Invitation to participate in Taipei Innovative Textiles Application Show in Taiwan during October 2023

Ref : TP/19/2023-24 16 June 2023

To: MEMBERS OF THE COUNCIL

Sub: Invitation to participate in Taipei Innovative Textiles Application Show in Taiwan during October 2023

We are glad to inform you that the Council is organizing participation of Indian companies in Taipei Innovative Textiles Application Show in Taiwan from 17 to 19 October 2023 under the MAI Scheme of MOC, Govt. of India.

About Taipei Innovation Textiles Application Show (TITAS)

TITAS, the 27th edition of Taipei Innovative Textile Application Show, will be held in Taiwan. Innovation and sustainability are viewed as the core of future development for Taiwan’s textile and fashion industry. In line with the industry’s development and consumer needs, TITAS focuses on the three core themes of “Sustainability, Functional Applications and Intelligent Manufacturing” to highlight the strength of textile research and innovation. The event showcases a variety of high-tech and high-performance textiles boasting sustainable benefits and functional applications. Exhibitors also include those continuing to integrate their product lines in the way of smart or intelligent manufacturing – especially textile machinery and sewing equipment. TITAS is a platform of vertical communication and knowledge exchange between the different sectors within the textile industry.

Highlights of Taipei Innovation Textiles Application Show (TITAS)

Name : Taipei Innovation Textiles Application Show
Dates : 17 to 19 October, 2023
Venue : Taipei Nangang Exhibition Center, Hall 1 No. 1, Jingmao 2nd Rd., Nangang District, Taipei, Taiwan
Organizer : Taiwan Textile Federation, Taiwan
Exhibitors Profile : Yarn, Fibre, Fabrics, Technical Textiles, apparels, trimmings & accessories, Textile Machinery & Sewing Equipment, textile-related technologies & services.
Participation charge under MAI Sccheme : Rs.1.60 Lakhs for a booth of 9 sqm
Booth Package : Partitions, wall-to-wall Carpet, Fascia board with company name & booth number, 5 spot lights & 1 socket (110V/500W Electricity provided, 5 rods or Shelves (depending upon the products display), 1 table, 4 chairs, 1 cabinet, 1 waste basket.
Number of participants : 10 participants

Financial Grant: Please refer the attachment – Annexure A (click to download)

Taiwanese Textile Market Potential during 2021

Exports of Indian MMF textiles to Taiwan were around US$ 2.99 Mn and Technical Textiles USD 1.9 Mn.
Taiwan’s total global import of MMF textiles were around US$ 1.34 Bn and Technical Textiles were USD 1.25 Bn.
Major suppliers of MMF Textiles including Technical Textiles to Taiwan were China, Vietnam, USA, Indonesia, Japan, Turkey, Korea, Spain and UK etc.

Terms and Conditions of the Exhibitions:

Each participant will be given a furnished exhibition booth of 9 sqm size with necessary furniture, display props, lights etc. to showcase their products at the stall. Additional furnitures/equipment will be available at an additional cost.
The participation fee does not include the expenses of hotel, local transport etc. However, the air fare will be reimbursed, subject to the fulfilment of certain conditions. Refer Annexure A.
Each selected Company will have to depute a minimum of one senior representative to the Show.
The Council proposes to select around 10 companies only with MAI subsidized participation fee in the Fair. However, in excess of 10, member-exporters can participate in the Fair at market cost.
All participants must abide by the basic guidelines of the Organizers for participation in the Fair.
Participation will be accepted on first-cum-first-served basis with full payment.

Apply for participation:

Exporters registered with SRTEPC, and other Textile EPCs can apply for participation. Members interested in participating in the above event are requested to send their duly filled in “Reply Form”. The participation fee can be sent through Demand Draft/Cheque at par in favour of “The Synthetic & Rayon Textiles Export Promotion Council, Mumbai”. Participation charge may also be sent to the Council through RTGS/NEFT transfer based on the below Bank details:

Name of the beneficiary : The Synthetic & Rayon Textiles Export Promotion Council
Name of the Bank : Union Bank Of India
Branch : V N Road, Churchgate, Mumbai
Bank Account No. : 319501010036617
MICR Code No. : 400026021
IFSC Code No. : UBIN0531952
Council GSTIN No. : 27AAATT0077C1ZR