Business

DyeChem World Exhibition – Ludhiana Edition From February 24-26, 2022

Textile Excellence, alongwith Society Of Dyers & Colourists has announced DyeChem World Exhibition – Ludhiana Edition, from February 24-26, 2022, in Ludhiana’s Dana Mandi venue. Tirupur’s NIFT-TEA College of Knitwear Fashion, AIC NIFT TEA Incubation Centre for Textiles and Apparels are the co-organisers of the event. The event will bring onto a single platform, the textile dyes and chemicals industry for the Ludhiana textile industry. The textile dyes and chemicals industry has been investing in innovative technologies and greener products. All this will be on display for the Punjab textile industry. Punjab is growing in importance as a textile manufacturing hub, with three important clusters – Ludhiana, Jalandhar and Amritsar. Textile and clothing exports from the three clusters alone amount to around Rs 12,000 crore (USD 1.6 billion) annually. Punjab boasts of over 1200 textile and apparel manufacturing companies in the state, providing direct employment to 1.2 lakh people in the state’s textile and clothing industry. The state has abundant supply of cotton and MMF. PP and PE production is getting ramped up in the state. Punjab is home to major textile players including Trident, Nahar, Vardhman, Shingora, SportKing, Nivia, Savi, Avani, JCT, Indian Acrylics, among others. The Punjab State Government has identified textiles as a focus area under the Industrial Business Development Policy (IBDP), 2017. The state offers attractive incentives such as net GST reimbursement and employment subsidy to ultra-mega, mega projects, anchor units, thrust sector units and MSMEs. Being the first of its kind show in Ludhiana, DyeChem World will create a platform for interaction and knowledge sharing between the dyes and chemicals and textile industry. The last edition of DyeChem World Exhibition, which was held in Tirupur this June, evoked a lot of interest from the industry in and around Tirupur. The trade fair welcomed over 2000 visitors from various parts of Tamil Nadu, Andhra Pradesh, Telangana, Karnataka. There was unanimous consensus within the industry that a show like DyeChem World is the need of the hour as the textile and garment industry of Tirupur is set to expand exponentially. Exhibitors have confirmed meeting good number of potential customers at the show, way beyond their expectations – an indication of the dynamism of the southern textile industry. According to Bhaskar Dutta, AVP – Sourcing, Jockey India, “Events like DyeChem World are much needed, as textile manufacturers have to interact with chemicals and dyes suppliers very often. It’s a great platform to know the latest that is happening in this segment.”