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The 78th Edition of the National Garment Fair (NGF 2024) by CMAI Commences; Mr. Rajesh Masand, President – CMAI, inaugurated NGF 2024 

Published: January 30, 2024
Author: TEXTILE VALUE CHAIN

Mumbai, January 29, 2024: The 78th edition of the National Garment Fair 2024 (NGF 2024) showcasing  Spring-Summer collections, hosted by the Clothing Manufacturers Association of India (CMAI), has  commenced from January 29 and will be held till January 31, 2024 at the Bombay Exhibition NESCO  Complex in Goregaon East.  

The inaugural ceremony, led by Mr. Rajesh Masand – President, Clothing Manufacturers Association of  India (CMAI), set the stage for a showcase of the latest trends and innovations in the garments segment.  This three-day event features more than 1120 brands, presenting a diverse array of Spring-Summer  collections across Women’s wear, Men’s Wear, Kids Wear, and Accessories  

Acknowledged as the largest and the most awaited trade fair in the Indian apparel industry, the National  Garment Fair (NGF) functions as a crucial platform facilitating connections between national and regional  brands, manufacturers, designers, and fashion accessory manufacturers with retailers, agents,  distributors, and e-commerce companies. This biannual event carries substantial prestige within the  industry and is widely recognised as India’s premier trade fair, providing a comprehensive sourcing  platform that optimises time and cost efficiency for all stakeholders involved. 

Dignitaries present at the inauguration included Mr. Rohit Munjal, Vice President and Chairman of the  Fair Committee CMAI; Mr. Jayesh Shah – Vice President; Mr. Santosh Kataria – Hon Secretary, CMAI; Mr.  Ankur Gadia – Hon Treasurer, CMAI; Mr. Paresh Shah – Hon JT Treasurer; Mr. Naveen Sainani – Hon JT.  Secretary, CMAI, Mr. Mohan Sadhwani, Executive Director, CMAI; Board of Trustees; among others. 

Speaking about the festive apparel market, Mr. Rajesh Masand, President, Clothing Manufacturers  Association of India (CMAI), said “The preceding years have been challenging for the apparel industry in  India. We express optimism that the current year will serve as a stabilizing period. With over 1120 brands  showcasing their Spring-Summer collections at NGF 2024, the bookings undertaken by retailers and  distributors will establish the prevailing sentiments and provide an indication of what can be anticipated  for the year 2024.” 

Speaking about the NGF 2024, Mr. Rohit Munjal, Vice President and Chairman of the Fair Committee,  Clothing Manufacturers Association of India (CMAI) said, “At NGF 2024, we proudly bring together a  diverse spectrum of Men’s Wear, Women’s Wear, Kids Wear, and Accessories. With 1025 stalls  encompassing a vast 700,000 square feet exhibition area across seven (7) halls, this trade show is a  testament to the industry’s vibrancy, offering a comprehensive platform for the convergence of innovation  and style.” 

Speaking about the consumer demand for the upcoming spring-summer season, Mr. Rahul Mehta, Chief  Mentor, Clothing Manufacturers Association of India (CMAI), expressed, “The industry remains  optimistic that the current End-of-Season Sale (EOSS) will effectively address inventory backlogs, enabling  bookings for the new season to revert to customary levels. Preliminary observations indicate a more  favourable response in the premium segment compared to the value segment within the apparel sector.”

The size of the Indian apparel market is estimated to be Rs. 6.80 lakh crores in FY2023, and in FY2024 the  industry witnessed growth led by distributor network expansions and new store openings, however the  same store growth has not been substantial.  

About CMAI 

The Clothing Manufacturers Association of India (CMAI) is the most representative association of the Indian apparel industry having over 4000 members and serving more than 20,000 Retailers. Its Membership consists of Manufacturers, Exporters, Brands, and ancillary industry. 

CMAI advocatesregarding policies and alsoguides and encouragesitsmembers on ESGrelatedmattersand  initiatives. In 2019, CMAI launched the SU.RE initiative to encourage members to embrace sustainability. 

Established sixty (60) years ago, CMAI has contributed immensely towards development of the industry. In 1978, CMAI had led the creation of the Apparel Export Promotion Council (AEPC). CMAI is also authorised by the Government of India to issue Certificate of Origin (Non-Preferential) to Exporters. 

CMAI is the only Indian Association that represents the entire Indian Apparel Industry & Trade on prestigious international forums such as International Apparel Federation (IAF) headquartered in Netherlands. 

Visit: www.cmai.in | Follow Twitter: @CMAI_Official 

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