CMAI ORGANIZES THE 69th NATIONAL GARMENT FAIR 2019
INDIA’S LARGEST APPAREL B2B TRADE SHOW TO BE HELD
IN MUMBAI: CMAI’S 69th NATIONAL GARMENT FAIR FROM JULY 15th to
18th JULY 2019
FIRST TIME IN HISTORY, 1062 BRANDS, 882 EXHIBITORS
TO SHOWCASE THEIR LATEST FESTIVE COLLECTIONS ALL UNDER ONE ROOF
by Shrutee K/DNS
The Clothing
Manufacturers Association of India (CMAI) is organizing “India’s
Largest Apparel Trade Show – The 69th National Garment
Fair” from 15TH July to 18th July
2019 at Bombay Exhibition Centre, NSE Complex, Goregaon (East), Mumbai. The Association
has Invited the Hon’ble Chief Minister of Maharashtra, Shri Devendra Fadnavis,
to Inaugurate the Fair on Monday, 15th July 2019 at 11.00
A.M. A Confirmation is awaited from the Chief Minister’s Office.
Mr. Rahul Mehta,
President, The Clothing Manufacturers Association of India (Ex-Chairman,
International Apparel Federation), stated that this B2B Fair will be spread
over Approx. 7,00,000 Square Feet, covering all the Halls at the Bombay
Exhibition Centre, with 882 Exhibitors showcasing 1062 Brands. This will
be India’s Largest Ever Garment Fair held so far. The Fair will display
leading Brands in Men’s wear, Women’s wear, Kid’s wear and Accessories. CMAI
will also publish the ‘Show Directory’, popularly known as the Fair Guide.
Approximately 50,000 Retailers & Trade Visitors from all over India are
expected to visit this Fair.
The 69th National
Garment Fair will be held over 4 Days . The Fair timing will be from 10 AM to 9
PM. This B2B Fair will be open only to Trade Visitors & Garment
Retailers. The Business Networking Sessions between the Exhibitors and Agents
& Distributors, will also continue this year.
The total size
of Indian Apparel Industry was estimated to be around Rs. 2,50,000 Crore for
the Domestic Market. Out of this, Organized Market was Rs. 74250 Crore (30%),
whereas Unorganized Market was Rs175,750 Crore (70%).
The provisions
of the recent Budget announced by the Government especially those pertaining to
additional support for the MSME Sector, interest subvention, additional Credit
flow, and increased Turn Over cap for the Corporate Tax of 25% -
should provide a boost for Domestic Manufacturers. However, the decision
to relax norms of Local Sourcing for Single Brand Retail will have a negative
impact on domestic manufacturing. FDI into this segment may however go up as a
result of this move.
Mr. Rahul Mehta, President ,CMAI stated that the
regime of GST completed 2 Years, and CMAI thanks the Government and in
particular the GST Council for its responsive and supportive approach to
all the suggestions of the Industry during this period. The Industry has
more or less settled down with the new regime, and the only major request
continues to be our proposal to have a single uniform tax rate of 5% across the
Textile Value Chain, irrespective of the product or process.
The biggest problem facing the Domestic Garment
manufacturers today is the unrestricted Duty Free imports from Bangladesh, and
the back door entry of Chinese Fabrics via Bangladesh.
India has an FTA with Bangladesh, whereby Garments
can be exported without any payment of Duty in to India. In the absence of any
Rules of Origin, Bangladesh manufacturers are importing duty free fabrics from
China, converting them in to Garments, and exporting in to India – thereby
virtually providing duty free access to Indian markets for Chinese Fabrics.
It is important to note that Imports of Garments
from Bangladesh has been growing at the rate of 82% over last year, and 161%
over 2016-17, and has now reached US$365 million. IF THIS CONTINUES, AND OUR
FORECAST IS THAT IT WILL ONLY GROW FASTER, IMPORTS OF GARMENTS FORM BANGLADESH
WILL TOUCH US$3.6 BILLION BY 2024-25.
Ironically, exports of Garments from India into
Bangladesh is subject to a net duty of almost 125%.
CMAI has urged the Government to act immediately on
this as if this growth of imports continue, the Industry is set to lose 10 lakh
jobs by 2025.
EXPORTS
Exports of Readymade Garments is of immense significance to the Economy of
the Nation. India’s Textiles & Clothing Exports declined from $ 38.60
Billion in 2014 to $ 37.12 Billion in 2018, while Imports increased from $ 5.85
Billion to $ 7.31 Billion during the same Period. India
slipped to the 5th position amongst Garment &Textile
Exports in 2018 from the 2nd position it enjoyed during the
2014 -17 Period.
Apparel Exports took a hit with the introduction of GST in July 2017, as
Duty Drawback Rates were sharply Reduced. The Industry took some time to adjust
to the New regime. Consequently, for the 1st time in its
history, the Industry posted Negative Growth Year on Year. FY 17-18
total Exports were 16.7 billion Dollars which Reduced to US$ 16.1 billion
Dollars in 18-19 recording a net drop of approx. 3.5% in Dollar
terms. However, the heartening part was that from October 2018, there has
been a recovery and Exports have steadily Increased since then.
I am happy to Report that, even for the first two months of FY 19-20, there
is a Growth Month on month of Approx. 9% over the Previous Year. In a large
measure, the revival in Apparel Exports is due to the proactive support from
the Government which Recognizes the huge Employment potential of the Industry
and has ensured all support.
Mr. Rahul Mehta further stated “ I feel that we are finally turning the
corner after stagnancy or de-growth. China is continuing to move out
of the labour intensive and low value industries, Bangladesh is becoming
increasingly expensive – though it is still cheaper than India,
Vietnam is showing signs of reaching the peak of its Capacity, and emerging
sourcing zones such as Myanmar and Africa have not yet made significant
progress. All these factors, along with increased support from the
Government, are helping India’s exports to look up after several years.
Some of the recent Reforms including Reduction in Cost delivered by a Refund
of the Central & State Taxes, new Benefits under the Merchandise Exports
from India Scheme (MEIS) and Renewed 2% Duty Drawback made the Industry more
Competitive.
This Fair is
brought to you by UDAAN , India’s leading B2B e-commerce
platform having the Largest Distribution Network for Retailers, Wholesalers,
Brands and Manufacturers across multiple Categories. Udaan’s Marketplace
services include Credit, Logistics, Marketing & Sales support to Buyers and
Sellers on its Platform, facilitating efficient and convenient transactions
across the Country. Through a seamless process, it enables the Buyer to
select a Product ,Place an Order with Sellers who pack it and dispatch it
through Udaan’s Logistics Network. Within the Clothing and Fashion Category, over 3
Lakh Retailers across 900+ Cities access the Platform for over 11 Lakh Product
listings. Over 80 Thousand active Credit lines brings reach and scale to
Customers. The Objective is to enable Transparency, Accessibility,
Affordability and National Reach.
ABOUT CMAI: The Clothing Manufacturers Association Of India (CMAI) is the Pioneer and
most Representative Association of the Indian Apparel Industry for over Four
Decades. It has a Membership base of over 20,000 Companies, including Readymade
Garment Manufacturers, Exporters, Retailers and Ancillary Industry. With its
headquarter in Mumbai, CMAI also has Branches in New Delhi, Bangalore and Pune.
After
successfully completing Training of nearly 43,000 workmen in the last 3 years,
CMAI has been again requested by the Ministry of Textiles to actively participate
in the SAMARTH scheme, and it is likely to accept a target of 30,000 additional
workmen training in the coming 3 years.
CMAI has recently moved its Headquarter to a more Centrally located
spacious Office in order to provide all Services under One Roof. New Office is
situated at A -901, Naman Midtown, Senapati Bapat Marg, Prabhadevi (West),
Mumbai 400 013.
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