The Ministry of Textiles, Government of India, is organizing this flagship event in collaboration with the Federation of Indian Chambers of Commerce Industry to promote technical textiles, which include textiles designed for specific applications such as medical, defence, industrial, agricultural, automotive, building, and packaging textiles.
The first Technotex was held in 2011, and this mega event is now in its tenth year, which will be the biggest yet and the first in Physical Mode after Covid. B2B (international, domestic, and institutional), Exhibition, Conference and Seminars, CEO's Forum, Reverse Buyer Seller Meet (RBSM), High Level Roundtables, Investor Discussions, Country and State Sessions would all be part of Technotex2023.
Dignitaries from various countries and state governments are among those taking part. The host state is Maharashtra, and the partner states are Karnataka, Tamil Nadu, West Bengal, and Madhya Pradesh. Furthermore, the event will feature 150+ Technical Textiles exhibitors and 250+ buyers from 30+ countries, including Taiwan, Germany, Switzerland, Guinea (South Africa), South Korea, Russia, and Luxembourg.
Global and national industry leaders, CEOs, senior industry representatives, Ministries and Departments of the Central and State Governments, user industries, and experts will gather under one roof to discuss the future of the Indian Technical Textiles industry.
Technotex 2023 will help to demonstrate the enormous potential for trade and investment between India and foreign countries in the Technical Textile sector. With India now holding the G-20 presidency, the event would be an excellent opportunity to strengthen our international ties in the global technical textiles industry. The Indian Technical Textiles market is currently the fifth largest in the world, with a projected value of USD 22.5 billion in 2021-22.
Technical textiles have grown significantly in India over the last five years, growing at a rate of 9-10% per year. The high demand for Technical Textiles products in various application areas, combined with the current global market dynamics, paints a rosy picture of this emerging industry in India. As a result, the time has come for the industry to realise its enormous potential. Thus, Technotex 2023 is aligned with the government's concerted efforts to make India a leading manufacturing hub in the field of Technical Textiles.
The event will hold discussions on some of the most strategic areas for Indian Technical Textiles, such as Investment Potential & Opportunities; Startup Ecosystem in Technical Textiles and Start-Ups Leveraging Technologies in Smart Textiles; User Perspective (Defence & Security Institutions’); potential of Technical Textiles in PM GATI SHAKTI; Potential of Technical Textiles for Protected and Sustainable Agro-Produce; Domestic Capabilities and Capacities in the field of Meditech; and Standards, Quality, Regulatory & Trade Aspects of Technical Textiles.
Furthermore, at Technotex 2023, business leaders from around the world will share their insights, highlight opportunities, and chart the future course for the rapidly growing segments of Technical Textiles. During the three-day Technotex 2023, a Knowledge Report and BIS Standards would also be released.
Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, Textiles, Government of India, and Darshana Jardosh, Union Minister of State for Textiles and Railways, will address the event and share their perspectives as we work together to realise a new growth story in Technical Textiles.
The Ministry of Textiles hopes that the focused discussions, knowledge exchange, and business connections at Technotex2023 will result in actionable plans that will help India's Technical Textile industry.
