Booming Denim Market Brings First Denimsandjeans Show to India
According to Research, India to Overtake US as Jeans Consumer, as the Indian Denim Market Grows Exponentially
Denim has been one of the main booming textile segments in India in the past decade. Where the capacity of Indian mills to produce denim fabrics was only about 300 million meters in 2005, it has risen over 300%, reaching about 1.3 billion; making India stand second only to China globally. A major part of this production is consumed locally. Over 500 million jeans are being sold in India itself; which is a little more than the approximate 490 million jeans sold in US currently. This gives India the distinction of being the second largest consumer of denim apparel after China. India is set to get a big lead over US and EU in coming years, as its consumption increases in Tier-2 and Tier-3 cities.
This is what inspired Denimsanjdeans.com, the pioneers of denim exhibition in Bangladesh and Vietnam, to launch their first Indian Denim Show on September 25-26, 2017 at the Silicon Valley of India, Bengaluru. The show will be held at ‘The Lalit Ashok Bangalore’ and will be the first-of-its-kind show in India. It will be the first denim-focused show, which will bring some of the most reputed denim mills including top local and international garment manufacturers, together on one platform and provide a great opportunity to source denim fabrics and apparel.
Rising government focus and favorable policies is leading to growth in the textiles and clothing industry of India. The Union Government also recently announced a Rs. 6,000 crore special package for the textile and apparel sector. This package will bring forth significant flexibility in labor laws, boost exports and generate employment.
Sandeep Agarwal, Founder, Denimsandjeans.com, said, “It gives me great pleasure to bring our show to India after successfully running it in Bangladesh and Vietnam. I feel that the Indian denim industry is at an inflexion point, where we will see it take off strongly and attain depth and breadth. While we are already the second largest consumer of jeans today, we will see the market maturing substantially in terms of usage across regions and demographies. Our show aims to bring together the major stakeholders in the supply chain to come together and help in this process.”
Key retailers, buying houses and factories from India as well as from Europe, South East Asia and USA are expected to visit this show.
For further information, visit: https://www.denimsandjeans.com/events/bengaluru-hosts-first-denimsandjeans-india-show/25079
