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India seeks new business opportunities in Latin America

India took part in the 29th edition of Colombiatex in the Colombian city of Medellin as part of its market expansion strategy in Latin America.

From amongst the 510 exhibitors present at the fair this year, 45 came from India. Accompanied by its economic advisor from the Ministry of Textiles, Babni Lal and the Chairman of the Cotton Textiles Export Promotion Council (TEXPROCIL), Ujwal Lahoti, this was the largest group ever taking part in the fair in the past four years. Colombiatex is the doorway to Latin America. Selling cotton is part of our tradition and we would like to diversify our exports. India has an integrated value chain and we would like to develop our trade relations with Latin America through our abundant supply of cotton, silk, yarn or mats", said Lal.

India seeks new business opportunities in Latin America

A growing market

Lal and Lahoti said that, as part of his government work, the Indian Prime Minister is promoting a campaign to encourage companies to manufacture their products in India: "We want to create investments. Our country already has over 1200 million inhabitants and a middle class in constant expansion. But our focus is not only on the local market but also on Eastern Asia because India is a doorway to Eastern nations like Korea, Japan and Singapore", they said.

India seeks new business opportunities in Latin America

They also added that, at over 7 percent a year, India is an extremely attractive market as it is the fastest growing major economy on the planet. “We have a very young population, half of which is under 26 years old and many of them are interested in fashion. India is the preferred destination for European brands like Mango, Zara and H&M", said Lal.

India seeks new business opportunities in Latin America

Creating new trade relations

Lahoti said that they encountered design and technology in Colombia, two good resources to make use of when working with Indian companies. Lal also emphasized the colour of Colombian products as another potential exchange element: "We have a wide range of natural dyes and Colombia imports a lot of these. They use indigo for denim and we are leading producers of this product. And as regards collaboration in terms of design mentioned by colleague, I think we could add it to colour and fashion and develop a good partnership".

India seeks new business opportunities in Latin America

The Indian representatives also showed an interest in denim: “We make denim but the product made in Colombia seems much more sophisticated, particularly its design and good quality finish. We would like to strengthen our business relations with Colombian companies and increase our knowledge of dyeing and printing. We also see potential for increased trade in this area", said Lal.

India seeks new business opportunities in Latin America

Workers explained that India needs technology and refinement for its clothing industry and both countries could learn from each other because they are not competitors. "India and Colombia export clothing and textiles but we are not competitors because we trade with the United States, Europe and Asia, whilst they sell their products on their domestic market and, on a larger scale, to South America. We make different products for different markets."

India seeks new business opportunities in Latin America

Written by: Cynthia Ijelman

Images: Inexmoda and FashionUnited

CMAI’s 64th National Garment Fair (NGF) is starting today in Mumbia. The fair will be held on January 30 and 31 at Bombay Exhibition Centre, NSE Complex, Goregaon (E), Mumbai. Giving details, Rahul Mehta, President, CMAI says despite demonetization, the 64th NGF will see over 260 stalls showcasing over 300 brands under one umbrella. Nearly 12,000 retailers are expected to visit the Fair in two days. Besides spot registration, retailers and trade visitors can also register online on www.cmai.in. The exhibitors are showcasing a wide range of men’s wear, women’s wear, kids’ wear, Ethnic wear, intimate wear, sportswear etc. showcasing their Spring-Summer 2017 collection.

CMAI is the lead implementing agencies under component II of the Integrated Skill Development Scheme (ISID) of the Ministry of Textiles, Govt of India to impart training to 35,000 trainees by March 31, this year. So far, CMAI has trained 32,145 trainees and placed 25,336 trainees in the industry as on January 27. CMAI has succeeded in persuading the Government of India to remove readymade garments, sold in loose form, from the Rules of Packaged Commodities Act. This huge step which will go a long way in increasing the ease of doing business in the apparel industry.

The total size of Indian apparel industry is estimated at Rs 2, 50,000 crores for the domestic market. Out of this, the organized market is worth Rs 74,250 crores (30 per cent) whereas the unorganized market is worth Rs 1,75,750 Crore (70 per cent). Mehta says the Indian domestic apparel industry’s size is expected to double within next seven years. In 2015-16, India’s garment export to the US was worth $16.80 billion and is expected to reach $20 billion during the current fiscal.

CHIC to take place next season without Pure Shanghai

London - CHIC Shanghai, China’s largest international and national fashion trade fair, is set to kick off it next edition in March without the presence of Pure Shanghai.

Running from March 15 to 17 at the convention centre the NECC in Shanghai, CHIC will not be hosting the Asian branch of the British fashion trade show Pure London for the first time in two years, as the trade fair organisers behind Pure have ended their partnership with CHIC. The announcement comes less than 6 months after the previous CHIC edition in October, 2016, which saw Pure Shanghai sell out of exhibitor space.

CHIC to take place next season without Pure Shanghai

Pure Shanghai ends partnership with CHIC

A spokesperson for CHIC confirms Pure Shanghai departure from the Chinese trade fair, stating Pure organisers aim to focus on the event “core business and therefore decided to give up their activities at CHIC.” FashionUnited has contacted Pure London for additional commentary concerning the end of the partnership with CHIC.

However, a number of UK brands will still be exhibiting at CHIC individually next season, thanks to support from the UKTI. British brands attending CHIC include Vendula London, Sweedom, Cabin Zero, Smart and Joy, as well as accessories brands Jianhui London and Melissa McArthur. Another area absent this season is the Dutch pavilion, due to a lack of local government support for fashion brands. However, a handful of Dutch brands are set to exhibit on their own at CHIC.

In addition, a total of 18 countries are set to return to CHIC this season. Returning international pavilions include Italy, with the pavilion La Moda Italian, France with Paris Forever, Gemrany with Made in Germany, and Turkey with Heritage. Other countries including Peru, Japan, Hong Kong and South Korea are to set return to CHIC once more with their own pavilions. In addition to the number of international pavilions, individual exhibitors are set to come in from Spain, the UK, Switzerland, Canada and Thailand.

CHIC to take place next season without Pure Shanghai

CHIC will also unveil a new area this season dedicated to Chinese footwear and handbag brands following an increase in demand for these product categories known as Shanghai bag Expo. “Aggressive store expansions will be replaced by store productivity. The focus will be set on more competence and individuality in the styles,” commented Chen Dapeng, Head of CHIC and Vice President of China National Garment Association in a statement. “The retail trade is looking for more stimuli and new directions in style setting.”

Over 100,000 trade visitors from across China and overseas are expected to attend CHIC this season, as the trade fair acts as a bridge for international brands into the Chinese consumer market. Covering more than 100,000 square meters, CHIC also acts as an information platform for brands and retailers alike concerning the latest retail developments in the Chinese market.

Photos: Courtesy of CHIC

London - Bodyfashion tradefair Interfilière has announced a brand new, flexible format for its upcoming edition in Hong Kong. Running from March 7 to 8, the body fashion's industry invite only event aims to move away from the traditional trade fair format by focusing on innovation and creativity.

The event, which is set to take place at the Wave at 4 Hing Yip Street, Kwun Tong, Hong Kong for the first time, will include a business accelerator platform, trend forums, meeting areas as well as fashion shows and networking opportunities. Interfilière Hong Kong 2017 will be overseen by the steering committee, which consists of key buyers and experts who will recommend key speakers and themes for the conferences at the event.

Using the latest innovations in technology, visitors at the trade event will be able to access all the information needed about the exhibitors and their products without having to make a single note. Devices placed across the Gallery will allows them to collect the information they need then and there, and visitors will be able to access it all from any computer whenever they need.

New spaces, such as the conference space, meeting area and the studio offer buyers and exhibitors suitable locations to launch new products, network with key buyers or share their success stories with others.

West Bengal Garment Manufacturers and Dealers Association hosting a fair

The three-day extravaganza is going to be held between January 5 & 7, 2017. “We have got 102 participants which make for more than 300 brands in totality. The fair will witness the presence of kidswear players mainly owing to the fact Kolkata is known as the hub for the garment industry. Over 500 wholesalers from different parts of the country have confirmed their presence in the fair. The event is core B2B fair wherein we are expecting big retailers, prominent wholesalers, distributors and agents on a pan-India basis. In three days, we are anticipating about 1500 visitors. We are expecting people from Delhi, Mumbai, Lakhnow, Amravati, Indore, Patna, Assam, etc.,” elaborated Vijay kariwala, VP, West Bengal Garment Manufacturers and Dealers Association.

Performance of the previous editions

Talking about the performance of previous editions, Kariwala, highlighted, “We are conducting this fair for over 40 years. This is the 43rd edition of this fair. We organise this event every year. This time the fair is little delayed due to demonetisation. The response for the previous editions has been phenomenal. People want to be with us, we have 80 per cent repeated participants for the upcoming event. The last fair had 92 participants with us. This time numbers have certainly gone up. A majority of players are based out of Kolkata. This fair is kind of buyer-seller meet in which they choose collection for spring/summer 2017.”

This is one of the best platforms for buyers, retailers and wholesalers in the region. It is organised on a pan-India level to offer many opportunities to stakeholders. The graph of popularity is increasing. A good deal of business is expected this time. The venue is centrally located as it is in the heart of the city.

Highlighting reasons for selecting a hotel over an exhibition ground, he said, “We have tried both the platforms. Some of previous editions have been organised in exhibition grounds too, but our participants find it more appealing to have a hotel as a value, the reason being, you can run your stall to any time of the day or night. There are no certain hours or time during which participants and visitors can run their show. So, for us the venue is a matter of choice for us. Earlier we conducted the fair in Netaji indoor stadium spanning 20,000 sq feet area. For the last couple of years, our participants are preferring to put their stalls in hotel. We take suggestions first and take steps accordingly.” The future is very bright for the garment industry in Kolkata, especially for the kidswear segment.

The demonetisation impact

According to Kariwala, the fair was planned earlier between December 2 and 4, 2016, but taking demonetisation into account, it was postponed to newer dates. “Everybody is facing issues but normalcy has also come over the time. We hope that retailers and visitors will overcome it somehow and they are already doing it. Our optimism has not come down. Moreover, we believe, visitors and participants are fully aware of future growth prospects and the benefits they can reap by associating with this fair,” he remarked.

EuroShop: world's largest trade fair soon in India

EuroShop Düsseldorf, the leading international trade fair for all investment needs in the retail sector, is entering the Indian market. For this purpose, Messe Düsseldorf and Thought Shows & Events Pvt Ltd., organiser of In-store Asia, India's largest trade fair for retail design and in-store marketing, signed a long-term cooperation deal on 23rd November in New Delhi. The two partners also formed a new company with equal participation called Excosa.

In August this year, exhibitors already had the opportunity to participate in In-store Asia under the “Mall of Europe powered by EuroShop” umbrella. From February 2018 on, it is planned to organise In-Store Asia annually and alternatingly in New Delhi and Mumbai. Messe Düsseldorf is certainly no stranger to the country, having had its own subsidiary, Messe Düsseldorf India Ltd. with headquarters in New Delhi and a branch office in Mumbai for years now.

“In-store Asia now joins the family of EuroShop, that has been the undisputed leader in this domain for the last five decades. This was the best option to broaden the horizon for the growing In-store clientele to enable new global opportunities in trade, partnerships, new technologies and reaching new markets in this domain. The timing is also perfect considering the healthy growth rate of the Indian Retail Market which has made it a top location for international investments from global brands and retailers,” commented Vasant Jante, In-store Asia's founder and managing director.

For EuroShop Düsseldorf, the cooperation with the Indian trade fair is an ideal way to tap into India’s national retail scene, which is estimated to grow to 4.3 million square metres of retail are in India’s seven biggest cities alone in the next five years. With a volume of 500 billion US dollars, the Indian retail market is certainly attractive for international investors and remains one of the fastest growing ones worldwide.

“We met Mr. Jante during a EuroShop presentation in India in 2013. Then in 2015, we experienced In-store Asia live for the first time, and we were really impressed with the fair. More than 5,000 decision-makers from the industry, retail, architecture and banking sectors visit the event, and its offerings range from retail design, lighting, digital signage to POP displays and visual merchandising, as well as retail technology. From our very first meeting, we saw Mr. Jante as a reliable partner, and we are excited to embark on this new collective journey. Excosa will enable us to gain a foothold in a highly exciting, aspiring retail market,” confirmed Hans Werner Reinhard, managing director of Messe Düsseldorf.

Image: EuroShop
DenimsandJeans returns to Vietnam

After the success of the first edition in June 2016, which brought together dozens of exhibitors and hundreds of visitors, the international denim exhibition Denimsandjeans will return to Vietnam. The second edition will be held on June 7 and 8 at the Gem Center in Ho Chi Minh City and will feature the theme 'Street Style'.

Expected are again leading denim, jeans and fabric companies as well as chemical, accessory and other suppliers of the denim supply chain. Over 50 international companies are expected from Vietnam, China, Indonesia, Hong Kong, India, Pakistan, Bangladesh, Brazil, Italy, Switzerland, Japan, Thailand and Taiwan as well as around 1,000 trade visitors.

"Vietnam is one of the fastest growing denim destinations globally and through our denim shows, we enable the International Denim Industry to see the immense potential of this important denim sourcing location", said Sandeep Agarwal, founder of Denimsandjeans.com.

Vietnam is currently the fourth largest apparel exporter after China, Bangladesh and Hong Kong -but likely to surpass China at some point - and the country's apparel industry consists of around 4,000 garment factories employing about 2.5 million workers. New garment hubs like Thua Thien Hue are promising. In 2015, Vietnam's export volume for apparel and textiles reached 27 billion US dollars and is expected to reach 30 billion US dollars in 2016. Denim is an important segment and is taking up an increasingly larger export share.

DenimsandJeans returns to Vietnam

The Denimsandjeans.com website was set up in 2007 by Sandeep Aggarwal to provide trends, analyses and reports on an almost daily basis for the denim industry worldwide. The first Denimsandjeans exhibition took place in March of 2014 in Dhaka, followed by the second one in October of the same year in Dhaka. The Bangladesh shows then became an annual events, followed by the first edition in June of this year in Vietnam. Denimsandjeans.com has also launched De-Brands, the first online denim show, that brings buyers and suppliers together online at their portal.

Images:Denimsandjeans.com
IAF WFC: Indian denim sector to become 8-billion-dollar industry

At the just concluded 32nd IAF World Fashion Convention 2016, which took place on September 27-28 at the Trident Nariman Point hotel in Mumbai, India, particular emphasis was placed on the denim market, as it underwent a revolution in the country from the '80s and '90s onwards and has not looked back since: It currently is a 4.5-billion-dollar industry, which has been growing at 15 percent annually for the last five years. Now, experts are predicting that it will grow to more than 8.1 billion US dollars by 2023.

"The denim revolution started in India in the '80s and '90s, which gradually shifted to lifestyle and more so fashion of late. With 7.4 percent of India's GDP growth and a per capita income of 1,362 US dollars, India continues to be one of the largest producers of denim in the world," said Deval Shah, Reliance Brands' business head - Diesel & GAS, at Thursday's session on "New Opportunities in Denim".

India is benefiting from cheap prices and high denim demand

He pointed to Bangladesh as a key partner for denim: "With the emergence of denim demand from Bangladesh to which India exports a huge quantity, Indian businesses have doubled their installed capacity of denim to 1.3 billion meters per annum over the last five years, with an estimated investment of 60 crore rupees [9 million US dollars] per million meters," added Shah.

But while the number of denim manufacturers has almost doubled from 25 five years ago to currently 42, excess production capacity leads to 30 percent of this capacity remaining idle. For some, decreasing the already cheap price of jeans further would be a solution.

"India is selling the cheapest pair of jeans, which is available nowhere in the world. If we bring down the price of jeans to 10 US dollar a piece as is currently prevailing in the US, India's denim demand would increase, resulting in an increase of this sector's growth at 20 percent per annum," pointed out Subir Mukherjee, business head for denim at Bhaskar Industries. Manjula Tiwari, CEO of Future Style Lab, added that "brands are getting disturbed due to a rapid change in fashion and technology".

This was the outcome of Thursday's session on "New Opportunies in Denim", a panel discussion moderated by Harminder Sahni, managing director at Wazir Advisors. Other speakers included GAS Jeans founder Claudio Grotto; Anurag Asthana, vice president (PD & sourcing) Myntra Designs and Sanjay Vakharia, director at Spykar.

World Fashion Convention focused on sourcing, retail, technology and branding

The two-day International Apparel Fashion (IAF) event was organised jointly by the Clothing Manufacturers' Association of India (CMAI) and the Union Ministry of Textiles and the Union Ministry of Commerce. It attracted more than 500 participants, among them 250 Indian apparel and denim brands and manufacturers and industry representatives from about 20 countries across the world.

Other sessions discussed new opportunities in sourcing, retailing, technology and branding. "E-retailing is going to be the next growth opportunity in the Indian textiles and apparel sector in the next few years", stated Aniruddha Deshmukh, managing director and CEO of Mafatlal Industries Ltd when speaking on the significance of online retail for the apparel market.

In terms of trade, Francesco Marchi, director general of EURATEX, highlighted the need to initiate a dialogue on the free trade agreement (FTA) between India and the European Union and the United States, especially in view of the UK pulling out of the EU: "The Indian government should start negotiations for the FTA with the EU and the UK for the benefit of the Indian apparel sector. It is hard to imagine the success of the FTA without the UK, post Brexit. UK continues to be a textiles manufacturing hub, contributing 29 percent of the entire apparel trade in the EU. Twenty-two percent of India's exports to the EU goes through UK," he advised.

The Clothing Manufacturers' Association of India (CMAI) also signed a memorandum of understanding with the China Chamber of Commerce for the Import and Export of Textiles (CCCT) to explore potential areas of mutual cooperation for increasing apparel exports from India and to make use of any market share not utilised by Chinese apparel manufacturers.

The 33rd IAF World Fashion Convention will take place in Rio De Janeiro, Brazil, on October 17th and 18th, 2017.

Photo: Jörg Brinckheger / pixelio.de

The World Fashion Convention will be held in Mumbai on September 27 and 28, 2016. The two-day seminar being hosted by the International Apparel Federation (IAF) and the Clothing Manufacturers Association of India (CMAI) is expected to bring together leading industry stakeholders across the value chain to deliberate and present insights into various opportunity areas – covering the entire spectrum from manufacturing to technology to branding and retailing.

Insights into the fast growing Indian domestic market by top Indian players will give delegates a good understanding of how to capitalize on growth opportunities in this complex emerging market. The convention's speakers cast will again form a strong combination of Indian and international industry leaders from brands, retailers, manufacturers, academia and suppliers to the industry.

India has one of the world's fastest growing economies and is being watched by international brands, retailers and manufacturers. India stands out for the size of its domestic market, for its enviable growth rate, for its deep rooted own design tradition. The convention has as one of its main goals of connecting local fashion industry of the host country to the global fashion industry network.

World Fashion Conventions are known for their prominent and high quality speakers. Past speakers include top executives from Hugo Boss, H&M, Inditex, G-Star, Tommy Hilfiger, Zegna and Benetton.

Siyaram Silk Mills’ apparel division organises retailer meet

The apparel division of Siyaram Silk Mills, India’s leading textile manufacturing company recently organised an All India Retailer Meet 2016 at Sahara Star, Mumbai. The event was primarily hosted to facilitate Siyaram’s family bond by gathering their channel partners and providing them a refreshing break from their routine activities.

The meet saw the participation of around 1,000 dealers and channel partners of Oxemberg and J. Hampstead apparel brands. The participants were delighted to see the Spring/Summer 2017 Collection. Club wear collection for Oxemberg was also launched at the meet and was the star attraction of the night. The scintillating collection of Club wear fashion shirts is a range designed by creatively talented designers by exploring trends from around the world. Fine fabrics, trendsetting designs and a slim structured fit make this collection a complete rock star. The shirts are adorned with stylish, hand-picked buttons, crisp cuffs & broad collars. These fabulous pieces are available in popular designs like Dobby, Jacqured, Poplin & Chambray.

Siyaram's chairman and managing director, Ramesh Poddar said the meet had given them a platform to appreciate all their dealers and channel partners who played a valuable role in the overall growth of the company. It was through their efforts that the Mills’ brands have been able to enhance their presence across the country.