GTTES 2019
Date: Jan. 18 - Jan. 20, 2019
Venue: Bombay Exhibition Centre, Off Western Express Highway, Goregaon (East), Mumbai - 400063 Maharashtra, India.
India ITME Society has hit the right chord with the needs of the Textile Industry through GTTES 2019,
an exclusive expo to capture the World's attention on strengths & opportunities of Global Textile Industry,
with special focus on Industry segments.
The one and only trade event in India dedicated to magnify business and trade for
Textile Machinery and spare parts manufacturers,
through interaction with agents or dealers from India and across the Globe.
The world-renowned manufacturer of textile machinery like Germany Truetzschler, SSUESSEN, Switzerland Rieter,
Italy Savio, Japan Toyota, Muratec.asia
The Textiles Industry has not only made a major contribution to the national economy in terms of direct and
indirect employment generation and net foreign exchange earnings, but also contributes about 14 per cent to
industrial production, 4 per cent to the Gross Domestic Product, and 27 per cent to the country's foreign exchange inflows.
It provides direct employment to over 45 million people.
The Textiles Sector is the second largest provider of employment after agriculture.
Thus, growth and all round development of this industry has a direct bearing on the improvement of the India's economy.
In value terms, textile & apparel manufacturers would need to invest US $ 50 Billion in new machinery to cater to
the additional market demand and $ 25 Billion will be required for replacing the existing machinery.
A total of US $ 75 Billion investments in textile machinery is estimated to be required by 2020.
Yarn manufacturing, weaving and processing machinery will attract 58% of the overall investments.
