AkzoNobel announces Heart Wood as 2018 Colour of the Year - LEXUS FLAGSHIP LS500h ARRIVES IN INDIA - CHENNAI BRINGS BACK AIRASIA INDIA WITH ITS CHARM - ZEE Jaipur Literature Festival 2018 to feature dazzling Heritage Evenings to celebrate the city’s iconic monuments in partnership with Rajasthan Tourism - "अनन्या" चा २५ वा रौप्य महोत्सवी प्रयोग - Mumbaikars experience the ‘Future of Lifestyle’ with ‘L’Affaire’ - LANXESS increases prices for Macrolex and Ceres solvent dyes - ACCIDENT OF HONDA CITY CAR ON NAVI MUMBAI PALM BEACH ROAD SIGHTED TODAY - Asian Marathon Champion Gopi T & Asian plus Commonwealth Gold Medallist Sudha Singh to headline the 15th edition of TATA Mumbai Marathon TMM-2018 - Automobili Lamborghini launches its third model the Lamborghini Urus priced at INR 3 crores (Ex-showroom) - Journalists honoured with Mantralaya Vidhi Mandal Vartahar Sangh awards - AMBER ENTERPRISES INDIA LIMITED Initial Public Offer opens on Wednesday, January 17, 2018 and closes on Friday, January 19, 2018 with Price Band of Rs. 855 to Rs. 859 per Equity Share - Discovery JEET set to strike the GEC market in India - HUL LAUNCHES A NEW CAMPAIGN ON SWACHH AADAT SWACHH BHARAT TO CREATE A NATION OF A ‘PLAYING BILLION’ - 35 World Record holder, Pole vault legend - SERGEY BUBKA is International Event Ambassador of Tata Mumbai Marathon 2018 - Solomon Deksisa heads men’s field, defending women’s Champion Kitur returns to the Tata Mumbai Marathon - Blueair and Global Hospitals come together to raise awareness on the ill effects of air pollution - Newgen Software Technologies Limited’s IPO opens on Tuesday, January 16, 2018, and closes on Thursday, January 18, 2018, with Price Band of Rs. 240 to Rs. 245 per Equity Share of Face Value of Rs. 10/- each - Kerala shifts into high gear with a brand new tourism policy and an assorted fare of tourism products,organises a Partnership Meet in Mumbai - Skillsoft Named to CIO Bulletin’s 50 Best Workplaces to Watch - Wockhardt Hospital conducts Infection Prevention and Control Conclave (IPCC) to address Patient safety - NPCI appoints Mr. Dilip Asbe as MD & CEO - L&T Technology Services launches Digital Industrial Transformation Go-To-Market Powered by Microsoft Azure - Government of Maharashtra announces the first ever Mumbai Shopping Festival 2018 - KESHAV B. KOLI, CMD-SMSSL LAUNCHES INDIA'S FIRST EVER "SURIMI BENEFICATION PROJECT" UNDER ITS BRAND IDENTITY NAKHWA - Dr. L H Hiranandani Hospital inaugurates first MUHS recognized Fellowship Program on Obesity - Maharashtra gears up to host its first global investment summit Magnetic Maharashtra : Convergence 2018 - 6th Edition of Global Kokan Festival to host ‘Make in Kokan’, ‘Advantage Kokan’, ‘Blue Revolution’ and ‘Tourism Conference’ - Neha Banerjee who secured 6th position at Mrs. Universe World Event 2017 attended Lokmat, Made in India Swadeshi Runway 2017 - Apollo Micro Systems IPO to Open on January 10 and Close on January 12, With price band at Rs 270-275 a share - Huhtamaki PPL bags 8 IFCA Star Awards - Film Director Anil Sharma launches Ishita Chauhan his new heroine for upcoming movie "Genius" - “SIKANDERNAMA, Qissa-I- Sikander of Akber” Book Launched By Madhusoodan Naavalan - Saurav Beverages conferred with International Icon Award - The saga and aftermath of Maharashtra Bandh by the Dalit Community - Siddha Group - Year-end and Outlook 2018 - Real estate sector review - Kia Motors India appoints Kookhyun Shim as new Managing Director and Chief Executive Officer - TUV Rheinland to test for compliance of imported toys in India - Bank of Baroda organizes Mega credit camp for SHGs under Financial Inclusion - Rajat Kakar appointed as the Managing Director of Phonographic Performance Limited (PPL) India - MMP Industries Ltd Mega NSE SME IPO anticipated to Open Early 2018 - Bright Perfect Miss India and Bright Perfect Achievers Award 2017 held at Peninsula Grand Hotel - Ministry of Tourism Closed 2017 with Sales Mission and Consumer Selling Wonderful Indonesia in India - Huawei Honor View 10 aka Honor V10 review with specifications Update - Model - Actress Heena Panchal Christmas bold photo-shoot turns Hot & Sexy Santa - India’s first zip line comes to Greater NOIDA, Grand Venice Mall unveils ‘Mastiii Zone’- India’s largest indoor entertainment zone - RIL rededicates itself to the Nation at its Largest Ever Gathering - Shander wins 10K INTENCITY Mumbai Run, Shander is followed by Shailesh and Pravin; Shital tops women’s field - Actress Ekta Jain and Shree Rajput shoots in red dress for Christmas - BANK OF INDIA BAGS PRESTIGIOUS ABCI ‘MAGAZINE OF THE YEAR 2017’ AWARD FOR ITS HOUSE JOURNAL ‘TAARANGAN’ AT MUMBAI - Grand launch of ‘Yeda Republic’ in Mumbai! - Bollywood star Ranveer Singh partners with the Premier League in India - LUNG CARE FOUNDATION& PETRONET LNGAWARDED WITH GUINNESS WORLD RECORDTM OF CREATING THE ‘LARGEST HUMAN IMAGE OF AN ORGAN (LUNG)’ - VVIP ENTERTAINMENT BRINGS LONDON’S EXCLUSIVE NIGHT CLUB CIRQUE LE SOIR TO DELHI - Olympic & World Champion Helen Maroulis & MarwaAmri battled it out on Beach Wrestling ahead of PWL 3 Hosted by- Razzberry Rhinoceros, Juhu Hotel, in Mumbai - HONOR 7X AVAILABLE FOR FLASH SALE EXCLUSIVELY ON AMAZON - Teaser Launched of Sanjay Raut's celluloid chronicle on Balasaheb Thackeray’s life - MTV creates the perfect pitch in sports arena; acquires broadcast rights for Box Cricket League ~200 celebrities, 10 teams, 10 overs, 23 episodes and 46 hours of inexhaustible fun~ - World Orange Festival, India’s 1st orange festival receives an overwhelming response in Nagpur - U.S Cranberries and Chef Vicky Ratnani partner to give festive season recipes a healthy twist - TLC highlights women’s issues with a brave, new format in THE POETIST - CELEBRATE CHRISTMAS AT INORBIT MALL - SMALLER FIRMS TURN TO SUSTAINABILITY FOR GROWTH AND INVESTMENT - New Year celebrations come early with Zee Cine Awards 2018! - Priyanka, Katrina, Ranveer, Shahid, Jacqueline, Sidharth and Bhumi to set the Zee Cine Awards 2018 stage ablaze! - Savour the Best Christmas and New Year Special Cocktails by Diageo India - DIAGEO SECURES 5 MILLION PLEDGES NEVER TO DRINK AND DRIVE - Johnnie Walker Showcase The Journey presents Rumor – The Xmas Edition, 23 December 2017 - Lakmé Fashion Week Summer/Resort 2018 Showcases four new faces selected by Jury among 100 registered applicants for model auditions at The St. Regis - Clean Air Store Launches RespoKare Anti-Pollution Mask in India - ALTINA AWARDS FUNCTION 2017 HOSTED IN MUMBAI - Watch Jacqueline and Tiger Fight @ Launch of Super Fight League Season 2 at The Taj Lands End, Bandra - Sachin Tendulkar visits his second adopted village Donja as a MPfor speeding development work - LANXESS on course for record year after excellent third quarter - Ambuja bags six prestigious accolades @ CII-ITC Sustainability Awards 2017 - Mahindra First Choice Services Crosses the ‘1 Million Car Services’ Mark - The Yoga Institute to roll out year-long Centenary celebrations - Ultra-glamorous VORTEX BANDRA hosts one of the Breath-taking and the much awaited EVC After Party - COMIO EVC MUMBAI 2017 COMES TO AN END WITH PERFORMANCES FROM ARIJIT SINGH, ROBIN SCHULZ, NUCLEYA AND MANY MORE - RED FM and BIG Bazaar join hands this Christmas to create the biggest cake in Bangalore - MTV Forays In To Sports Broadcasting, Acquires High Value Partnership Deal With Super Fight League Season 2 - Future Supply Chain Solutions Limited listing ceremony held today - HPCL WRITES TO AIRTEL BANK ON SUBSIDY ISSUE - Raise in Customs Duty to push Make in India - MARKS & SPENCER LAUNCHES CLOTHES EXCHANGE IN INDIA - Savour Deliciously Healthy USA Pears at Godrej Nature’s Basket - MedGenome Receives Accreditation from College of American Pathologists (CAP) - AU Small Finance Bank offers career launch pad to young professionals of Institute of Company Secretaries of India - Kidambi Srikanth wins the GoSports Athlete of the Year - Ashwin Sanghi launched the trailer of the much awaited Keepers of the Kalachakra with Sonali Bendre at Times Literature Festival - FACE BOOK PHOTOS FOR 2016-17 OF GLOBAL PRIME NEWS (GPN) - Sarod Maestro Ustad Amjad Ali Khan performs at the Chhtarapati Shivaji Maharaj Vastu Sanghrahalaya [Prince of Wales Museum] after Two Decades - Nickelodeon Kids Choice Awards 2017 was a starry affair! - Borivali Design Fest (BDF) Day 1 Rocks - The 8th Women's Leaders In India Award hosted in the City - Power Finance Corporation Ltd. aids 100 Hearing Impaired children to get The Sound of Life through Cochlear Implant Surgeries - Prof. Gita Gopinath to address Exim Bank's 33rd Commencement Day Annual Lecture on Thursday, 21st December, 2017 - Pet Fed: India’s Biggest Pet Festival Debuts in Mumbai this Year! - Salman-Katrina Chemistry Sizzles In Dil Diyan Gallan From Tiger Zinda Hai - ‘‘Tis the Season to bake!- Celebrate Christmas with Maria Goretti’s ‘I Want To Bake Free’ - GoSports Foundation celebrates third Edition of Athletes Conclave - Union Bank of India launches new e-comfort Lobby at Nariman Point - Pond's Brand Address Pollution with latest in Skincare Technology and Launches Pocket Skin Coach S.A.L - ARMAAN MALIK BECOMES SANTA CLAUS FOR SPECIAL CHILDREN! - Radio City Brings Alive the Power of Radio with the Launch of Version 2.0 of Its ‘Rag Rag Mein Daude City’ Brand Initiative - Huhtamaki PPL wins two WorldStar Awards - BEAUTY SERVICES MADE EASY AS VODAFONE M-PESA TIES UP WITH VLCC - 12.93 Crore Union Bank shares allotment under Qualified Institutions Placement (QIP) aggregating to Rs.2000 crore - FundsIndia partners with YES BANK to launch UPI on mobile for faster, easier payments - WORKAMP SPACES MAKES ITS ENTRY INTO MUMBAI - Darshans – crafted spiritual experiences by SOTC receives encouraging response from travellers - Nokia, IIT-Delhi to collaborate on analytics and AI for solving complex telecom challenges - Kolhapur can be next IT hub, says Dr. Lalit Kanodia - Star Sports India Football Forum 2017 highlights growing importance of the game, Kids need to get out of their homes and play to become better human beings, says Ceppi - AKANKSHA SINGH shines the tiara of 3rd runners up at Miss Asia Awards & made the country proud on global platform, at South Korea, Seoul - Anup Jalota, Preetika Rao, Sandhya Shetty, Ekta Jain, Shree Rajput, Khooshi Gurubhai introduced models for 7th Bright Perfect Miss India Contest in Mumbai - BDF- Borivali Design Festival, Creating a community for change from 15th Dec to 17th Dec 2017 at Ekta Ground - SHARMILA TAGORE, SAIF, KAREENA, SABA AND KUNAL COME TOGETHER TO UNVEIL SOHA ALI KHAN'S DEBUT BOOK "THE PERILS OF BEING MODERATELY FAMOUS" - Government will soon undertake the process of recognizing the IIGJ as a part of Mumbai University”: Shri Vinod Tawde, Hon’ble Minister for Education, Govt of Maharashtra - The Governor of Maharashtra CH Vidyasagar Rao launched the digital version of the UNICEF ‘State of the World’s Children 2017’ report at Raj Bhavan, in Mumbai - Shaina NC with Stalwarts and Experts from Anti-Human Trafficking recommend strict action against ‘Customers aka Offenders or Criminals ’ who pay to sexually exploit Children - IIFL Investment Managers puts sports first with EKA - CREYATE – THE EMERGING CULT FOR CUSTOM MENSWEAR - Maldives once again wins prestigious International Awards - ETIHAD AIRWAYS ANNOUNCES CASABLANCA AS NEW BOEING 787 DREAMLINER DESTINATION - Vodafone RED, India’s Best Postpaid Plans now offers Red Protect; A unique offering from Vodafone and Aviva integrating enterprise mobile plan with life insurance - ISHRAE announces Thane chapter of ‘URJAVARAN’ 2017-18: Sustainable living in India’s Smart Cities - Mumbai Police sensitized on handling children in street situations - Intelenet® Global Services wins IDC Insights Award for artificial intelligence deployment in the aviation industry - Bollywood goes to Austria, Tirol and Innsbruck, bringing Austria closer to Indian audiences - Volvo Cars sets new benchmark in luxury SUV segment with New XC60 - 62yr old suffering from Subdural Hematoma that caused his brain to shift to one side, treated successfully at SL Raheja Hospital, Mahim - Mumbai joins the Millet Bandwagon Karnataka Agri minister takes the Millet movement to Mumbai - Madhushree gets surprise party for Kanha Soja Zara song from Bahubali 2 - The Conclusion - The 11th edition of IFSEC India secures its position as South Asia’s largest Security & Surveillance show - Global Advertisers joins hands with Amitabh Bachchan's The Great Leader - IBS Mumbai develops future leaders through its management education programme - Celebs Avneet Kaur,Bhavesh Balchandani,Arishfa Khan,Ekta Jain,Shree Rajput, Arhaan Husain , Dev Gill and Mayor Vishwanath Mahadeshwar visited Science Exhibition at Sacred Heart Boys High School,Santacruz W. - The Harmony Foundation, initiated the Mother Teresa Memorial Awards in 2005 - Karan Singh makes sensational return from injury, wins Gold in maiden Vasai-Virar Mayor’s Marathon - Defending champ Rashpal confident of retaining Crown - ICAI International Conference 2017 Concludes Today - adidas partners with Lifestyle International Pvt. Ltd. adidas women’s apparel will now also be available at 16 Lifestyle stores across India - Mr. Bill Gates acknowledges Hester for developing a Newcastle Disease Vaccine - Prime Minister inaugurates Dr. Ambedkar International Centre - Sonalika Tractors aims to expand in Europe and 5 global markets eyes 20% growth - Schneider Electric Announces EcoXpert™ Master Level Partners in Critical Power - NAREDCO TO LAUNCH ITS FIRST PROPERTY EXHIBITION IN MUMBAI - BSE’s India INX gets SEBI nod for listing framework of debt securities - PUBLICATION OF MARATHI NOVEL "HIS DAY" FOR HIZDE [Trans Gender] RELEASED AT A BOOK LAUNCH AMIDST EUNUNCHS - NSE compiles ‘Regulation wise Compilation of SAT Orders’ Senior SEBI officials release an e-book in 5 volumes on SAT orders - Ruchi Soya to scale up Soybean crushing business post favorable government policies - Cloudnine Group of Hospitals Inaugurates First ever hospital in New Mumbai dedicated to mothers & babies - STERLING HOLIDAYS REDEFINING THE INDIAN HOLIDAY LANDSCAPE - HPCL SWEEPS SCOPE CORPORATE COMMUNICATION EXCELLENCE AWARDS 2017 - Astron Paper and Board Mill Limited’s IPO opens on December 15, 2017, with Price Band of Rs. 45 to Rs. 50 per Equity Share of Face Value of Rs. 10 each - SumTotal Advances as a Leader in Nucleus Research’s Talent Management Technology Value Matrix for a Third Consecutive Year - Visit Monaco welcomes Karan Johar to the Principality! - 18000 plus runners for 7th Indiabulls Home Loans Vasai Virar Mayor’s Marathon - PRICING OF USD 500 MILLION 3.835% FIXED RATE SENIOR UNSECURED DOLLAR GREEN BOND OF 10 YEAR TENOR BY INDIAN RAILWAY FINANCE CORPORATION LIMITED - Nation pays tribute to Dr Babasaheb R. Ambedkar on his death anniversary along with the Prime Minister and Celebrity - 2nd Global Textile Technology & Engineering Show 1st – 3rd February 2019 - White Hill Music releases brand new song ‘Nain’ from the album ‘Solo’ - Camlin brings Iconic `Flora Classic’ Pencils back - The 5th Edition of China Homelife / Machinex India 2017 inaugurated at BEC, Mumbai - Emotion with devotion needed for Khadi’s growth, says Minister Giriraj Singh - Union Bank of India ties up with RXIL (Receivable Exchange of India Ltd) as a TReDS (Trade Receivable Discounting System) Partner - CJP Uploads Online Petition Intervening For Peace in Ayodhya - The Governor of Maharashtra CH Vidyasagar Rao has expressed grief on the demise of veteran actor Shashi Kapoor - Actress-Model Daljeet Kaurr Mrs Universe 2016 introduced models from 26 cities for Mr, Miss and Mrs IAWA 2017 at Off the Grid Lounge,Mumbai - Music Launch of ‘Dr. Tatya Lahane | Angaar… Power Is Within’ A Mesmerizing Affair - Noor (Non-Interest Bearing Resident Accounts) Personal Accounts Launched By Federal Bank on Milad-E-Sherif - Latest Patented Innovation from Kaspersky Lab Helps Businesses Tackle Stealth Remote Control - VODAFONE INTRODUCES NOIDA’S FIRST FREE WI-FI ENABLED BUS SHELTER - Intersolar India, the Three Day Flagship Solar Industry Conference and Exhibition Opens on December 5 in Mumbai - Mercedes-Benz strengthens its after-sales footprint in south India, inaugurates the first luxury car workshop in Salem - Ravi Dube, Ahsaan Qureshi,Shharad Malhotra,Meghna Naidu, Iqbal Khan, Ishrat Ali, Daljit Kaur & Yogesh Lakhani came for 4th Dashnik Mumbai Press Media Award at Iskcon,Mumbai. - INAUGURATION OF AADHAR ENROLMENT-CUM-UPDATION CENTRE AT MUMBAI GPO - Hema Malini launches “ONE FOR ALL , ALL FOR ONE”, a Tribute and salute to Indian Army - Scrumptious Return of the 3rd Edition for the Abu Dhabi Food Festival from December 7 to 23 - Bollywood Actor and MP Hema Malini during announcement the Synergy, an Indo Georgian Dance fusion in Mumbai - Sourav Ganguly opens his innings in the startup world, invests in entertainment company Flickstree, India's first curated video platform that helps users create their Personal Video Magazine - AU Small Finance Bank makes strong listing gains on BSE debut - Glamour Rendezvous Diagold cuts the ribbon with Shilpa Shetty - Sadhguru felicitates the National Winners at the TRRAIN Retail Awards - L'Oréal Paris and Katrina Kaif celebrate Life in Pink by unveiling La Vie En Rose Collection - Pramod Kumar Agarwal and Colin Shah elected as the Chairman and Vice Chairman respectively of GJEPC for 2018-2020 - 15th Edition of Clean India Show To Kick-start In Mumbai On January 18, 2018

MUMBAI TO HOST INDIAS LARGEST EVER APPAREL TRADE SHOW CMAIS 63RD  NATIONAL GARMENT FAIR FROM JULY 13TH TO 15TH 2016

IMG_20160628_130423

MUMBAI,  JUNE 28, 2016 : The Clothing Manufacturers Association of India (CMAI) is organizing Indias largest Ever Apparel Trade Show  The 63RD National Garment Fair from 13TH July to 15TH  July 2015 at Bombay Exhibition Centre, NSE Complex, Goregaon (East), Mumbai.

CMAI PC 1: PHOTOLINE CMAI (The Clothing Manufacturers Association of India) announced organizing of   “ The 63RD National Garment Fair - India’s largest Ever Apparel Trade Show” to be held from 13TH July to 15TH  July 2015 at Goregaon (East), Mumbai, spraed over 5,50,000 square feet. Seen left to right, Mr. Ashok Shah, chairman –Fair Sub Committee, Mr. Rajesh Masand –Vice President, Mr. Rahul Mehta - President, Mr. PremalUdani, Mr. Jayesh Shah, and Mr. RohitMunjal. There will be 742 Stalls Displaying  812 Brands in this India’s Largest Ever Garment Fair held so far.

CMAI PC 1: PHOTOLINE
CMAI (The Clothing Manufacturers Association of India) announced organizing of “ The 63RD National Garment Fair – India’s largest Ever Apparel Trade Show” to be held from 13TH July to 15TH July 2015 at Goregaon (East), Mumbai, spraed over 5,50,000 square feet.
Seen left to right,
Mr. Ashok Shah, chairman –Fair Sub Committee, Mr. Rajesh Masand –Vice President, Mr. Rahul Mehta – President, Mr. PremalUdani, Mr. Jayesh Shah, and Mr. RohitMunjal.
There will be 742 Stalls Displaying 812 Brands in this India’s Largest Ever Garment Fair held so far.

The Association has Invited Shri Santosh Kumar Gangwar, Honble Minister of State for Textiles ( I/C), Govt of India to be the Chief Guest and Inaugurate the Fair on 13th July 2016 at 10.30 AM. and Mrs. Rashmi Verma, IAS, Secretary (Textiles)  to be the Guest of Honour at the Inauguration.

Mr. Rahul Mehta, President, The Clothing Manufacturers Association of India (who is also the Chairman of International Apparel Federation), stated that this B2B Fair will be spread over approx. 5,50,000  Square feet, covering all the Halls at the Bombay Exhibition Centre. There will be 742 Stalls Displaying  812 Brands. This will be the Indias Largest Ever Garment Fair held so far. Approx. 40,000 Retailers from all over India are expected to visit this 3 Day B2B Fair. Over 50,000 Invitation Cards Displaying the Participating Brands in Mens wear, Womens wear, Kids wear & Accessories have been sent by the Association to Retailers, Wholesalers, Agents & Distributors Inviting them to visit the 3 Day Fair.

The Business Networking Sessions will continue this year as well. There will be Three Sessions namely (1) Agents & Distributors, (2) High Street Retailers, (3) E-Commerce Companies.

CMAIS APPAREL TRAINING CENTRES
CMAI has been one of the Lead Implementing Agencies under Component II of the Integrated Skill Development Scheme (ISDS) of the Ministry of Textiles, Govt of India to Impart Training to 35,000 Trainees in the 12th Five Year Plan. CMAI has already   set up 70 Apparel Training Centers across India within 18 months.  CMAI has completed training of 17500 Trainees and 3000 Trainees are under Training. Thus, CMAI shall attain completion of Training of 35,000 Trainees by 31st March 2017.

CMAIs DOMESTIC APPAREL RETAIL INDEX

CMAI has been publishing CMAIs Domestic Apparel Retail Index to Gauge the Health of the Domestic Apparel Retail Market and provide concrete and credible information for assessing the performance of the Industry which can facilitate all the Stakeholders in taking informed business decisions. A Report on CMAIs Domestic Apparel Index for the Fourth Quarter (Jan-March 2016) has shown moderate growth of 3.79 Points and 5.32 Points for Fiscal Year (2015 -16  )                                                           
IMPORT OF WORN & USED CLOTHING INTO INDIA
Recently, the Import of Worn & Used Clothing has increased drastically specially from the Port of Mundra  Kutch, in Gujarat State.  This has been resulting in the loss of jobs in the Garment Industry in particular and the Textile Industry on the whole. CMAI has already made a Representation to the Ministry of Textiles, Govt of India for the Total Ban on Import of Old / Worn / Used Clothing into India or to be kept in the Restricted List as there is no logic of issuing new licences for Import of Worn & Used Clothing and destroying the Domestic Garment Industry. Free and Unchecked Imports clearly goes against one of the Prime Objectives of our Honble Prime Minister Shri Narendra Modis Make in India Initiative                                                                                                               

SIZE OF THE INDIAN APPAREL INDUSTRY
The Total Size of Indian Apparel Industry is estimated to be around Rs. 2,50,000 Crores for the Domestic Market. Out of this, Organized Market is Rs. 74250 Crore (30%) whereas Unorganized Market is Rs. 175,750 Crore (70%). Mr. Rahul Mehta stated that the Indian Domestic Apparel Industrys size is estimated to double within next 7 years. In the year 2015-16, Indias Garment Exports was US $16.80 Billion. It is expected to reach US$ 20 Billion during the current fiscal.

CMAI WELCOMES SPECIAL PACKAGE FOR THE GARMENT INDUSTRY

Mr. Rahul Mehta welcomed the Special Package announced by the Central Government for the Garment Industry. It will create additional Employment Opportunity and boost Exports. It will also attract Large Investment in the Garment Industry and enhance production capacity. The inclusion of State Level Taxes in the computation of Duty Drawback will provide a major relief to the exporting segment. EPF reforms will help industry as well as workers. Increasing the overtime cap will further benefit both employers and employees. Fixed time employment provision will help in seasonal adjustment in the workforce required by the unit.

Mr. Rahul Mehta further demanded aggressive follow up for Free Trade Agreement (FTA) with EU & other Countries. He also demanded inclusion of Garment Industry in the Merit List of GST.

BREXIT MAY NOT HAVE AN IMMEDIATE FALL OUT

Commenting on the recent decision of UK to leave the European Union, Mr. Mehta stated that there could be a period of uncertainty and confusion for some time, but felt that there may not be any dramatic and immediate impact on Indias Garment Exports to UK or EU. However, a lot would depend on the exact Agreements and Treaties worked out between the UK and EU, especially on the Taxation Implication on movement of Goods between the U.K & E.U.

He also felt that there could be a further delay in the signing of the FTA with EU.

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

Be the first to comment on "MUMBAI TO HOST INDIAS LARGEST EVER APPAREL TRADE SHOW CMAIS 63RD  NATIONAL GARMENT FAIR FROM JULY 13TH TO 15TH 2016"

Leave a comment

Your email address will not be published.


*