India's RMG Exports to MEA Surge to $2.68 Billion in 2022-23: A Look at 'Brands of India' Trade Show
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- Published: Wednesday, 01 November 2023 13:16
India's thriving ready-made garment (RMG) industry continues to make impressive strides, with RMG exports to the Middle East and Africa (MEA) region surging to a remarkable $2.68 billion during the fiscal year 2022-23.
The latest data indicates that these exports have remained robust, reaching over $774.5 million in the first seven months of the current fiscal year (2023-24). These substantial figures reflect India's growing presence in global textile and apparel markets.
A recent report by the Research & Promotion Department of the Apparel Export Promotion Council (AEPC) delves into these remarkable export figures. It's a testament to the remarkable resilience and innovation shown by Indian apparel manufacturers in tapping into MEA markets.
UAE Leads the Charge
In 2022-23, the UAE emerged as the largest importer of Indian RMG in the MEA region, with imports valued at an impressive $1.21 billion. These figures continued to shine during the first seven months of 2023-24, with UAE imports of Indian RMG reaching $368.78 million. This sustained partnership between India and the UAE underlines the robust trade ties between the two nations.
To further leverage this growing RMG export market to the MEA region, the Clothing Manufacturers Association of India (CMAI) has taken the initiative to host a prestigious B2B trade show called 'Brands of India.' The event is scheduled to take place at the Dubai World Trade Centre in Halls 6 & 7 from November 27 to 29, 2023.
'Brands of India' Trade Show: A Showcase of Indian Apparel Excellence
'Brands of India' is set to become India's largest apparel brands show in the Middle East, and it's backed by the Embassy of India, the Dubai Textile Merchants Association (TEXMAS), Dubai Chamber International, and Readymade Garments Merchants Group Dubai. This initiative has been designed to bring together more than 350 top Indian apparel brands, showcasing a diverse array of collections ranging from Indian ethnic wear to Western wear and Fusion Wear. These collections span across Men's wear, Women's wear, and Kid's wear categories.
The trade show is set to feature over 350 brands, occupying 255 stalls and spanning across 70,000 square feet of exhibition space at the Dubai World Trade Centre. Some renowned brands participating in the show include Louis Philippe, BIBA, Soch, Stori, Cover Story, Sin, Ancestry, Indifusion, Touch, Dollar, Gini and Jony, Rachna Udyog, Siyaram, A-La Mode, Nostrum, Body Mark, and many others. The comprehensive display of these brands showcases the rich diversity of Indian apparel, ranging from traditional to contemporary fashion.
Boosting India's RMG Exports
Rajesh Masand, President of CMAI, underscores the significance of 'Brands of India' as an initiative to promote India's apparel industry on a global scale. He highlights the importance of the MEA region as a crucial export market for Indian apparel, emphasizing that this event will offer a unique platform for Indian brands to exhibit their latest collections to a global audience of buyers.
Jayesh Shah, Vice President of CMAI, echoes these sentiments, noting that 'Brands of India' is a testament to the growing strength and vitality of the Indian apparel industry. The trade show is expected to attract a significant number of buyers from the MEA region, opening up substantial business opportunities for Indian brands.
Additionally, Rahul Mehta, Chief Mentor of CMAI, emphasized the importance of establishing a platform for the promotion of Indian apparel brands in the global marketplace. 'Brands of India' aligns with the Government of India's 'Make in India' and 'Atmanirbhar Bharat' initiatives, marking a significant step in promoting Indian apparel brands both nationally and regionally.
A Promising Future
'Brands of India' promises to offer an immersive experience, allowing visitors to connect with Indian apparel brands and manufacturers, fostering new business relationships, and exploring potential collaborations. With Dubai serving as the strategic location for the trade show, it leverages the city's global reputation for exceptional infrastructure, connectivity, free trade zones, and business-friendly policies.
Selected overseas buyers will be provided with special privileges such as one-night complimentary hotel stays, pre-fixed one-on-one meetings with participating brands, Arabic interpreters on request, and more.
Leading names set to attend the 'Brands of India' show include Lulu Group, Landmark Group, Apparel Group, Yellow Flower Group, Snow White Garments, BMA International, City Centre & Bait Awladona Co. (Kuwait), among others.
As the 'Brands of India' trade show prepares to kick off, the future looks promising for India's RMG exports, strengthening the nation's position as a global textile and apparel hub. The event is a testament to the industry's adaptability and innovation, making it a driving force in the global fashion market.