Weaves expo to showcase TNs powerhandloom sector

first_imgSHARE SHARE EMAIL events LN Revathy Weaves, a trade fair aimed at showcasing the potential of the powerloom and handloom sector in Tamil Nadu, is slated between December 5 and 8 at Texvalley in Erode.The maiden edition of this event is being organised jointly by the Confederation of Indian Industry and Texvalley, an integrated textiles market. The organisers hope to make this an annual event.“The weaving segment does not have enough exposure to the market. We spoke to members of more than 88 clusters in the State before we conceptualised and embarked on this event. The issues ranged from yarn, pricing, to GST. While each cluster is exclusive in its own way, we realised that they had difficulty in marketing their products,” said C Devarajan, Past Chairman, CII Erode and Vice-Chairman, Texvalley.More than 250 exhibitors have confirmed their participation. The exhibits would range from Premium Greige, processing and finishing, ethnic wear and knitted fabric, handlooms and khadi, home textiles, textile accessories and machinery.ParticipantsParticipants from Sri Lanka, Bangladesh, Myanmar, Vietnam, the United Arab Emirates, Kenya and South Africa have confirmed as have members from weaving communities in Surat, Banaras and Dharmavaram, he said.There will be separate pavilions for yarn, fashion designing and Nabard cluster. A coffee-table book featuring stalwarts of the textile industry in Tamil Nadu would be released, he added. DP Kumar, Executive Director, Texvalley, said that 25 powerloom clusters in the State would be signing exclusive joint venture agreements with 25 educational institutions.The event is expected to gain significance as Tamil Nadu is home to 5.7 lakh powerlooms and 210 powerloom weaver cooperative cocieties covering 46,000 looms.The platform will provide an opportunity for the weaving clusters to showcase their potential to both domestic and international buyers during the four-day event, said the ED of Texvalley.The annual turnover of this sector is pegged at ₹35,000 crore.The organisers expect Weaves to generate business of around ₹800 crore. Tamil Nadu SHARE Published on COMMENT November 30, 2018 COMMENTSlast_img

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