVC leather cloth; and Debonair Fashions Pvt. Ltd., Hooghly, dealing in textiles, garments and leathers.
The fair generated good inquiries for Indian products like yarns, fabrics, embroidered fabric and PVC leather. The participants were enthusiastic by the response they received from the visitors but they experienced language barrier while communicating with them.
On the sidelines of the visit, Mr. Abhishek Tayal, Assistant Director, FIEO held a detailed discussion with Mr. R. C. Joshi, Consul, Consulate General of India in Istanbul on how to increase trade between the two countries. Possibilities were explored for organizing Reverse Buyer Seller Meet in India.
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In a meeting with the representatives of Energon GmbH on behalf of the European Commission, FIEO officials discussed the prospect of organizing seminars on "Eco Label," a distinguishing mark given to environment friendly products.
Turkey is one of the leading textile manufacturers of the world. Its textile industry accounts for 10% of GNP and 20% of employment in manufacturing sector. Until 1980, Turkey imported nearly all textile machines from abroad. But now, Turkey is a big manufacturer of textile machinery and equipment. Most of the manufacturing units are located in Istanbul and Izmir.
India’s exports to Turkey witnessed 40% growth in the year 2005-06 over the previous year and cross USD 1 billion mark. The main export items are mineral fuels (USD 169 mn), man-made staple fibres (USD 97 mn), vehicles (USD 86 mn), organic chemicals (83mn), cotton (USD 75 mn), plastic and articles (USD 62 mn), iron & steel (USD 40 mn), pharmaceutical products (USD 31 mn), man-made filaments (USD 26 mn), and articles of apparel (USD 22 mn) etc. The total imports of Turkey are USD 120 billion of which India’s share is a meager 0.84% (USD 1.01 billion). There are ample opportunities for Indian companies to export machinery, chemicals, semi-finished goods, fuels and transport equipments etc. to Turkey.
India’s Imports from Turkey are worth USD 194 million. The two major items of imports are iron & steel (USD 51 mn) and nuclear reactors, boilers & machinery (USD 30 mn).
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Mr. Abhishek Tayal, Asst. Director, FIEO informing visitors about FIEO’s activities. |
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As a member of European Customs Union, Turkish products enjoy duty free access within Europe. Indian exporters can export their products to Europe via Turkey to avail duty benefit. Turkey encourages Indian exporters to set up joint ventures in its textile industries.
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OPPORTUNITY TO SHOWCASE YOUR PRODUCTS & SERVICES IN OMAN |
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FEDERATION OF INDIAN EXPORT ORGANISATIONS (Set up by Ministry of Commerce, Government of India)
Invites Exporters/Manufacturers/Service Providers to participate in "INDIA SHOW" From 13 to 19 February 2008 at Muscat, Sultanate of Oman |
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For participation, please contact:
MRD Division Federation of Indian Export Organisations Niryat Bhawan, Rao Tula Ram Marg, Opp. Army Hospital Research & Referral, New Delhi-110057 Tel:011-46042114,46042136-38, 46042222, 26150101-04; Fax:011-26148194 Email: fieo@nda.vsnl.net.in; fieomrd@yahoo.co.in; anandpseth@fieo.org Website: http://www.fieo.org Western Region Office: Tel: 022-40572213, 22183422, 40572224 |
