SME Times is powered by   
Search News
Just in:   • Govt takes stock of shipping sector amid global maritime uncertainty  • Iran allows India-flagged tankers through Hormuz after talks between EAM Jaishankar, Araghchi  • Induction cooktops go out of stock on quick-commerce apps amid gas shortage fears  • Korean won falls against dollar as Middle East crisis drags on  • US debt surge could ripple across global economy 
Last updated: 27 Sep, 2014  

Textiles.9.Thmb.jpg Rajasthan textiles garner interest from Latin America and Africa

vastra-2013.jpg
   Top Stories
» Crude rally continues: Brent hits $100, WTI jumps 8 pc amid Middle East supply concerns
» India targets $100 billion textile exports by 2030-31: Giriraj Singh
» Sensex, Nifty post moderate losses over Middle East conflict
» J&K govt amends building by-laws to boost ease of doing business
» FTAs opening new markets for pharma, healthcare, and medtech sectors: Piyush Goyal
Staff Reporter | 05 Oct, 2013
Rajasthan's textiles have garnered interest from new markets like Latin American and Africa through the state's annual textile fair, a state government official said Friday.

"The effort is in keeping with the policy of the union government to explore new markets under the focus market scheme," said Naveen Mahajan, managing director, Rajasthan State Industrial Development and Investment Corporation (RIICO), on the second day of the 'Vastra-2013' international textile and apparel fair here.

"We are vigorously pursuing export promotion events in these non-traditional markets like Uruguay, Brazil, Mexico, South Africa and Egypt and inviting them to Vastra was a part of that policy which has paid off."

The textile fair is jointly organised by RIICO and the Federation of Indian Chambers of Commerce and Industry (FICCI).

The state government which has recently adopted a new textile policy for skill development, manufacture and export promotion expects an investment of Rs.10,000 crore over the next seven years in the sector.

Buyers from these non-traditional countries have expressed interest in Indian textiles, stating that the clothing is suited to the climate in their country.

"Since the climate in India and Uruguay is similar, we have already been getting supplies from the Indian exporters," said Adriana Anza, an entrepreneur from Uruguay on the sidelines of the event.

"Uruguay may be a small country but economically, it is very stable. Thus, we are at 'Vastra' to book orders for summer clothing."

Alisa Reid-Otaway of Panama, a buying agent, said Indian garments are known for their handwork, embroidery and other artwork all over the world.

"I have already identified cotton garments that have these creative elements and also good for Panama as it has the same climatic conditions like India," she added.

Nearly, 421 buyers have confirmed their presence from 66 countries in the textile fest this year.

Last year, business worth $61 million was facilitated through the fair. This year, it is expected to be much higher.

Business persons from more than 66 countries, including Uruguay, Colombia, Brazil, Lebanon, Slovenia, the US, Britain, Australia, Switzerland, Denmark, Egypt, Turkey, Korea, Italy and China, are visiting the event.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.35
89.65
UK Pound
₹125.3
₹121.3
Euro
₹108.5
₹104.85
Japanese Yen ₹58.65 ₹56.8
As on 19 Feb, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter