Do­mes­tic Gar­ment Trade Fair show from 5-7 Oc­to­ber in Tirupur

Apparel Online - - Industry Live -

Grow­ing or­gan­ised do­mes­tic ap­parel re­tail mar­ket is mo­ti­vat­ing ap­parel ex­porters and their as­so­ci­a­tions to en­ter into this seg­ment. To grab the op­por­tu­nity in this sec­tor, In­dia Knit Fair As­so­ci­a­tion (IKFA) and Knit Ex­press (Nu­gar­vour Ex­press), Tirupur have come up with their Do­mes­tic Gar­ment Trade Fair which is sched­uled to take place from 5-7 Oc­to­ber in Tirupur. It is worth men­tion­ing here that

IKFA is al­ready or­gan­is­ing In­dia In­ter­na­tional Knit Fair (IIKF) from decades to pro­mote ap­parel ex­port at the global level. This is the first ef­fort of the as­so­ci­a­tion with a fo­cus on do­mes­tic mar­ket.

Dr. A. Sak­thivel, Chair­man, IKFA in­formed, “Al­most 33 per cent of Tirupur’s knitwear pro­duc­tion and about 20 per cent of its wo­ven-gar­ment pro­duc­tion, both by vol­ume, en­ter ex­port mar­ket. Over­all, about 25 to 30 per cent of the vol­ume of its gar­ment pro­duc­tion goes into ex­port mar­kets, leav­ing 75 per cent for do­mes­tic con­sump­tion. As chal­lenges are in­creas­ing at the global level for ap­parel ex­porters, In­dia has had to adopt in­no­va­tive prac­tices as a labour-ori­ented in­dus­try; the ac­tiv­ity in pro­duc­tion and mar­ket­ing has now shifted to do­mes­tic mar­kets (re­tail trade). In­dia has oc­cu­pied a re­mark­able po­si­tion in global re­tail rank­ings, the coun­try has high mar­ket po­ten­tial, low eco­nomic risk, and mod­er­ate other risks.”

The var­i­ous lo­cal as­so­ci­a­tions like SIMA, KNITMA, TEAMA, TEXPA, TIF, TEMATA, TMMSMA, TEXVALLEY & TEA, Tirupur Com­pact­ing As­so­ci­a­tion, Tirupur Em­broi­dery As­so­ci­a­tion, Dy­ers As­so­ci­a­tion are also sup­port­ing the event.

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