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30 Indian Companies Participate in INTERMODA 2019 in Mexico

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New Delhi:

Port Wings News Network:

Under the banner of Federation of Indian Export Organizations, 30 Indian exporters from textiles and fashion industry participating in INTERMODA, Guadalajara from 15 to 18 January, 2019 at Expo Guadalajara.

The items on display includes men, women and children’s wear, swim wears, carpets, leather bags, hand-embroidered textiles, skin and body care products, synthetic fibre, work wear and summer collection for 2019. The Indian pavilion was inaugurated by Mr Xavier Orendain Martínez, Honorary Consul General of India to Guadalajara, Mexico along with Mr Xavier Orendain de Obeso, President, National Chamber of Commerce, Guadalajara and Mr Ashwini Kumar, Second Secretary, Economic and Commercial, Indian Embassy, Mexico .

In terms of exports from India to Mexico, India is the 4th biggest exporter of apparels and clothing accessories. In the period of January- September India exported goods worth 84 million USD registering a growth of 23 percent. In 2017, India exported goods worth 101 million USD in total.

India’s textiles sector is one of the oldest industries in Indian economy dating back several centuries. India’s overall textile exports during FY 2017-18 stood at US$ 39.2 billion. The Indian textiles industry, currently estimated at around USD 150 billion, is expected to reach USD 250 billion by 2019. India’s textiles industry contributed seven per cent of the industry output (in value terms) of India in 2017-18. It contributed two per cent to the GDP of India and employs more than 45 million people in 2017-18. The production of raw cotton in India is estimated to have reached 34.9 million bales annually. (Indian FY runs from April to March).During the 4 days exhibition Indian Exporters display high end fashion products suitable for the region.

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