Page 5 - TEXtalks. July- August 2023

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ITMA 2023 with astounding success;

Global situation of the textile industry;
Inspiring Change 2023

Editor-in-Chief ITMA 2023 concluded on 14 June negative but has improved for the
Yousaf Fareed 2023 with astounding success. The first time since November 2021.
quadrennial event welcomed a According to the ITMF’s Global
Editor record turnout of 111,000 visitors Textile Industry Survey (GTIS)
Hassan Saeed from 143 countries. With a gross conducted in the first half of July
exhibition space of 200,000m² that 2023, the business situation
Sub-Editor showcased 1,709 exhibitors from improved on average worldwide in
Arooj Sajid 47 countries across 20 product July 2023 despite remaining
Dr Sharjeel Abid chapters, ITMA sealed its negative. An increasing number of
reputation as the innovation companies have adapted to the
Advisory Board launchpad of the textile industry, harsh business environment and
Dr. Tanveer Hussain setting the trends for the industry are now reporting improvements. A
Dr. Muhammad Tausif to transform towards digitalization regional analysis shows that Asia is
and sustainability. struggling the most and South
Marketing America is back in positive territory.
Aheda Tariq During and even after ITMA 2023, Global business expectations have
Ayesha Zulfiqar several thousands of connections not changed since March 2023. All
were made between exhibitors and regions remained optimistic about
Layouts visitors through ITMAconnect – the the situation 6 times, except for
Faizan Khan new online sourcing platform and East Asia. Weavers/knitters and
knowledge hub for the textile dyers/finishers/printers are two
Marketing Incharge community. Participants continued segments where the expectations
Muhammad Omar to make meaningful engagements have turned negative.
with each other and accessed
Circulation valuable content on ITMAconnect. Inspiring Change 2023 is also set
Muhammad Shafique to take place again with its 6th
From sustainable materials and edition on September 21, 2023, in
Address eco-friendly processes to waste Lahore, Pakistan. Inspiring Change
C-302, City Towers reduction and responsible aspires to break all barriers and
Main Boulevard, Gulberg II production, ITMA 2023 reaffirmed unite the textile industry to work
Lahore-Pakistan that sustainability is imperative for together towards a better
a thriving future. Valuable tomorrow. It will not only accelerate
Phone: + 92 42 35 788 700 knowledge sharing, exchanges, growth but also explore endless
Fax: + 92 42 35 788 700 and collaborations were also opportunities for its participants to
fostered at the series of events discuss sustainable solutions. For
Email: info@textalks.com organized at ITMA 2023. They the upcoming edition of Inspiring
Skype: textalks extended their heartfelt gratitude to Change Conference 2023,
all the participants, exhibitors, enormous opportunities are waiting
www.textalks.com visitors, partners, and young for the sponsors and participants,
talents who will drive the industry including but not limited to the
forward with game-changing discussion on the latest global
innovations for the textile industry. trends, opportunities to explore
Four years from now ITMA 2027 new ideas and technologies,
will take in Hanover, Germany. evaluation and finding solutions for
different issues, and challenges
The business situation remains faced by the textile industry.

July/August 2023