uncertainties that still plague the world’s home-textile industry with
low demand and high unemployment in many traditional markets, India
dominated the ongoing four-day Heimtextil fair in Frankfurt – the
world’s largest fair for home textiles and furnishing products – by
presenting the world’s biggest exhibitor contingent.
dominates the show in sheer numbers: a record number of 385 exhibitors
even surpassed, for the first time, the 381 exhibitors from Germany,
the host country that has for decades presented the largest contingent
of exhibitors. China with 380 exhibitors took the third position,
though some German experts predicted that China could possibly overtake
India at future events ..An elated Ajit Kumar, Indian consul
general in Frankfurt, described India’s numerical superiority at the
Frankfurt fair as a “signal” about India’s “forward march” in the
textile industry ..”Germany is our leading trading partner in the
European Union and not, as some believe, the UK or France. In 2008,
India’s two-way trade with Germany amounted to 13.4 billion euros, with
the balance slightly in favour of Germany. Textiles, which are India’s
top export item, accounted for some 24 percent of India’s total exports
to Germany,” Kumar said in an interview with IANS at the fair ..Some
of the textile products India exports to Germany include man-made
fibres, wool, raw and processed cotton, raw silk and silk yarn, among
others ..While some Indian exhibitors complained about the
“lukewarm response” at the show, the overall mood of Indian exhibiting
companies was much better than in 2009 when the world was caught in the
grip of a severe economic crisis and demand had plummeted ..Ashish
Agarwal, partner at Balaji Overseas of Agra, which exhibited floor
coverings and rugs, said that “2010 brings us hope which we can discern
at this show in Frankfurt” ..”We are happy that business has not
declined but stabilised and shows signs of rising in the future,” he
said. Like Agarwal, other exhibitors also saw the proverbial light at
the end of the dark tunnel ..Arti Ahuja, textile commissioner in
Orissa’s department of textile and handloom, was “pleasantly surprised”
with the “unprecedented interest” in hand-woven textiles, Ikat (yarn
tie and dye), Tussar (wild silk) and Bomkai (handwoven jacquard) from
Orissa ..”Despite the recession which seems to be receding, we had
good number of visitors and received serious business enquiries,” she
said. Orissa Minister for Textiles and Handicrafts, Anjali Behera, was
also on a two-day visit to the Frankfurt show to promote her state’s
textile products ..Detlef Braun, the managing director of Messe
Frankfurt GmbH, which organised the Heimtextil show, spoke of the
“positive overall mood” at the show, reflecting that the majority of
participants were happy with their performance ..Braun sounded euphoric about China and India which, he believed, were “doing very well” ..”The
large presence of exhibitors from these two countries provides
testimony to the upbeat mood of suppliers at the show. India is an
extremely important market for us. In fact, it is one of the most
promising markets of the world,” Braun told IANS .


Source:Thaindian News