CMAI news and archive

Higher tax on apparel in India puts pressure on domestic and foreign fashion brands

Based on a Reuters report, global fashion brands are concerned about a new tax reform in India that will increase taxes on apparel priced above Rs 2,500 (approximately 29 dollars). The reform, considered the biggest tax overhaul in eight years by Prime Minister Narendra Modi's government, will cut the Goods and Services Tax (GST) to 5 percent on...

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CMAI warns against GST hike on garments, citing industry impact

The Clothing Manufacturers Association of India (CMAI) has issued a stern warning against a proposed government plan to increase the Goods and Services Tax (GST) on garments priced above Rs 2,500 from 12 percent to 18 percent. CMAI argues that this measure would be a "death-knell" for the industry, which is already grappling with weak domestic...

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Greenwashing: BRC boss warns retailers could pull back on eco-friendly practices

Helen Dickinson, the chief executive of the British Retail Consortium (BRC), has warned that a stricter approach to enforcing greenwashing regulations could cause retailers to take a step back with sustainability. Speaking to The Times, Dickinson said that there was “a real risk [retailers] will pull back and not feel confident to shout about...

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CMAI survey: 77 percent of Indian clothing manufacturers disappointed with poor sales

A survey by the Clothing Manufacturing Association of India (CMAI) to assess the business trends in the recently concluded wedding season indicated that as many as 77 percent of the respondents witnessed average to poor sales during the period. CMAI spoke to 110 wedding clothing manufacturers, of which over 60 percent of respondents attributed...

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Fairs

CMAI FAB reflects optimistic Indian garment industry

For the third time, the Fabrics, Accessories & Beyond trade show (FAB 2023) took place in Mumbai from 26th to 28th April 2023 and generated about 20 billion rupees (around 194 million British pounds / almost 245 million US dollars) in business. The fair is organised twice a year by the Clothing Manufacturers Association of India (CMAI) and took...

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IMG Reliance, CMAI join hands to launch sustainable sourcing project Su.Re

IMG Reliance and the Clothing Manufacturers Association Of India have together launched a project to develop a sustainable sourcing policy for consistent prioritising and utilising certified raw materials that have a positive impact on the environment. The initiative called Su.Re is the first and the largest such initiative by the Indian fashion...

Fairs

Mumbai to host 66th National Garment Fair from January 29 to 30

The Clothing Manufacturers Association of India (CMAI) is ready to host the 66th National Garment Fair from January 29 to 30, 2018 at Hall I, Bombay Exhibition Centre, NSE Complex, Mumbai. This is expected to be the largest Spring/Summer Trade Fair ever organized by CMAI. The B2B Fair will display more than 400 brands spread over 2,00,00 sq. ft....

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CMAI Apparel Index dips to 1.87 points in Q2, GST affects sentiment

Q2 is the first quarter post-GST. And much like other sectors, apparel brands and retailers too were busy putting GST processes in place and sales suffered a big blow. July was the first month when the industry emerged after clearing pre-GST inventories. Interestingly, GST augured well for organized players, as bigger brands and organized...

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CMAI Apparel Index: Q1 sees 2.77 points growth, giant brands perform best

CMAI’s Q1 Apparel Index for April-June FY 2017-18 gives a sense of positivity about business ahead. For Q1, the Index value is 2.77 which has moved up compared to previous quarter, Q4 (Jan-March FY 2016-17) when it was 2.25 points. Surely, the market has recovered after ‘demonitisation’. However, the industry had to go through teething problems...

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CMAI looks forward to GST

The Clothing Manufacturers Association of India (CMAI) has welcomed the Goods and Services Tax rates for textiles and clothing. CMAI feels bringing the entire value chain of textiles under the GST regime will do away the fractured tax chain that exists in the current tax regime. Application of tax to the entire value chain in a fair and neutral...

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Demonetisation Effect: Q3 CMAI Apparel Index growth lowest at 1.4 points

CMAI’s Apparel Index for Q3 Oct-Dec FY 2016-17 shows this quarter had the lowest growth so far with overall Index Value at 1.4 points compared to previous quarter (July-Sept FY 2016-17) where overall Index Value was 4.64 points. The dismal growth last quarter is a fallout of ‘Demonetisation’ that impacted all segments and sectors of Indian...

Fairs

64th National Garment Fair begins in Mumbai today

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...