President's Desk

Dear Friends,

As I write this piece, we are coincidently in the middle of two historic events in our Industry – one, which took place last week, TEXTILES INDIA 2017, and the other, which is taking place next week, CMAI’s 65TH NATIONAL GARMENT FAIR.

Both are historic in their own ways.

Textiles India 2017 for being the first Mega event showcasing the entire Value Chain of Indian Textiles, from Fibre to Fashion. An incredibly impressive event which attracted the who’s who of Experts, Business Leaders, Academicians and Executives of some of the Largest Buying Houses from across the world and the top most Manufacturers from India. It was inaugurated by the Hon’ble Prime Minister Shri Narendra Modi (perhaps the first Textiles event since taking over as PM), and attracted top honchos, namely Shri Gautam Singhania, Shri Kumar Mangalam Birla and Shri Sanjay Lalbhai on one side and Shri Venkaiah Naidu, Shri Rajiv Pratap Rudy, Shri Radha Mohan Singh, Shri Ananth Kumar from the political side. International Experts included Mr Dietrich Eickhoff, Mr Edward Gribbin, Mr Mark Jarvis, Mr Mike Fralix, whilst Indian experts included Mr Gautam Nair, Mr Rakesh Biyani, Mr Narendra Kumar Ahmed, Dr Darlie Koshy, Mr Sunil Aurora, Mr Sunil Shethi, amongst many others. 65 MoUs were signed between various Associations, Companies, and Institutions.

Of course, being the first such effort, there were a few glitches in the organisation, a few gaps, and some goof ups. Perhaps, the business conducted over the three days was not what had been expected with the hype surrounding the event. My recommendation would be to structure the future editions of this event on a ‘Conference’ Model, than as a Trade Event. But whilst I will be discussing these issues with the concerned people, I, for one, would take a generous view considering this was the first of its kind event. All in all, a truly mega event, a unique attempt by the Textiles Ministry, and a huge feather in the cap for the indefatigable, ever optimistic, and supremely committed Hon’ble Textiles Minister Smt Smriti Irani. Hats off to you Ma’am!

The other historic event is, of course, CMAI’s 65th National Garment Fair.

For the first time ever, more than 1000 Brands will be exhibited, spread over 6,00,000 square feet of space. More than 40,000 Retailers are expected to attend. The Fair Committee has pushed for Online Registrations as a way to beat the rush, and have also doubled the number of Registration Counters. For the first time, the Management of the BEC has taken over the Catering for the Visitors and the Exhibitors, and they tell me that we can look forward to some mouth watering food during the Fair!

By the time you receive this issue, GST would have, of course, come in force. The first few days have seen some confusion and hassles, with the smaller Retailers still coming to terms with the new systems and processes, and the larger players struggling with their ERP and IT Systems. Some resistance from the Consumers is also seen since, till now, they were not aware of the taxes being paid by them, and now it is in their face!

But I still feel that these are initial teething problems, and both trade and customers will get used to the new regime and things will settle down in a couple of months.

So, here is wishing you a successful Fair, a booming festive season, and stable business ahead!

 

 

 


Rahul Mehta

Welcome to CMAI

From the President's Desk

Dear Friends,

As I write this piece, we are coincidently in the middle of two historic events in our Industry – one, which took place last week, TEXTILES INDIA 2017, and the other, which is taking place next week, CMAI’s 65TH NATIONAL GARMENT FAIR.

Both are historic in their own ways.     .... Read More

 

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