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Global Retail Giants, Including H&M and Target, Set to Showcase at India’s Bharat Tex 2024 Expo

In a significant international gathering, renowned companies such as H&M, Target, CIEL Group from Mauritius, Busana Group from Indonesia, Hyosung Corporation from South Korea, Perennials and Sutherland LLC, and Coats Group from the UK are among the 3,000 participants confirmed for Bharat Tex 2024, touted as India’s premier global textile expo.

The expo is positioned as a crucial catalyst for propelling India’s apparel exports to reach $40 billion by 2030, with an overarching goal of pushing overall exports to $100 billion. India envisions its textile exports soaring to $100 billion and the economic value of the industry’s output hitting $250 billion by 2030, with apparel alone surging from $16 billion to $40 billion during this period.

Scheduled from February 26-29, the inaugural edition of the expo will feature around 2,000 weavers and artisans showcasing their handicraft and handloom products. Prime Minister Narendra Modi is set to inaugurate Bharat Tex 2024 Expo, encompassing exhibits ranging from fiber and yarn to fabric, apparel, home textiles, technical textiles, and handicrafts.

An official expressed enthusiasm about the overwhelming response, with over 3,000 exhibitor registrations for the event taking place simultaneously at Bharat Mandapam and Yashobhoomi. Yashobhoomi will host consumer products like carpets and handlooms.

In addition to H&M and Target, prominent participants include Aditya Birla Group, Reliance Group, Arvind Fashion, Welspun Living, Indorama Ventures, Trident Group, PDS and Shahi, as well as Chargeurs PPC from France. Ministerial and business delegations from key textiles hubs, including Australia, Italy, Turkey, South Korea, Bangladesh, Russia, Peru, Egypt, and Thailand, are expected to attend the exhibition.

Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.​​

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