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.
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.