14th Intl Textile Asia Exhibition strikes $300m deals in three days

  • PRGMEA, Ecommerce Gateway sign MoU to conduct the exhibition for next five years in Lahore

 

The 14th International Textile Asia Exhibition, organized by the Pakistan Readymade Garments Manufacturers and Exporters Association, booked the orders of $150 million on first day while deals of more than $300 million were made during overall three-day mega textile fair.

PRGMEA and Ecommerce Gateway Pakistan have also signed an MoU to jointly conduct this mega textile event for the next five consecutive years in Lahore.

“After the amazing response and winning huge success, the PRGMEA and Ecommerce Gateway Pakistan have decided to hold International Textile Asia Exhibition every year in August at Expo Centre Lahore for at least next five years,” PRGMEA Central Chairman Ijaz Khokhar announced at the concluding ceremony of the exhibition on third day.

He said that around 55,000 people visited the exhibition during first two days while more than 100,000 visitors registered their presence in textile fairs in three days.

PRGMEA central chairman said that the machinery and equipments display at the exhibition were of immense utility to manufacturers producing value added products for increasing volume of exports. He hoped that local businessmen would benefit from this technology by adding value to their products. He said that textile Asia Expo also featured businessmen to businessmen (B2B) meetings, a lot of important industry-related presentations and seminars on textile sector.

Khokhar announced that this year show was dominant by mainly Chinese companies but next year we would invite the companies from Germany as well as from the whole Europe to showcase their brands in Textile Asia Exhibition in Lahore.

PRGMEA Vice Chairman Malik Naseer said that this textile machinery fair in Pakistan would increase productivity, resulting into better competitiveness. He said that the exhibition was aimed at focusing the Punjab’s potential of textile and garment machinery, accessories, raw material supplies, chemicals and allied services under one roof – as around 80 percent of the textile industry was located in this province. The exhibition also provided an effective platform for joint ventures and collaborations to the textile sector’s SMEs.



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