Page 18 - April-May-2017
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                                                                                                                                        Traditional meeting






                                                                                                                                          place for the world





                                                                                                                                        textile technologies





                       African cotton                                                                                               ITM Exhibitions, whose capacity and participants increase every passing day and flooded by the visitors from

                                                                                                                                            Turkey and around the world, is the biggest fair of Turkey and the third biggest of the world.
              A better alternative for Bangladesh textile                                                                           exhibition applications and sales on 20th September 2016, the increasing participation demands coming from
                                                                                                                                      The sales of ITM 2018 that will be held on 14-17 April 2018 continues at full speed. Following the start of


             The garment industry of Bangladesh mostly relies   African importers.                                                   the world brands also increased the occupancy rate of the exhibition area up to 80%. While the 3rd hall, in
             on the imported cotton from the raw materials that is                                                                   which the yarn machines will be displayed at ITM 2018 Exhibition, the majority of the halls for weaving (2nd
             majorly sources from China and India. Currently,   While speaking on the occasion, Mohammad                            hall), printing and digital printing (5th and 6th halls), knitting (7th and 8th halls) and dyeing and finishing (10th,
             Bangladesh is the second largest cotton importer in   Shahidullah said “African countries produce high                                              12th and 14th halls) are almost full as well.
             the world and if Africa produce more cotton it will be   quality cotton. Import of African is also more
             helpful for Bangladesh and will surely be a good   cost-effective compared to other countries.” The                    ITM has become a worldwide brand of today. ITM Exhibitions, whose capacity and participants increase every
             alternative for cotton import.                   African cotton industry is export-oriented while that                 passing day and flooded by the visitors from Turkey and around the world, is the biggest fair of Turkey and the
                                                              of Chinese and Indians have their own demands for                    third biggest of the world. ITM 2016 Exhibition held on 1-4 June 2016 was visited by 49.730 people from Turkey
             The Finance Minister AMA Muhith, while speaking at   cotton that becomes challenging some time. Said                   and 76 countries. Having shown participation and visitor increase during each event, ITM Exhibitions continue
             the inaugural session of the African-Asian Cotton   by Mohammad Ali Khokon was that “the cotton                          to increase its success in that direction. The intense participation demand coming from the machine and
             B2B Meeting organized by International Islamic   import increased to 7.087 million bales from 4.876                    accessory producers point out that ITM 2018 Exhibition will be the biggest ITM that has been held until today.
             Trade Financing Corporation (ITFC) of the Islamic   million bales in the last five years with Africa making            The fact that 80% of the places were reserved a year before the exhibi- tion shows that a significant increase
             Development Bank (IDB) Group at The Westin Hotel,   increasing contribution to the global cotton supply.                              will take place in terms of both exhibition area and number of participants.
             Dhaka said that “African countries can be a major   He said that Bangladesh has now a dominant
             source of cotton used as raw materials in the    position in cotton for 425 spinning mills.” According
             Bangladesh’s garment industry, as the African    to the given figures by BTMA, the Bangladesh is
             cotton is not only of good quality but easy for   currently sourcing about 20.88% of its net cotton
             import.” The aim of the meeting was to enhance the   from African countries apart from the import of
             B2B relations between Bangladesh and             cotton from US and India.
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