Jaipur To Host Textile Fair ‘VASTRA’ Next Month
The three-day fair, organised by Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO) in collaboration with FICCI will be supported by textile ministry, managing director, RIICO, Veenu Gupta has said. Around 250 exhibitors, 400 overseas buyers and 60 Indian buying houses are slated to attend the mega fair.
Gupta, who is also state’s principal secretary, industries, further said that the textile sector was an inherent strength of Rajasthan – from spinning to weaving to garmenting.
The state government stands committed to promoting this sector which is highly employment-oriented. At the recent Delhi Roadshow, memoranda of understanding (MOUs) for textile projects worth Rs 2,500 crore were signed, she said.
Over the years, “VASTRA” has emerged as a comprehensive trade fair on textiles and apparel. The objective of the exposition is to showcase the best and latest in textiles.
The event also aims to provide a platform to participants and exhibitors for forming new business relations, exports, partnerships worldwide, locations for setting up businesses in India, among others. The fair will also do its bit in projecting India as a prominent sourcing hub and investment destination, Gupta added.
Overseas buyers will be mainly from countries like Algeria, Australia, Hong Kong, Italy, Japan and the UK. The event last year generated business worth 85 million US Dollar.