The Road Ahead with ITM Texpo Eurasia 2013
+ Next Fair will be held in 2016…
Held between 21-24 April 2012, ITM Texpo Eurasia 2012 Fair showed us once again that Turkey is a textile country and will remain so. To this end, and to keep pace with global developments the textile industry is developing innovations in technology to meet demands. The interest in latest technology exhibited at ITM Texpo Eurasia 2012 resulted in significant investments in this area.
As the Turkish Government is aware that the textile sector is one of the leading sectors in Turkey they have introduced stimulus packages, launched new applications and developed new measures for importing to increase power & interest in this sector. In the last year alone textile V.A.T. rates have been reduced, while tax rates on imported of fabric and ready to wear garments have been increased and decisions on rationing for quotas on cotton yarn have been introduced.
These all served to raise the competitiveness of the Turkish textile sector and increase in the production capacity has already been observed. The announcement of these investment incentives immediately triggered new investment.
Having evaluated the global requirements for investment orientations and activities, the firms participating in ITM fairs and international textile machine manufacturers were consulted in making the decision that 2013 was the most suitable date for the next textile machinery exhibition held in Turkey.
Therefore the ITM Texpo Eurasia 2013 Fair held between 29 May – 1 June 2013 will be that last ITM fair until the second half of 2016. So, ITM looks forward to receiving applications from those who wish to participate in, maintain their position in and concentrate emphasis on the introduction of new technology in the textile business in Turkey and the surrounding areas for the ITM Texpo Eurasia 2013 Fair, very soon.