India has organized a road show titled â€˜Textile India 2017 at China's textile hub Shaoxing, detailing the investment opportunities in fabrics, machinery and yarn sectors in the country and also to spread awareness amongst Chinese textile companies about the upcoming mega textile event in Gandhinagar from June 30 to July 2, 2017.
About 120 textile companies from fabrics, machinery and yarn sector participated at the Shaoxing Roadshow, Prakash Gupta, Consul General of the Indian Consulate in Shanghai said in the statement.
Shaoxing (located in Zhejiang Province) was chosen as the location for the road show, as it is one the largest textile manufacturing and trading hubs in eastern China.
Several textile companies from Shaoxing have investments and business interests in India, including a 2000 strong Indian textile trading community that is also based out of the city.
A four-member delegation led by Pushpa Subrahmanyam, Additional Secretary, Ministry of Textile along with Chairman, The Cotton Textiles Export Promotion Council (TEXPROCIL) and a Confederation of Indian Industry (CII) representative participated in an event held, organized by Indian Consulate in Shanghai along with Shaoxing Municipal Peoples' Government.
A detailed presentation on the overall scope, scale and participation guidelines for Chinese companies was made by Pushpa who also answered queries of Chinese companies on issues related to investments in textile practice in India.
Pushpa along with the Indian delegation called on Shaoxing Vice Mayor , Xu Mingguang and extended an invitation to Shaoxing City leadership to lead a textile investors delegation to participate at the Textile India 2017 event in Gandhinagar, Gujarat.
Prime Minister Narendra Modi is likely to inaugurate the event which t will be for the first time, mark the positioning of an annual textile trade event in India on the annual calendar of global trade events.
A series of B2G meetings were also organized after the conclusion of the Business Seminar, during which queries regarding the upcoming event were addressed in detail.
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