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With four successful editions in the past, Hindustan Chamber of Commerce is now gearing up for its 5th Edition and is pleased to announce ASIATEX- 2023.
AsiaTex’s mission is to enable business by connecting the entire textile trade industry. It promotes the growth of the textile industry by creating effective networking opportunities for suppliers while bringing together buyers from different regions on one platform.
Asiatex’s mission is to enable business by connecting the entire textile trade industry. It promotes the growth of the textile industry by creating effective networking opportunities for suppliers while bringing together buyers from different regions on one platform
With four successful editions in the past, Hindustan Chamber of Commerce is now gearing up for its 5th Edition and is pleased to announce ASIATEX- 2023.
The fair provides real-time opportunities to showcase future trends, introduce latest products, keep abreast of innovations and develop new networks for the ever-growing textile trade. This is of particular importance in this market which is as vast and diversified as the Indian market.
Up to 1000
guests650 sqm
(6997 sqft)Catering
Available15 Minutes
to City Center8 Venue Spaces
for Your EventMany Places
to Go After
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Edition
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Exhibitors
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Sq Meters
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Supporting Associations
Supporting Associations
Supported By
MINISTRY OF TEXTILESAssociate Sponsor
Balkrishna FabricsAssociate Sponsor
Sharda Cropchem LimitedManaged By
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General paradigms of endless opportunities in the Indian market
Domestic Market
India’s domestic market is the 6th largest fashion market in the world, fuelled by the world’s largest youth population under the age of 35. India’s domestic textile and apparel market is set to grow at nearly 18-20% per annum between 2022 and 2025.
Retail
Between 2022 and 2030, India’s retail industry is expected to grow by nearly 10% annually. Organised retail grew by 50 percent during 2012-20 and is valued at 12 per cent of the total retail market.
E-commerce
Growing urbanisation and increasing smartphone penetration, supported by high-speed internet, has brought fashion to tier II, Ill and IV cities. This is expected to double the overall e-commerce sales between 2022 and 2026. India’s online fashion industry is growing significantly, supported by rising order volumes from Tier II and Ill cities.
Exports
Exports of yarns, fabrics, garments, made-ups and handloom products have grown exponentially in 2021-2022. A key player in the regional economy, India is the gateway to Asian markets. The combined strengths of India and South Asia have created the world’s second largest textile and apparel industry in India.
Consumption
Rising incomes and a shift to digitization are driving India’s economy. India’s consumption capacity will grow by nearly $2 trillion by 2030. The number of high-income households will also increase significantly in the coming years. Household disposable income is forecast to grow by almost 10% over the period 2022-26, leading to increased consumer spending. Urbanisation will also increase significantly, creating a more affluent consumer base. By 2030, India will have the third largest number of high-income households in the world, with more than half of the population in the consumer class after the US and China.
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Up to 1000
guests
650 sqm
(6997 sqft)
Catering
Available
15 Minutes
to City Center
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Contact Us
AsiaTex 2023
Jio Convention Centre
G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400098, India
Hindustan Chamber of Commerce
1st Floor, Sojat Bhavan, 342, Kalbadevi Rd, Marine Lines East, Gaiwadi, Kalbadevi, Mumbai, Maharashtra 400002