India ITME & SITA-ITC connect East Africa and Indian textile sectors

International Trade Centre, UN and WTO's joint agency, in partnership with India International Textile Machinery Exhibitions (ITME) Society, hosted TextilesExchange 2021 on April 23-24. TextilesExchange 2021 was held under framework of Supporting Indian Trade and Investment for Africa (SITA), a project funded by Foreign, Commonwealth and Development Office.

 

In this virtual trade fair, Indian and East African textile businesses met potential trading partners and capitalised on market opportunities.

 

“This TextilesExchange 2021 platform is enabling buyers and sellers to interact based on their mutual business interests. And which will hopefully result in long-term business relationships,” S Hari Shankar, chairman, India ITME Society, said in a press release.

 

According to the ITME’s press release, over 700 business to business (B2B) meetings were planned for the event, and many more happened during the two days of the event. Close to 250 businesses from Ethiopia, India, Kenya, Rwanda, Tanzania and Uganda used the TextilesExchange platform to: present their company’s products, source inputs, exchange knowledge, ideas and technology, and create vibrant business networks in the process.

 

“Covid-19 pandemic with ensuing travel restrictions has limited opportunities to network through physical trade fairs and exhibitions; this has been to the detriment of business and trade. We shall overcome and this that occupies us today will be a distant memory soon! In the meantime, SITA is attempting to fill the gap through virtual means, by hosting this online Trade Fair for the Textile Sectors of India and East Africa,” Govind Venuprasad, co-ordinator at SITA said.

 

On the first day, the participants also interacted with international experts in technical seminars on access to finance and import compliance regulation, two of the biggest challenges for East African Textile companies. Giving Rwanda’s perspective at the opening ceremony, Kanzayire Theopiste, chairperson at Apparel Manufacturing Group (AMG) of Rwanda, highlighted access to finance as a major challenge for their members, 99 per cent of whom are women. Theopiste’s remarks were followed by a presentation by Anda Valla, SITA project officer, who announced the launch of SITA’s Access to Finance guide that seeks to address this problem. This practical guide will assist companies to get connected to financial institutions.

 

Three quarters of the East African TextilesExchange delegates were women. Since Textile and Apparel is a women-led sector, growing and strengthening the textile value chain is key opportunity to economically empower women and contribute to sustainable development at the same time. With this in mind, Sheena Frida from the Kenyan Fashion Council, emphasised the timeliness of the TextilesExchange event, since the sector has been particularly badly hit by the Covid-19 pandemic.

 

As well as connecting companies with each other to do business, TextilesExchange2021 served as a platform for insights on technology transfer and other partnerships including investments between Indian and East African companies operating across the textile and apparel value chain. In particular, TextilesExchange 2021 focused on machinery, fibre, yarns, fabric, trimmings and accessories.