Mr. Bill Gates acknowledges Hester for developing a Newcastle Disease Vaccine - 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 - Prime Minister inaugurates Dr. Ambedkar International Centre - 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 - 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 - 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 - 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 - Bollywood Actor and MP Hema Malini during announcement the Synergy, an Indo Georgian Dance fusion in Mumbai - Glamour Rendezvous Diagold cuts the ribbon with Shilpa Shetty - Moneycontrol hosts a special ground event ‘India’s Road Ahead’ - GUJARAT ELECTIONS STARTS TODAY - Yogacharya Amit Dev transcends Mahaprabhu Ji’s Yoga to Russia

CMAI’S 65th NATIONAL GARMENT FAIR TO FLAG OFF FROM JULY 10th to 12th JULY 2017 – LARGEST EVER IN MUMBAI

 CMAI Press Conf. PHOTOLINE: The Clothing Manufacturers Association of India (CMAI) organized a “Press Conference”for a briefing on the anticipated impact of GST on the Developments &Growth of the Indian Garment Industry &to appraise on India’s Largest Apparel Trade Show – “65th National Garment Fair”, to be held in Mumbai from 10th July to 12th July 2017 at Bombay Exhibition Centre, NSE Complex, Goregaon (E), Mumbai 400 063. During the CMAI Press Conference held on 27th June 2017 at Mumbai, seen from left to right, Mr. Rohit Munjal, Jt. Chairman, -Fair Sub Committee, Mr. Ashok Shah, Chairman – Fair Sub Committee, Mr. Rahul Mehta, President, Mr. Premal Udani, Chairman –Board of Trustees, Mr. Rajesh Masand, Vice President and Mr. Jayesh Shah, Jt. Hon. Secretary.- Photo By Sachin Murdeshwar GPN NETWORK


CMAI Press Conf. PHOTOLINE:
The Clothing Manufacturers Association of India (CMAI) organized a “Press Conference”for a briefing on the anticipated impact of GST on the Developments &Growth of the Indian Garment Industry &to appraise on India’s Largest Apparel Trade Show – “65th National Garment Fair”, to be held in Mumbai from 10th July to 12th July 2017 at Bombay Exhibition Centre, NSE Complex, Goregaon (E), Mumbai 400 063.
During the CMAI Press Conference held on 27th June 2017 at Mumbai, seen from left to right,
Mr. Rohit Munjal, Jt. Chairman, -Fair Sub Committee, Mr. Ashok Shah, Chairman – Fair Sub Committee,
Mr. Rahul Mehta, President, Mr. Premal Udani, Chairman –Board of Trustees, Mr. Rajesh Masand, Vice President and Mr. Jayesh Shah, Jt. Hon. Secretary.- Photo By Sachin Murdeshwar GPN NETWORK

MUMBAI,  27 JUNE,  2017 (GPN) : The Clothing Manufacturers Association of India (CMAI) is organizing “India’s Largest  Apparel Trade Show – The 65thNational Garment Fair” from 10th July to 12th   July 2017  at Bombay Exhibition Centre, NSE Complex, Goregaon (East), Mumbai.
The 65th National Garment Fair is being brought to you by “Bhumiworld Industrial Park” – A Fastest Developing Integrated Industrial Hub in Bhiwandi providing Support to the Garment Industry to help them grow their Manufacturing Activities in Maharashtra.

The Association has Invited Smt. SmritiIrani, Hon’ble Minister of State for Textiles, Govt of India to be the Chief Guest and Inaugurate the Fair and ShriAnant Kumar Singh, IAS, Secretary (Textiles) as Guest of Honour on 10th July 2017 at 10.30 AM.

Mr. Rahul Mehta, President, The Clothing Manufacturers Association of India, stated that this B2B Fair will be spread over Approx. 6 Lakh Square Feet, covering all the Halls at the Bombay Exhibition Centre. There will be 881 Stalls Displaying 1005 Brands by 822 Exhibitors. This will be India’s Largest Ever Garment Fair held so far. Approx. 50,000 Retailers from all over India are expected to Visit this 3 Day B2B Fair. Over One Lakh Invitation Cards displaying the Participating Brands in Men’s wear, Women’s wear, Kid’s wear and 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 comprising of (1) Agents & Distributors, (2) High Street Retailers, (3) National Chain Stores & E-Commerce Companies.

 Garment Industry Welcomes GST

 Whilst welcoming the Goods & Service Tax (GST), Mr. Rahul Mehta stated that there could be some confusion & uncertainty for initial 2 -3 Months for Manufacturers and Dealers. However, in the long run, it will be Beneficial to the Garment Industry.

 CMAI is grateful to the Government for having by and large accepting most of the Recommendations of CMAI, and keeping a majority of the Industry under the 5% GST Slab. Although there is some concern among Fabric Manufacturers for the 5% Duty where as under the earlier dispensation, this will enable Garment manufacturers to claim ITC against embedded Taxes. The Government has also accepted CMAI’s request to Reduce the GST applicable on Job Work from 18% to 5%, but unfortunately

this has been done only up to the Fabric stage. Job working in Garmenting still attracts 18% GST. THIS WILL BE A MAJOR BLOW TO THE SMALLER MANUFACTURERS, MOST OF WHOM FOLLOW THE JOB WORK BASIS OF MANUFACTURING. CMAI has again requested the Government to Reconsider this obvious anomaly and Reduce GST on Job working at the Garment stage also to 5%.                                                                                                                                     ‘ADHIGAM’ GST Software

 CMAI, in association with Tata Consultancy Services (TCS) and Shah Chambers, has Developed ‘ADHIGAM’ Software for Textiles & Garment Manufacturers, Traders & Retailers to prepare them for GST Compliance. This Software automatically converts regular Invoices to GST Compliant invoices, sends Reminders to Vendors or Suppliers who have not paid Tax at any stage in Textile Value Chain. A manufacturer knows which Vendor in the Value Chain has not paid the Tax and hence he can guide the Vendor to pay the Tax.

 CMAI’s Apparel Training Centers

 CMAI was 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 Established 85 Apparel Training Centers across India and successfully fulfilled the target. Now, the Govt. has assigned CMAI to additionally Train 3000 Trainees, which is under execution. CMAI is looking forward to continue this work as Lead Agency under the New Policy.

 CMAI has acquired 10,000 sq. feet Space in Asmeeta Apparel Park situated on Kalyan –Bhiwandi Road. CMAI plans to set up a State of the Art Training Center with a Capacity to Train 1500 Workers per year.

 CMAI Pavillion at TEXTILES INDIA 2017

 Mr Mehta also stated that CMAI has been Invited to Showcase the Indian Brands & Retail at Textiles India 2017 which is being organized by the Ministry of Textiles, Govt of India and will be held from 30th June 2017 to 2nd July 2017 at Gandhinagar, Gujarat.

 A “CMAI Pavillion” showcasing 15 Leading Indian Brands & Retailers will be Located in Hall 12 at Helipad Exhibition Centre, Gandhinagar, Gujarat.

 Textiles India 2017 will be Inaugurated by the Hon’ble Prime Minister ShriNarendraModi on 30th June 2017.

Market Scenario

 Local Garment market was disturbed due to the Demonetization and GST. This turmoil is expected to continue for next 2-3 Months due to GST. However, with the Commencement of GST from 1st July 2017 and due to Good Monsoon forecast, Market conditions are expected to Improve from Diwali.

 On the Export front, due to the World Recession and Heavy Completion from China, Bangladesh and Vietnam, India could not fulfill the Export Target for the year 2016 -17. However, there has been a Growth in Export to the tune of 13% in Dollar terms, in the last 5-6 months. This has been mainly due to the favorable Special Apparel Package Announced in July 2016.  Now, new Foreign Trade Policy in on anvil and will be Announced on 29thJune 2017. Under the new Exim Policy, it is feared that all Exemptions & Incentives like Duty Drawback etc. will come to an end. So CMAI requests the Govt. to continue old provisions along with GST Rates, at least for a Period of 6 Months.ENDS.

 

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 "CMAI’S 65th NATIONAL GARMENT FAIR TO FLAG OFF FROM JULY 10th to 12th JULY 2017 – LARGEST EVER IN MUMBAI"

Leave a comment

Your email address will not be published.


*