The Economic Times daily newspaper is available online now.

    Texfair 2019: International Textile Machinery, Accessories, Spares Exhibition to be held at Coimbatore

    Synopsis

    Coimbatore is popularly known as Manchester of South India, produces over 70% of the textile machinery, spares and accessories manufactured in the country.

    garmentGetty Images
    Textile mills on an average spend 2.5 to 3% of their annual turnover on spares and accessories and also plough back 4 to 6% of their annual turnover on modernization.
    PUNE: The Southern India Mills’ Association (SIMA), has been organizing the international textile machinery, accessories and spares exhibitions known as Texfair since the year 2001 for the mutual benefit of the supplier and user industries. This year, it will be held during August 9-12, 2019 at CODISSIA Trade Fair Complex.

    "Coimbatore is popularly known as Manchester of South India, produces over 70% of the textile machinery, spares and accessories manufactured in the country. “TEXFAIR 2019”, a four-day International Textile Machinery, Accessories, Spares Exhibition, the 12th edition in its series, being organized by SIMA is ready to showcase the modern developments during August 9-12, 2019 at CODISSIA Trade Fair Complex," said a release form SIMA.

    P.Nataraj, Chairman, SIMA and Ashwin Chandran, Vice-Chairman, SIMA informed that 250 exhibitors will be displaying their products /services in 320 stalls. They said that the major products that would be displayed at the Fair would include textile machinery, spares, accessories, testing equipments, electrical and electronic components, etc. They have further said that apart from leading textile machinery, spares, accessories manufacturers / suppliers from Tamilnadu, exhibitors from other States of Maharashtra, Gujarat, Karnataka, Rajasthan, Punjab, Haryana, West Bengal, Madhya Pradesh and from different European countries and Japan, China will also participate.

    They further said that textile mills on an average spend 2.5 to 3% of their annual turnover on spares and accessories and also plough back 4 to 6% of their annual turnover on modernization.

    SIMA office-bearers further informed that in the Farm to Finish Expo 2019, around 50 leading textile companies and organizations would participate and show case cotton, fibres, yarn, fabric, made-ups and garments in the Expo.


    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    ...more

    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    ...more
    The Economic Times

    Stories you might be interested in