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PRESIDENT'S DESK
Dear Friends,

These are exciting times for CMAI.

As a follow up to my visit to Japan, of which I had spoken about in the last Issue, there is a high powered Delegation from Japan coming down to Mumbai on the 16th, 17th, and 18th December, bringing with it nearly 300 Samples representing Japan’s best and newest Textiles and Fabrics – with the objective of showcasing these to Indian
Importers, Traders, Manufacturers, and Brand Owners. By the time this issue comes to you, the Delegation would have interacted with the top-most Manufacturers and Importers, and I am hopeful of some really constructive feedback and results.
Source zOne Fair, organised by AEPC, and supported by CMAI and other Garment Associations, in Delhi, which showcased a vast range of Fabrics and Accessories from over 100 Supply Chain Partners, including a whole section from Taiwan concluded successfully. Being the First Edition, it was small, but certainly appreciated by the Industry as a step in the right direction.
Finally, if all goes well, in the next couple of days we shall be announcing the revival of CMAI’s Spring Summer Fair 2011, after a gap of several years. It shall also mark the coming together of disparate groups of Exhibitors under one umbrella, and believe me, it will be a landmark event.
CMAI has been deeply involved in the Apparel Industry’s battle with various Lobbies to bring back some sense of sanity and reality to the Cotton and Cotton Yarn Prices, and I am happy to say that at least some relief has been announced in the form of a cap on Cotton Yarn Exports, and we are already seeing the impact in the market prices of Cotton Yarn and Fabrics.
However, I must caution my friends and colleagues on both sides of the debate, that this is not a long term solution. A lasting solution can only come if all Sectors of the Industry get together and thrash out a solution in the best interests of all concerned.
In the meantime, MERRY CHRISTMAS AND A GREAT NEW YEAR!
By the way, have a blast on the 31st, but drive safely – or not at all if you have had a couple!!!
Cheers!
 
 
Rahul Mehta
 
 
 
 
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Overview Archive
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The buzz, the excitement, the news, the activity – all are at full throttle in the market about the 25th World Apparel Convention being held in New Delhi on November 19 and 20, 2009.
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