An Expo on Textile Machinery, Spares, Accessories from March 2

On March 2, 2012 the new edition of Texfair Expo will kick off at the CODISSIA Trade Fair Complex, in Coimbatore, India. The four-day international event will focus on Textile Machinery, Accessories, Spares and Logistics.

“The seventh edition of TEXFAIR-2012 will be an ideal platform for textile mills to zero in their requirements, meet all suppliers under one roof, prudently plan investments, cut costs and improve quality of their products," Rajkumar, Chairman, Organizing committee, told reporters earlier this week.  

With almost four million spindles being added every year in India, the fair would also give an opportunity for textile mills to plan their ongoing and future investment as leading manufacturers and suppliers will exhibit at the expo. 150 exhibitors from India, besides China, Germany and Japan, would display their product. Stating that textile mills on an average spend 2.5 to three per cent of their annual turnover on spares and accessories, Rajkumar said they also plough back four to six per cent of their annual turnover on modernisation.

A textile product show for yarn manufacturers and end users has also been organized, in which 20 leading textile mills would showcase their yarn, fabric, made-ups and garments aimed at bringing the yarn manufacturers and end users - handloom and power loom weavers to source quality yarn, he said. With an anticipated 50,000 visitors, the show is expected to generate a business worth Rs 150 crore to Rs 200 crore, he added.

Source: http://ibnlive.in.com

More details about the expo can be found here:
http://www.biztradeshows.com/trade-events/texfair-expo-coimbatore.htm