Apparel October 2017

 

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Apparel October 2017

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Roperia Clothing Santacruz (W), Mumbai-54 Mob- 7738004466 Email- roperiaclothing@gmail.com 29/30, Jupiter Mill Compound, Opp. Fitwala Hall, Fitwala Road, Elphinstone, Mumbai - 400 013. Tel : 2437 1508

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2 I APPAREL I October 2017

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APPAREL I October 2017 I 3

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FROM THE PRESIDENT’S DESK Dear Friends, I have to admit I am at a complete loss to understand the logic behind the Government’s decision to peg the Duty Drawback on Apparel Exports at 2 – 2.5 per cent. This is against the earlier rate of around 7.5 per cent. It is also said that the ROSL, previously at close to four per cent, will be reduced to around 2.5 per cent. Now on the face of it, this seems perfectly acceptable since it only reflects the extent of embedded Taxes not likely to be available as ITC under GST. However, on deeper study, a few factors clearly stand out. First, this assumes that all Garment Exporters, big and small, will get the Tax inputs passed on to them from Fabric Suppliers. This itself is a fallacy. The bigger players will of course manage to squeeze the suppliers to reduce their prices to reflect their credits – but it is unlikely that smaller players will be able to do that. In all probability, they will continue paying the same price for their inputs but with GST added – effectively increasing their costs. Second, it assumes that the full extent of embedded Taxes is covered through the rates announced. This is far from reality. AEPC has submitted a detailed list and calculations which indicate a far higher figure of taxes yet embedded in the input costs – so one will end up exporting taxes along with the products. This is something Governments across the World accept, should not be done. Thirdly, this is in complete contrast to the proclamations we hear day in and day out, that Textiles is a thrust area for the Government, primarily due to its Labour intensive character, and Job Creation being one of the focus areas of the Government. It is incredibly ironical, that on one hand we have State Governments virtually in a race to attract Investments in Apparel Manufacturing in their States, and on the other hand the Central Government knocking the bottom out of the profitability of Apparel Export Industry. It is time the Government realised that the Industry is fighting a lost battle against far more aggressive Governments and far more favourable Free Trade Agreements, and policies such as the one reflected in the Drawback rates announced, will only deal a death blow to our Industry. I am not saying the Industry will die. I am not saying it will be destroyed or annihilated – there will always be the few who will grow in spite of all odds – but the Apparel Industry acting as a driver of Job Creation in the Country? Forget it! RAHUL MEHTA 4 I APPAREL I October 2017 Help us improve Apparel. Please send in your suggestions and feedback to apparel.spenta@gmail.com

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CONTENTS OCTOBER 2017 Follow us on www.facebook.com/cmaiapparel VOL. 37 - ISSUE 10 OCTOBER 2017 Japanese Brands Making A Beeline For India! A report on how India is opening up as a potential market for overseas brands Technical Textiles: The Growth Factor Understanding the growing technical textile market SEASON OF JOY OFFICIAL MAGAZINE OF THE CLOTHING MANUFACTURERS ASSOCIATION OF INDIA CMAI OFFICE BEARERS Mr Rahul Mehta, President and Trustee Mr Rakesh Biyani, Vice President Mr Rajesh Masand, Vice President Mr Babubhai Ayar, Hon. Gen. Secretary Mr Jayesh Shah, Jt. Hon. Gen. Secretary Mr Rohit Munjal, Hon. Treasurer Mr Ankur Gadia, Jt. Hon. Treasurer Mr Premal Udani, Chairman, Board of Trustees Mr V M Kulkarni, Invitee Mr Ashok Shah, Invitee THE CLOTHING MANUFACTURERS ASSOCIATION OF INDIA Mumbai: 902, Mahalaxmi Chambers, 22, Bhulabhai Desai Road, Mumbai - 400 026. Tel: (022) 2352 5168 /2353 8986 cmai@vsnl.com, www.cmai.in Pune: 512, Gultekdi, Market Yard, Gate No. 8, Pune - 411 037. Tel: (020) 2426 9382 Karnataka: Geetha Mansion, 6th Floor, 40/1, Kempegowda Road, Bengaluru - 560 009. Tel: (080) 2226 7966 EXECUTIVE PUBLISHER Maneck Davar SPENTA MULTIMEDIA PVT LTD EDITORIAL Asst. Editor Kashmira Mirza Senior Sub-Editor Anurima Das DESIGN Creative Art Director Parvez Shaikh Asst. Art Director Yogita Iyer Graphic Designers Puja Rane Sunil Kadam Digital Imaging Vikas Padloskar Ninad Jadhav ADMINISTRATION Senior Vice President Bobby Daniel Marketing Director Marketing & Sales Geetu Rai Manish Almal Mob: 9819756800 Mumbai - Tel: 2481 1044 Vijay Bhagat - New Delhi - Tel: 4669 9999 Shoba Rebecca - Chennai - Tel: 4218 8984 Renjil/Sandeep - Bengaluru - Tel: 4161 8966 Pulak Ghosh - Kolkata - Tel: 4073 5025 Design, Editorial And Printing Spenta Multimedia Pvt Ltd Peninsula Spenta, Mathuradas Mill Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013. Tel: (022) 2481 1010 Fax: (022) 2481 1021. E-mail: ho@spentamultimedia.com Send in your ideas and contributions to apparel.spenta@gmail.com Q REPORT 22 54th Annual General Meeting A Report on CMAI's 54th Annual General Meeting, held in Mumbai Q CMAI NEWS 82 CMAI Capsule Q INDUSTRY INSIGHTS 28 Japanese Brands Making A Beeline For India! A report on how India is opening up as a potential market for overseas brands 34 Technical Textiles: The Growth Factor Understanding the growing technical textiles market Q FABRIC SPEAK 40 Stretched For Success Narrating the innovative journey of brand P N Rao and their latest innovation - 'Stretch Fabric' Q TECH TALK 46 Intelligence For Fashion $WOKNQHMFGNV QSHjBK@K(MSDKKHFDMBDHR fast gaining prominence in textile and apparel production Q BRAND SPOTLIGHT 52 Around The Globe Exploring the futuristic approach taken by Globe Textiles (India) Ltd to connect the world in one thread through the textile export market Q TREND TALK 56 Style Plus A closer view of the plus-size market and the star brands of this arena Q WEAVES & WORK 60 Embroidered With Style Looking at Indian embroidery's, gaining popularity in the world design folio Q GOING GREEN 66 In Sync With The Earth Unearthing the concept of natural dyes through some enriching insight from Sarfraz Khatri, Mumbai-based traditional hand-block printer at Pracheen 22 28 40 52 66 APPAREL, the monthly magazine of CMAI, Edited, Printed and Published by Mr. Maneck Davar at Spenta Multimedia Pvt Ltd, Peninsula Spenta, Mathuradas Mill Compound, Senapati Bapat Marg, Lower Parel (W), Mumbai - 400 013. Published from 902, Mahalaxmi Chambers, 22, Bhulabhai Desai Road, Mumbai - 400 026. The views and opinions expressed or implied by writers in APPAREL magazine are those of CMAI or Spenta Multimedia Pvt Ltd Unsolicited articles and transparencies are sent in at the owner’s risk and the publisher accepts no liability for loss or damage. Material in this publication may not be reproduced, whether in part or in whole, without the written consent of the CMAI or Spenta Multimedia Pvt Ltd

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www.bonjourretail.com HEALTH SOCKS FOR A HEALTHIER LIFESTYLE with N9 Pure Silver™

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