Prime Minister Narendra Modi Inaugurates BHARAT TEX 2024

February 27, 2024, New Delhi: BHARAT TEX 2024, a global textile mega event in the textile industry, was officially launched today at Delhi’s Bharat Mandapam by Prime Minister Narendra Modi. This monumental event is orchestrated by a collaborative effort of 11 Textile Export Promotion Councils, with backing from the Ministry of Textiles. Built on the twin pillars of trade and investment and with an overarching focus on sustainability, the 4-day event promises to be a tapestry of tradition and technology, attracting, besides policymakers and global CEOs, over 3,500 exhibitors, over 3,000 buyers from over 50 countries, and more than 40,000 trade visitors from 100 countries. An exhibition spread across nearly 2 million sq ft of area and encompassing the entire textile value chain, will help position India as a global powerhouse in textiles, showcasing its capabilities and generating momentum throughout the entire Indian textiles ecosystem.

Bharat Tex 2024 is a prominent international industry platform, featuring exhibitions, knowledge sessions, thematic discussions, Government-to-Government (G2G) meetings, Business-to-Business (B2B) networks, the signing of Memoranda of Understanding (MoUs), product launches, thematic and interactive pavilions and various other activities.

Inspired by the 5F Vision of the Hon’ble Prime Minister, the event scheduled from February 26-29 has a unified Farm to Fashion focus, covering the entire value chain.

Key Features of the Event:

The key features of the session include the following:

  • 20,00,000 Sq. Ft Area for exhibition and trade fair showcasing Apparel, Home Furnishings, Floor Coverings, Fibres, Yarns, Threads, Fabrics, Carpets, Silk, Textiles based Handicrafts, Technical Textiles and many more.
  • Retail High Street focusing on India’s fashion retail market opportunities
  • Dedicated pavilions on sustainability and recycling with focus on showcasing Tiruppur sustainable cluster and Panipat recycling cluster
  • Fashion show showcasing Indian Textiles Heritage
  • Grand launch of various Government Initiatives such as Kasturi Cotton, Vision Nxt and India Size
  • Indi-Haat showcasing India’s traditional sector of Handicrafts and Handlooms
  • Interactive fabric testing zones and product demonstrations
  • Art jugalbandi focusing on Sustainability
  • Masterclasses by crafts persons with over 3 generations of tradition and history
  • MoUs signing between various stakeholders for investment, technology transfer, research and academic collaborations
    Knowledge Sessions:

Bharat Tex 2024 has been designed to attract top level policy makers, business CEOs, investors, textile thought leaders, industry captains, sustainability champions, multilateral organizations, global institutes, and other stakeholder to deliberate on issues and challenges faced by the global textiles industry and India’s strengths that can be leveraged to address these issues.

Below are the key knowledge sessions, that would ideate on the future of Global textiles value chain:

  • 3 Dedicated CXO Roundtables (International, Domestic and Technical Textiles).
  • Over 40% of all sessions focusing on three pillars: Sustainability, Resilient Value Chains and Indian prowess in global Textiles industry.
  • 14 marque sessions on ESG, Sustainability, Circularity and Recycling and Green Financing
  • 3 Country Sessions and 5 State Sessions on opportunities, investment and trade
  • 3 dedicated sessions on the future of Indian Textiles: Large scale investment (PLI), Infrastructure (PM MITRA) and Ease of Doing Business
  • 9 dedicated sessions on Synthetic Fibres and Technical Textiles – Growth Drivers of Indian Textiles Industry
  • Global Mega Trends shaping the future of Textiles industry
  • Factory of the Future with emphasis on AI and Block Chain based smart manufacturing
  • Resilient Global Value Chains and how India role as a preferred sourcing destination
  • Indian Textiles Vision 2047 – Global leader in Textiles
    Retailing in one of the fastest growing consumer market in the world
  • Local for Global – Weaving the ultra-luxury brands from India
  • Leveraging Digitization for Indian Textiles industry
  • Start-ups and Entrepreneurship – Young India fueling the Future of Textiles
  • Skilling & Enhancing Productivity – Future proof workforce
  • Decolonizing Indian Crafts – Building a strong ‘Brand India’ for traditional sector (Handicrafts and Handlooms)
  • Many other sessions covering other topics such as India Size, Standards, QCOs, Handmade Carpets, etc.,
    Showcasing Indian Textiles Heritage:

Indian culture is woven with textiles heritage of this country dating back several centuries. The country is renowned for its diverse range of textiles right from silk, muslin and white gold (cotton) during the medieval era to the intricate designs, dyeing techniques, embroideries and world-famous weaves showcasing the country royal textiles traditions. Bharat Tex 2024 will highlight the richness of Indian textiles and strengthen its image as a custodian of tradition, innovation, and sustainability. It will also celebrate India’s reliability as a competitive, sustainable textile manufacturing hub across the entire value chain, from raw materials to end products.

The Theme Pavilion at the event would be based on ‘Vastra Katha’ with below sub-themes weaving India’s past heritage with India’s global position in Textiles industry and the future of Global Textiles, spearheaded by India.

  • Virasat – Showcasing India’s textiles history, heritage and the prominence of the country during Medieval Era
  • Vikas – Showcasing the modern textiles powerhouse with capability, scale and manufacturing excellence
  • Vishwas – Global eyes on new India and how the country can power Global textiles industry towards a sustainable future.
    Bharat Tex – A benchmark for Sustainable Event:

As the global textiles industry grapples with environmental challenges inherent with the linear model of ‘take-make-consume-dispose’, Bharat Tex is leading the way by taking proactive steps to promote eco-friendly practices and ethical standards.

Below are some initiatives taken during the event to embed the above stated values during the event.

  • Launching Kasturi Cotton, a new standard in cotton, with transparent value chain and globally acceptable quality standards.
  • Showcasing latest innovation in process, systems and production methods to move towards eco-friendly and globally acceptable sustainable practices.
    Exhibiting various solutions such as waterless dyeing, regenerative farming, organic and recycled raw materials aimed at reducing carbon footprint and minimizing environmental impact.
  • Promoting circular economy with resources being reused, recycled and repurposed. The event has ideation sessions on how to manage textiles waste and the exhibition would have various closed loop manufactured products.
  • The exhibitors at the event follow standard norms of ethical sourcing and fair-trade practices with their commitment to fair wages, safe working conditions and promoting culture of responsible sourcing.
  • The designer ensemble at the event would promote sustainable fibre based designs and zero-waste designs to ensure the country can move towards a sustainable value chain with ease of recycling end-use products.
    Global Participation:

The event has received an overwhelming response with leading global textile companies including Coach, Tommy Hilfiger, Calvin Klein, Vero Moda, Coats, Toray, H&M, Gap, Target, Levis, Kohl’s, Nike, K-Mart, IKEA, YKK, Fortum, Lenzing, Anko, CIEL Group, Busana Group, Hyosung Corporation, Brandix Apparels, Teijin Ltd, Coats Group, Poeticgem Ltd, Italiya Inc Japan, Warp-N-Weft Designs, and Cotton Council International, having confirmed their presence. In addition, Business Delegations from key textiles hubs including US, UK, Australia, Belgium, France, Spain, Sweden, Switzerland, Germany, Netherlands, Italy, Japan, Indonesia, Saudi Arabia, UAE, Singapore, Brazil, Mexico, Sri Lanka, Thailand, Vietnam, Turkey, Philippines, South Korea, Bangladesh, Russia, Kenya, Mauritius, South Africa, Nigeria, Zimbabwe, Nepal, Peru, Egypt, and Thailand.

Multilateral Organizations and Global Think Tanks: The event has garnered interest across various agencies including multilateral organizations, global textile think tanks and NGOs including UNEP, UNIDO, Laudes Foundation, GIZ, IDH, Cotton Connect, WGSN, Fashion for Good, Better Cotton Initiative, Responsible Sourcing Network, ITMF, International Apparel Federation, ITME, BGMEA, BKMEA, Cotton Egypt Association are partnering with Bharat Tex 2024 to facilitate discussions and deliberations on Global trends in Textiles and Apparel including sustainability, circularity, traceability, industry 4.0, innovation, green financing among others.

Holistic representation of Industry Stakeholders: This event is a perfect example of collaboration among all the value chain players represented by 11 Export Promotion Councils, covering the entire value chain from farm to end products. All top Indian textile companies across all elements of the value chain too are represented in Bharat Tex.

In addition to the EPCs, various Indian and global industry bodies and associations have overwhelmingly supported the event. Some of key bodies include CMAI, CITI, SIMA, SGCCI, TEA, GEMA, YESS, ITMF, ITME, ATMA, NIFT, among others.

Indian Textiles Industry in Unison: The entire textiles industry covering all parts of value chain have enthusiastically participated in the event. Prominent entities including the Aditya Birla Group, Reliance Group, Arvind Fashion, Welspun Living, Indorama Ventures, Trident Group, PDS, Shahi, have signed up as sponsors of the event. In addition, SMEs have shown large scale participation across all the key clusters in the country.

State Participation: Major Textiles States in the country including Uttar Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Telangana, Tamil Nadu and Karnataka are enthusiastically participating with dedicated pavilions and government representations.

With India’s global competitive edge in Textiles due to its recent FTAs, policy initiatives such as PLI and PM MITRA and state support packages, India’s textile sector is optimistically looking forward. Over 50 MoUs and announcements to be signed during the event will provide further impetus to investment and trade in the sector. Bharat Tex will not just showcase Indian capabilities in the sector, it will also help build Brand India in textiles and be a significant step in achieving our 2023 vision of a US $ 350 Billion Indian textiles ecosystem.

Hon’ble Prime Minister Shri Narendra Modi to launch power projects worth Rs 28,978 Crore

Bengaluru, 2nd February 2024: Hon’ble Prime Minister Shri Narendra Modi will dedicate to the Nation NTPC Darlipali Super Thermal Power Station (2×800 MW), NSPCL Rourkela PP-II Expansion Project (1×250 MW) and lay the foundation stone of NTPC Talcher Thermal Power Project, Stage-III (2×660 MW) with a total investment of Rs 28,978 Crore during a programme at Sambalpur on 3rd February 2024.

Located in Sundargarh district of Odisha, Darlipali STPP is a pit-head Power Station with Supercritical (highly efficient) Technology and is supplying low-cost power to its beneficiary states, such as Odisha, Bihar, West Bengal, Jharkhand, Gujarat and Sikkim.

The 250 MW project of NTPC-SAIL Power Company Ltd is established in Rourkela Steel Plant (RSP) to provide reliable power for the steel plant which is vital for economic growth.

Further, NTPC is developing Talcher Thermal Power Project, Stage-III within old TTPS plant premises in Angul district of Odisha, which was taken over by NTPC from Odisha State Electricity Board in the year 1995. The old TTPS plant was decommissioned after completing more than 50 years of service to the Nation.

CONFRENCE

The upcoming plant will have highly efficient Ultra Super Critical Technology-based units and approximately three times capacity of the old TTPS plant. While 50% capacity from this project is dedicated to the state of Odisha, other beneficiary states such as Tamil Nadu, Gujarat and Assam will also get low-cost power from this pit-head station.

This project is being constructed with all modern environmental features like efficient electrostatic precipitator, Flue gas desulphurization, bio-mass cofiring, covered storage space for coal and will thus help in lesser Specific Coal Consumption and CO2 emissions.

Besides creating direct and indirect employment opportunities in the region, these projects have contributed to improvement of physical infrastructure such as approach road, drainage, transportation and communication facilities. Various community development initiatives are also being undertaken by NTPC in the surrounding villages in the area of education, drinking water, sanitation, health, women empowerment, rural sports, etc. NTPC has also set up a Medical College cum Hospital in Sundargarh, Odisha.

Prime Minister Narendra Modi to set vision for New India

The 8th Edition of The Times Group Global Business Summit (GBS), one of the largest conclaves of its kind in Asia, is scheduled to take place on February 9 and 10, 2024 at Taj Palace, New Delhi –India. This year, Hon’ble Prime Minister Narendra Modi will set his vision for a New India at the summit and will be complimented by other key cabinet ministers that will underscore that goal for the country.

 Deliberations will pivot on the theme of Disruption, Development, and Diversification, where global leaders from across the world, such as; Bill Winters, CEO, Standard Chartered Bank; Jennifer M. Johnson, CEO, Franklin Resources Inc; Ravi Kumar S, CEO, Cognizant; Michael Schoellhorn, CEO – Defence and Space, Airbus; Andrés de León, CEO, Hyperloop TT; Michael Spence, Economist & Nobel Laureate, and David Hanson, CEO & Co-Founder, Hanson Robotics among others, will be seen collaborating to find solutions to the most critical problems humanity is facing today.

 The Times Group Global Business Summit, curated and executed by ET Edge, is a forum for global leaders to discuss current issues and map the future. This year, government leaders, opinion-makers, business magnates, corporate heads, academicians, and technocrats from across the world will gather to understand the complexities being faced globally, predict the world’s trajectory, and propose practical solutions for current and future challenges.

 Mr. Vineet Jain, Managing Director of The Times Group said, “In an era marked by escalating global uncertainties, we must harness the intellectual prowess of some of the best minds to collaboratively devise solutions that will help us in building a resilient world. This year’s summit will once again serve as the fertile grounds on which thought-provoking discussions and exchange of ideas will contribute to resolving some of the most pressing global challenges plaguing our communities and lives.”

The 2024 edition is expected to be attended by 2000+ delegates from diverse industries, sectors, and backgrounds from over 20 countries.