India : YFA MSME exhibitors eligible for up to 90% govt subsidy

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YFA MSME exhibitors eligible for up to 90% govt subsidy

15
Sep '16

Exhibitors at the second edition of the Yarn, Fabric & Accessories Trade Show (YFA) 2016, which will run from November 23 (Wednesday) to 26 (Saturday), 2016, will now be eligible to subsidies offered by the National Small Industries Corporation (NSIC), a government of India undertaking.

YFA 2016 is now supported by NSIC, and now MSME units who participate in the YFA 2016 exhibition, can claim subsidy under the Marketing Assistance Scheme (MAS) of NSIC of 60-95% under various categories of MAS.

YFA 2016 aims to redefine the way fibres, yarns, fabrics and apparel accessories are sourced and bring renowned suppliers from the these four segments closer to buyers and also offer buyers a one-stop place to source all their requirements.

YFA 2016 will see exhibition space doubling from one hall to two halls in the 2016 edition. Additionally, WGSN, the global authority on fashion trends will be the Trend Partner.

There will be a special Chinese Pavilion, where around 40 Chinese exhibitors will showcase yarns, fabrics and garment accessories. A special highlight of YFA 2016 is the Denim Zone, which will see 20 top Indian denim fabric makers exhibiting their denim innovations.

To add an icing to the cake, the organizers have also arranged a conference in association with TIT-Bhiwani and the Textile Association of India (TAI). One more initiative is 'Titoba', an alumni meet with a gathering of more than 800 top industry professionals in association with TIT Bhiwani and again the Textile Association of India (TAI).

Vision Communications, the organizer has also planned fashion shows during the days of the show and additionally there will be a high-level conference which will see ministers, top government officials and industry leaders offering their views at the conference.

The fair is organized by Vision Communications, supported by the Northern India Textile Mills Association (NITMA) with AEPC (Apparel Export Promotion Council), TA(I) (Textile Association of India), PDEXCIL (Power loom Development Export Promotion Council), CMAI (Clothing Manufacturers Association of India), FOHMA (Federation of Hosiery Manufacturers Association), NAEC (Noida Apparel Export Cluster), NITRA (Northern India Textile Research Institute), U.P. Apparel Exporters Association and PTA Users Association as supporting associations.

Fibre2Fashion News Desk – India

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