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The
Indian textile engineering industry is realising the importance of participating
in trade fairs, and has increasingly begun doing so, at least in the major
shows. This is evident from the number of participants in the successive
ITMA shows.
Even this year the Indian participation has gone up
to around 80 companies. This is despite the general feeling in the user
industry globally that there may not be many new products on display,
as most of it had already been shown during India-ITME 2004 in December.
However, all major Indian companies will showcase their products, realising
that such shows are not just about getting orders, but about getting noticed,
and about making a presence. And while there is a significant improvement
in fairs like ITMA and ITME, a similar trend is observed in the other
regional shows held in various parts of the world. And Indian companies
have begun allocating funds for trade fairs. Moreover, the industry is
focussing on exports to cushion itself against any recessionary trend
that may set in in the future. This further makes participation in such
fairs imperative. However, just participating in fairs is not enough.
Other marketing efforts are also required, such as reliable quality and
delivery, after sales service, etc. These are also areas that the industry
needs to work on. Overall, I would say the TEI is well aware of what steps
need to be taken to penetrate the global market.
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Indian
companies participating in machinery trade fairs can learn about the latest
technologies in the market, how these could benefit the textile industry
especially in its export effort; they can learn about what their competitors
are doing; about which items have potential in the Indian market, and
accordingly try and enter into collaborations with the manufacturers and
suppliers; learn about the newer markets that can be explored, and also
about which industries in the world are investing in modernisation, reequipment,
and target them. The Indian companies realise these advantages and have
made the most of the trade fairs they have participated in. Besides this,
the industry also realises that it needs technology collaborations for
moving into segments such as weaving and processing. This is a good platform
to meet the right people.
It is for this reason that we are planning to have a
big participation in CITME, China next year. We believe there is potential
to have some kind of collaboration with the Chinese industry, and this
fair will offer a good opportunity to interact with them. Pakistan is
another very good market for Indian machines, and we have been exporting
to Pakistan indirectly. We hope a decision is taken soon to free textile
machinery from import restrictions, as this would lead to a huge export
surge for the Indian industry. We are considering participating in a fair
in Pakistan next year too.
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