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India's largest garment fair from June 29
27
Jun '15
The Clothing Manufacturers Association of India (CMAI) is organising India’s largest apparel trade show – The 61st National Garment Fair, from 29th June to 1st July, 2015, in Mumbai.
 
CMAI president Rahul Mehta said the B2B Fair will be spread over approximately 5 lakh square feet, and will have more than 700 stalls displaying over 780 brands.
 
Around 40,000 retailers from all over India are expected to visit the 3-day fair. For the first time, CMAI has invited e-commerce companies to participate.
 
The total size of the domestic Indian apparel industry is estimated to be around Rs 2,00,000 crore. Of this, un-stitched garments like dhotis and sarees constitute Rs 50,000 crore.
 
The size of organised retail of stitched garments is estimated at around Rs 40,000 crore, while the remaining 1,10,000 crore is unorganised.
 
Mehta expects the size of Indian domestic apparel industry to double within next 5 years.
 
In the previous financial year 2014-15, India’s garment exports increased by 12.2 per cent year over year to $16.8 billion. In rupee terms, the export value stood at Rs 1,03,000 crore, as against Rs 90,790 in the previous fiscal. (RKS)
 

Fibre2fashion News Desk - India

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