India is set to host “Bharat Tex 2024”, the world’s largest Textile event from 26th to 29th February 2024 at Bharat Mandapam & Yashobhoomi in New Delhi, Delhi.
- The event will be organised by a Consortium of Textile Export Promotion Councils (EPCs) with the support of the Ministry of Textiles.
- This expo is the embodiment of India’s 5F vision – Farm to Fibre to Factory to Fashion to Foreign.
Consotriym of Textile EPCs:
Consortium of 12 Textile (EPCs) includes Apparel Export Promotion Council (AEPC), Cotton Textiles Export Promotion Council (TEXPROCIL), Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), Export Promotion Council for Handicrafts (EPCH), Wool & Woolen Export Promotion Council (W&WEPC), Wool Industry Export Promotion Council (WOOLTEXPRO), Indian Silk Export Promotion Council (ISEPC), Carpet Export Promotion Council (CEPC), Power loom Development & Export Promotion Council (PDEXCIL), Handloom Export Promotion Council (HEPC), Jute Products Development Export Promotion Council (JPDEPC).
Curtain raiser event of Bharat Tex 2023:
On 21st October 2023, Union Minister Piyush Goyal, Ministry of Textiles presided over the curtain raiser event of Bharat Tex 2023 at Vanijya Bhavan in New Delhi, Delhi.
- During the event, he launched the fair logo, website and video of Bharat Tex 2023 .
- The Bharat Tex 2024 is expected to be the world’s biggest textile event with exhibitors and buyers from over 40 countries.
Overview Bharat Tex 2024:
i.Bharat Tex 2024 is envisaged to be a comprehensive showcase of the entire textile industry value chain, from India’s rich cultural heritage and textile traditions to the latest technological innovations.
ii.This will be consolidated and unique platform to showcase India’s textile value chain, emphasizing fashion, traditional crafts, and sustainability initiatives.
iii.The event will feature around 3,500 exhibitors spread across 2,00,000 square meters gross area, knowledge sessions, conferences, Chief Executive Officer (CEO roundtables as well as Business-to-business (B2B) & Government to government (G2G) meetings.
iv.The event will also feature Designer and brand exhibitions, fashion shows, sustainability workshops, expert talks.
i.India’s textile industry is expected to reach a market size of USD 250 billion by 2030.
ii.India has a 5% share of the global trade in textiles and apparel.
iii.The export of cotton Textiles was USD 11.1 Billion with 30% share during 2022-23 .
Union Minister Piyush Goyal Launches Website of Kasturi Cotton Bharat
On October 21, 2023, the Union Textiles Minister Piyush Goyal launched the Kasturi Cotton Bharat website (https://kasturicotton.texprocil.org/), a digital platform for necessary information and updates on this initiative.
- It guides ginners in registering for Kasturi Cotton Bharat Brand, and explains processes making branded Indian cotton distinct.
About Kasturi Cotton Bharat:
i.It is a joint initiative by the ministry of textiles, the Cotton Corporation of India (CCI), Trade Bodies and Industry.
- It focuses on self-regulation, handling branding, traceability, and certification of Indian cotton.
- It aims to boost competitiveness in the global market and establish a sustainable ecosystem for all stakeholders.
Points to note:
i.The Kasturi Cotton Bharat brand of cotton was announced by the Ministry of Textile on the eve of World Cotton Day 2023(7th October 2023).
ii.With this, the Indian cotton has been endowed with a brand and a logo that symbolises Whiteness, Softness, Purity, Lustre, and Indianness.
iii.All the ginners across India have been empowered to produce Kasturi Cotton Bharat brand as per stipulated protocol.
Recent Related News:
i.On 13th July 2023, the Ministry of Textile, Government of India (GoI) signed an Memorandum of Understanding (MoU) with the Gujarat Government for setting up Pradhan Mantri Mega Integrated Textile Regions and Apparel (PM MITRA) Park in Vansi village, Jalalpore Taluka in Navsari District, Gujarat.
ii.On 25th July 2023, the President of India Droupadi Murmu inaugurated ‘Sutra-kala Darpan’, a Textile Collection of Rashtrapati Bhavan, featuring antique textiles that document the building’s illustrious legacy.
About Cotton Corporation of India (CCI):
It is a Mini Ratna Company under Ministry of Textiles.
Chairman & Managing Director– Lalit Kumar Gupta
Headquarters– Mumbai, Maharashtra