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India Gazette
2 days ago
- Business
- India Gazette
Union MoS Margherita inaugurates 73rd Edition of India International Garment Fair
New Delhi [India], July 1 (ANI): Union Minister of State for Textiles and External Affairs Pabitra Margherita inaugurated the 73rd edition of India International Garment Fair (IIGF) on Tuesday. The inauguration took place in the presence of Chairman AEPC Sudhir Sekhri, prominent industry leaders and a large number of international buyers and exhibitors. Delivering his inaugural address, Margherita said, '73rd edition of the India International Garment Fair (IIGF) is Asia's largest and most dynamic garment fair. This fair is not just a showcase of fabrics and fashion; it is a celebration of the creativity, craftsmanship, and confidence of Indians. This year, with an exhibition area of over 21,000 square metres and participation from buyers across 80 countries spanning North America, Latin America, Europe, Asia, Oceania, Africa, and Eurasia, this edition reaffirms the growing global trust in Indian textiles.' Minster further underlined, 'Under the visionary leadership of Prime Minister Narendra Modi ji, and the guidance of Minister of Textiles Giriraj Singh ji, the Ministry is focused on expanding India's global footprint in textiles and apparel. We are not just aiming for volumes, we are working towards value, versatility, and visibility.' The textile and apparel industry contributes 2.3 per cent to India's GDP, 13 per cent to industrial production, and 12 per cent to exports. In 2023-24 alone, we exported textile products worth $34.4 billion, with apparel accounting for 42 per cent of that. We now aim to cross $100 billion in textile exports by 2030, and every MSME, every entrepreneur, every exporter has a role in achieving this, Margherita highlighted. He also emphasised that with over 80 per cent of India's textile sector being MSME-driven, it is important to focus on boosting productivity, ensuring steady raw material supply, and reducing import dependence to stay competitive. Highlighting on the road ahead, the Minister underlined, 'On the trade front, the India-UK Free Trade Agreement, and our ongoing negotiations with the EU and US, will open new avenues for growth. These are high-value, quality-conscious markets, and we are committed to equipping Indian exporters with the right strategy, standards, and compliance to seize these opportunities.' Commenting on the 73rd Edition of IIGF, Sudhir Sekhri, Chairman, AEPC and IGFA, said, 'I am happy to share that IIGF will provide a strong platform for the Indian apparel exporters to capitalise on India's momentum for growth. India's textile sector is at a pivotal moment, where the acceptability of 'Made in India' brands is more than ever before in the global sourcing arena. With the right policy push, innovation, and global partnerships, this could be the decade where India emerges not just as a volume player, but a value-added global garment exports powerhouse.' The 73rd edition of IIGF focuses on showcasing the latest apparel trends tailored to meet the requirements of the European Union, the USA, and other Western markets. A large number of them are based on sustainable manufacturing practices. This year's event will highlight India's prowess in design, pattern and technological advancements, reflecting our unwavering commitment to innovation and responsible production. While highlighting the objective of the Fair, Chairman AEPC stated that IIGF will support MSMEs by helping them enter and grow in international markets while showcasing the latest fashion collections to a global audience. This will also facilitate buyer connections and drive industry growth through exposure and engagement. The India International Garment Fair features 361 exporters showcasing across 9,375 sq. mtrs. The fair features participation from 12 states across India. Key participating states include: Delhi, Uttar Pradesh, Rajasthan, Maharashtra, West Bengal and Haryana. The total number of countries represented at the 73rd IIGF is 79. (ANI)
Time of India
2 days ago
- Business
- Time of India
India's FTAs with UK, US, EU to open new opportunities for Textiles sector: Margherita
India's textile sector anticipates significant growth through upcoming FTAs with the US, UK, and EU, according to Minister Pabitra Margherita. Aiming for USD 100 billion in exports by 2030, the sector currently contributes substantially to India's GDP and industrial output. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Free trade agreements (FTAs) with the US, UK and European Union (EU) will open new opportunities for the textiles sector in India, Minister of State for Textiles Pabitra Margherita said on also said the country's textiles exports have crossed USD 34 billion, and it is aiming to reach USD 100 billion by 2030."On the trade front, the India-UK Free Trade Agreement and our ongoing negotiations with the EU and US will open new avenues for growth."These are high-value, quality-conscious markets, and we are committed to equipping Indian exporters with the right strategy, standards, and compliance to seize these opportunities," he the 73rd Edition of India International Garment Fair (IIGF) here at Yashobhoomi, Margherita said the textile and apparel industry contributes 2.3 per cent to India's GDP, 13 per cent to industrial production, and 12 per cent to exports."In 2023-24 alone, we exported textile products worth USD 34.4 billion, with apparel accounting for 42 per cent of that. We now aim to cross USD 100 billion in textile exports by 2030, and every MSME, every entrepreneur, and every exporter has a role in achieving this," Apparel Export Promotion Council (AEPC) quotes the minister as saying in a is organising this three-day fair where more than 360 exhibitors from across the country and buyers from 80 countries are also said it is Asia's largest garment fair, showcasing not only fabrics and fashion, but also creativity and year, buyers are coming from various countries and regions, including North America, Latin America, Europe, Asia, Oceania, Africa, and over 80 per cent of India's textile sector being MSME-driven, it is important to focus on boosting productivity, ensuring steady raw material supply, and reducing import dependence to stay competitive, the minister on the occasion, AEPC Chairman Sudhir Sekhri said IIGF will provide a platform for the Indian apparel exporters to capitalise on 'Made in India' brands."With the right policy push, innovation, and global partnerships, this could be the decade where India emerges not just as a volume player, but a value-added global garment exports powerhouse," he garment exports are poised to touch USD 40 billion by 12.8 per cent cumulative growth of the first two months of 2025-26 in apparel exports is a testament to this progress."This is despite the global headwinds such as war in the Middle East, war between Russia and Ukraine, global logistical challenge, tariff uncertainty by the US and slowdown in many global markets," Sekhri said.
Fashion Value Chain
2 days ago
- Business
- Fashion Value Chain
Textiles Minister to Open 73rd India Int'l Garment Fair
Shri Pabitra Margherita, Hon'ble Union Minister of State for Textiles, will inaugurate the 73rd edition of the India International Garment Fair (IIGF) on 1st July 2025 in New Delhi. The prestigious event will also be attended by Shri Ramvir Singh Bidhuri, Shri Manjinder Singh Sirsa, and Smt Neelam Shami Rao, Secretary, Ministry of Textiles. Organized jointly by AEPC and IGFA, and supported by leading apparel bodies like GEMA, CMAI, and GEAR, the fair has grown into a global platform for showcasing Indian garments. This edition will spotlight 361 exporters from 12 states across 9,375 sq. mtrs. of exhibition space. Major participating states include Delhi, Uttar Pradesh, Rajasthan, Maharashtra, West Bengal, and Haryana. The fair will welcome buyers from 79 countries, including major sourcing destinations like the USA, UK, France, Germany, Australia, Japan, and Brazil. Two daily fashion shows will take place from 1–3 July in Hall No. 1, featuring collections for the Spring/Summer 2026 season. Shri Sudhir Sekhri, Chairman of AEPC and IGFA, noted that IIGF continues to strengthen India's presence in global fashion markets. 'India's RMG exports grew by 12.8%, reaching USD 2882.9 million in April–May 2025. The fair will support MSMEs in scaling their exports and connect them with global buyers looking for sustainable, quality-driven sourcing alternatives,' he said. IIGF 73 places a strong focus on Western markets, aligning its product offerings with the latest global fashion and retail needs. Since its launch in 1988, IIGF has served as a critical link between Indian exporters and international fashion retailers, held biannually for Autumn/Winter and Spring/Summer collections.
