CMAI’S 67th Na­tional Gar­ment Fair: The Mega Con­ven­tion

Show­cas­ing 916 ex­hibitors, 986 stalls dis­play­ing about 1087 brands of men’s wear, women’s wear, kidswear and ac­ces­sories, the 67th Na­tional Gar­ment Fair held in Mum­bai was In­dia’s largest ever gar­ment buyer-seller fair held so far in his­tory.

Business of Fashion - - Contents -

Show­cas­ing 916 ex­hibitors and

986 stalls dis­play­ing about 1087 brands of men’s wear, women’s wear, kidswear and ac­ces­sories, the 67th Na­tional Gar­ment Fair held in Mum­bai was In­dia’s largest ever gar­ment buyer-seller fair held so far in his­tory.

The Cloth­ing Man­u­fac­tur­ers As­so­ci­a­tion of In­dia (CMAI) rolled out the 67th edi­tion of The Na­tional Gar­ment Fair from 16th July to 19th July 2018 at the Bom­bay Ex­hi­bi­tion Cen­tre, NSE Com­plex, Gore­gaon (East), Mum­bai. Touted to be one of the most prodi­gious con­vo­ca­tions of the ap­parel in­dus­try in Inda, the 2018 edi­tion was in­au­gu­rated by Chief Guest Kishore Biyani, Group CEO, Fu­ture Group.

Spread across an ap­prox­i­mately 6,50,000 sq.ft., area, cov­er­ing all the halls at the Bom­bay Ex­hi­bi­tion Cen­tre, the B2B event was home to 916 ex­hibitors and 986 stalls dis­play­ing about 1087 brands across men’s wear, women’s wear, kidswear and ac­ces­sories. The 2018 edi­tion will go down in his­tory as In­dia’s largest ever gar­ment fair held so far.

For the first time, the July Edi­tion of the Na­tional Gar­ment Fair has been a ‘No Dec­o­ra­tion Fair’. This B2B Fair was open only to trade vis­i­tors and gar­ment re­tail­ers. The busi­ness net­work­ing ses­sions be­tween the ex­hibitors and agents and dis­trib­u­tors, high street re­tail­ers, na­tional chain stores and e-commerce com­pa­nies was also one of the key feature.

In­dian Ap­parel Mar­ket

Ac­cord­ing to Rahul Mehta, President, CMAI, In­dia’s do­mes­tic ap­parel mar­ket was es­ti­mated at USD 67 bil­lion in 2017 which had grown at a CAGR of 10 per­cent since

2005. In­dian do­mes­tic mar­ket had per­formed bet­ter than the largest con­sump­tion re­gions like the US, EU and Ja­pan, where de­pressed eco­nomic con­di­tions led to lower de­mand and growth. Due to pres­ence of strong fun­da­men­tals, the do­mes­tic ap­parel mar­ket size of In­dia was ex­pected to grow at 11-12 per­cent CAGR and reach about USD 160 bil­lion by 2025.

The do­mes­tic mar­ket size is dom­i­nated by ready-to-wear cat­e­gory, mar­ket size ~USD 56 bil­lion, with 84 per­cent share

which is fur­ther grow­ing at a CAGR of 10 to 11 per­cent. The ready-to-stitch mar­ket is also gain­ing mo­men­tum as more and more men who have been buy­ing pre­mium or lux­ury ready­made cloth­ing brands want to wear a shirt or a trouser that fits them per­fectly. The ready-to-stitch mar­ket cur­rently at USD 11 bil­lion is ex­pected to grow at a CAGR of 7 per­cent and reach about USD 20 bil­lion in 2025.

Re­cent Plas­tic Ban in Ma­ha­rash­tra

On the re­cent plas­tic ban an­nounced by the Gov­ern­ment of Ma­ha­rash­tra, Mehta wel­comed the clar­i­fi­ca­tion is­sued by the en­vi­ron­ment depart­ment al­low­ing the use of PP bags for wrap­ping the gar­ments at the man­u­fac­tur­ing stage un­der a mech­a­nism for the col­lec­tion of the used PP bags through a buy-back mech­a­nism and en­sure the re­cy­cling and fi­nal dis­posal of the col­lected PP bags.

Mehta once again re­it­er­ated CMAI’s com­mit­ment, as a re­spon­si­ble or­ga­ni­za­tion, to pro­tect the en­vi­ron­ment and as­sured that their mem­bers will work hand in hand with the state gov­ern­ment and lo­cal au­thor­i­ties and en­sure that all used PP/ plas­tic bags are re­spon­si­bly re­cy­cled and dis­posed off.

De­cline in Gar­ment Ex­ports

Pre­mal Udani, Chair­man-Board of Trustees, CMAI stated that ap­parel ex­ports had taken a beat­ing from Oc­to­ber 2017 on­wards. The in­tro­duc­tion of GST had re­sulted in non-re­fund of sev­eral em­bed­ded taxes. Con­se­quently ap­parel ex­ports for the fi­nan­cial year 2017-18 de­clined by 4 per­cent to USD 16.7 bil­lion from 17.38 bil­lion in the pre­vi­ous year.

The down­turn con­tin­ues in FY 2018-19 with a month on month de­cline of 10 per­cent. The Gov­ern­ment has seen this mat­ter and has as­sured that em­bed­ded taxes will be re­funded through the draw­back route.

First Ap­parel Train­ing Cen­ter at As­meeta Texpa, Bhi­wandi

CMAI is set­ting up their first ap­parel train­ing cen­tre, spread over 8,000 sq. feet, at As­mee­taT­expa, Kalyan Bhi­wandi In­dus­trial Area. The cen­tre shall be op­er­a­tional by the end of this year. This full-fledged train­ing cen­tre shall of­fer cour­ses for sewing ma­chine op­er­a­tors - ba­sic and ad­vanced, su­per­vi­sors, qual­ity check­ers and fin­ish­ers and pack­ers and will train up to 4,000 trainees per year.

A Tri­par­tite Mem­o­ran­dum of Un­der­stand­ing be­tween Gov­ern­ment of Gu­jarat, GIDC and CMAI was signed on 10th July 2018 where

CMAI shall dis­sem­i­nate in­for­ma­tion amongst its mem­bers pro­mot­ing Gu­jarat as a des­ti­na­tion for in­vest­ments.

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