September 2013 edition of India Market Days Inaugurated at Apparel House, Gurgaon

2013-09-10_203407India Market Days is a project approved by Ministry of Textiles and is funded under the Market Access Initiative (MAI) Scheme of Ministry of Commerce & Industry, Government of India for inviting overseas buyers and buying agents under Reverse BSM. The Chief Guest of the event was Ms. Anika Passi, Regional Merchandise Manager, K-Mart, Australia Ltd. Shri Sudhir Sekhri, Chairman Export Promotion inaugurated the India Market Days, here today, in presence of Shri H.K.L. Magu, Sr. Vice Chairman, AEPC, participants and buyers. During inauguration, Chief Guest Ms. Passi said that “there is huge potential and I see huge opportunities in India. India has infrastructure, fashion and supportive atmosphere. I wish all buyers make good use of opportunities”.

Inaugurating the India Market Days, Shri Sudhir Sekhri, Chairman Export Promotion at AEPC lauded the efforts made to help the domestic exporters and the state of art exhibition halls that Apparel house provides. India Market days will provide an opportunity to analyze and choose, from the wide spectrum of existing and emerging products at one place, analyze prevailing rates in the market, finalise bulk requirements and negotiate best rates for bulk orders.

Apparel Export Promotion Council (AEPC) an apex body of Indian apparel exporters has organized the ‘India Market Days’ at Apparel House, Gurgaon, its world class venue for the business of fashion from 2nd to 3rd September 2013. Shri Sudhir Sekhri in his inaugural address welcomed the buyers and said, “The event will help the garment exporters find the right partners for their business. Through Apparel House, we have provided them with the well spaced showrooms wherein they can interact and negotiate good business.” Market Days is one of the endeavors for AEPC’s export promotion initiatives for the year 2013, wherein we are hopeful that the apparel exporters will generate good business deals with buyers from the continent countries, he added.

Chairman AEPC Dr. A Sakthivel in his statement stated that, “AEPC by organizing India Market Days, is once again ready to provide an opportunity and a platform where wonderful products are displayed in the showrooms. Buyers’ may like to avail this opportunity to choose from the wide spectrum of products at one place. This Fair will help you develop your creative collection and augment your resources.”

Shri H.K.L. Magu during his address stated that “Market Days is one of the endeavors for AEPC’s export promotion initiatives for the year 2012-13 wherein we are hopeful that the apparel exporters will generate good business deals with buyers from the continent countries. Another set of Market Days will be organized in the month November, 2013”.

Shri Lalit Thukral, Senior Vice- President Apparel House Exporters Association & Convener Apparel Mart Apparel Market Days remarked that, “I am happy to note that AEPC is taking concrete and planned steps to promote the Apparel House by holding regular India Market Days I am sure India Market Days will be useful for both buyers and sellers in growing their own business. I welcome all buyers who have come cutting across different regions and countries.”

The product profile of the event covered the entire value chain of the textile and clothing industry and included the following: Blouses, Casual Wear, Children’s Wear, Coordinates, Denim Wear, Infants’ Wear, Knitwear, Ladies Wear, Men’s Wear, Shirts, Shorts, Silk Garments, Skirts, Suits, Sweat Shirt, T-Shirt, Trousers, Vest, Cocktail Dresses, Evening Dresses, Bodysuit, Brief, Home Wear, Fashion Jewellery, Men’s Underwear, Nightwear & Pajamas, Outerwear, Pareos, Scarfs, Stoles, Handbags, Cushion covers, bed covers, fabrics, etc.

In order to boost Indian exports of garments and fashion accessories, more than 100 show-room holders are going to exhibit their latest collections to buyers from countries like Greece, Australia, Botswana, South Africa, Ecuador and USA. Some of the leading buying agents will be visiting India Market Days.

Exhibitors/showroom holders are from cities like Jaipur, Gurgaon, Noida, New Delhi, Ludhiana etc. Buyers from Japan, Hong Kong, Turkey, USA, Australia, south Africa, Brazil, Argentina, Greece etc visited the India Market Days fair. The list of Foreign buying companies includes: Indian Emporium, Finemaster International, Keten Collection, Rock & Romance UK, Zak Corp, Emira Dis Ticaret, Noble Control, Boyner, YKM, M.S.D Skytex Ltd, Jump Fortune, Namli Tekstil, Tipsy INC, Unlimited Avenue, Style Unlimited, Stage II Attires Mena Trading, Studio Zip Code Worldwide Distribution, Star of India, Art Indinos, Rococo Divine, The Royal Standard, Lebaz INC, Raghi International, Global Studio, Valeria Del Valle Munoz, Gateway Overseas, Crème Fraiche, Yash Imports, etc.

Apparel exports were to the tune of USD 1279 million in July 2013-14 with increase of 19 per cent against the corresponding month of last financial year. In rupee terms, the exports have increased by 28 per cent in July 2013-14 over the same month of previous
FY. Export in dollar terms for April-July of the FY 2013-14 has increased by 13 per cent over the same period of previous FY and reached to USD 4841 million however, in rupee terms exports increased by 18 per cent compared to same period of last FY. In April-July 2013-14 in rupee terms apparel export of India was to the tune of Rs. 27538 crore compared to Rs. 23300 crore in April-July 2012-13.

The last India Market Days was held in the month of July 2013 which generated the business of 272000 US $.

Leave a Reply