Fabrics, Accessories & Extras Show 2024 (FAB Show 2024), organized by the Clothing Manufacturers Association of India (CMAI), concluded its 4th edition with great success, thereby boosting the of the Textile industry with extremely high business prospects. The three-day event, which took place from April 15 to April 17 at the Bombay Exhibition Center, Mumbai, outperformed industry expectations with an estimated turnover of over ₹2,100 crores.
FAB Show 2024 organized by CMAI boosted confidence in the industry with nearly ₹2100 crore in business generated. It attracted 10,200 visitors from India and 16 countries, showcasing innovation and sustainability with over 200 exhibitors. Initiatives such as sapling planting and the Surat Pavilion highlight the industry's commitment to growth and environmental responsibility.
The trade show successfully attracted 10,200 trade visitors from over 320 cities across India, including over 1,500 elite platinum buyers. Furthermore, foreign buyers from 16 countries mainly Bangladesh, UAE, Bahrain, Egypt, Russia, Hong Kong, USA, Kenya, Sri Lanka and Nepal also visited the exhibition. Presence of sourcing heads from renowned brands and retail majors like Aditya Birla Fashion & Retail, Bestseller, Gokaldas Imports, Kora, Mufti, Pepe Jeans, Reliance Brands, Shoppers Stop, Soch , Stori, Spykar, Westside and many more have continued to boost industry confidence thereby reflecting the importance of the event as a leading sourcing platform.
Talking about the success of the FAB show, Rajesh Masand, president, CMAI expressed: “The impact of this major sourcing event will resonate throughout the apparel industry's supply chain, promising not only immediate business but also long-term strategic development and new sourcing relationships for all stakeholders. The remarkable success of this year's show reflects the industry's optimistic outlook, fueling optimism for a strong recovery in the coming seasons. This revival comes at a critical time when our industry is under stress due to weak demand and recent challenges such as amendments affecting MSME payments. With the positive momentum created by the FAB Show, people have renewed confidence that the industry's prospects will soon return to the growth path.”
This year's FAB show is a focal point for innovation and sustainability for the industry, showcased by over 200 domestic exhibitors, including big names like Grasim, Arvind, Siyaram's, Gokul Print, Jindal, Banswara Syntex , Ruby Mills, Bhagwan Enterprise along with many MSMEs. Notable participants from diverse sectors such as fabric suppliers, accessory manufacturers and software developers demonstrated their latest products and services to a discerning audience.
“FAB Show 2024 has set a new benchmark for success in the textile industry, reflecting our commitment to driving growth and sustainability,” said Naveen Sainani, president, FAB Show, CMAI. The Sustainability Zone is the main attraction at the fair, showcasing fabrics made from waste, recyclable materials and education on the benefits of wastewater management, promoting innovation and sustainability. circularity, which is a cornerstone of CMAI's comprehensive strategy to engage, educate and inspire the apparel industry. “Our environment is changing and if the world cannot avoid deforestation, we need to invest in reforestation,” he explained. On behalf of 2,876 tourists who pledge to voluntarily become earth warriors, CMAI will plant 2,876 seedlings to create a healthier environment, fight climate change and protect biodiversity.”
The Surat pavilion organized by the South Gujarat Chamber of Commerce & Industry (SGCCI) showcased over 40 leading fabric manufacturers for the fourth consecutive edition of FAB. One of the main reasons why the Surat pavilion is popular with visitors is its presentation capabilities latest trends and understanding the needs of the garment industry. Talking about the current business landscape, Siddharth Dhawan, director, Gokul Tex Print – a leading fabric manufacturer from Surat, expressed, “We have seen steady growth over the past year, which has slowed down over the past few months due to the MSME payment amendment introduced. This year, we are confident that starting from June to December, signs of growth will become apparent as we deliver to manufacturers the goods they will supply in the market.” Another participant, Ritesh Patel, director, Surbhi Textile Mills from Surat said “We have received exceptional response to all our products and the presence of buyers from all over the country has given us great exposure. We look forward to participating in the next CMAI program.”
Talking about their business prospects, Murugan Thenkondar, president – global & marketing director – Business Development, Aditya Birla (Cellulosic Fiber) said “The export market is currently experiencing many fluctuations and our domestic market is growing steadily, which is why we are participating in the exhibition here. CMAI has been very successful in taking up the textile value chain involving major brands of fabric manufacturers, yarns, weavers, knitting machines, spinners and yarns, thus providing a one-stop destination for Meet sourcing requirements. Different from other fairs, FAB is a great annual platform for domestic buyers and we are seeing a lot of positive energy at the show.”
Sailesh Kukreja, managing director, Bhagwan Enterprise from Mumbai excitedly said, “We thank CMAI for taking innovative measures to ensure the presence of buyers from across the country, making the fair a resounding success. The exhibition was well organized and the registration process for on-site visits was very quick. The overall promotional campaign is very well designed and continuously creates buzz on social networks. We look forward to participating in all the upcoming CMAI fairs and hope to achieve greater success.” Talking about sustainability, JP Singh, director, Ramtex – Parmeshwari Silk Mill from Ludhiana said, “We are committed to Sustainable Development and have adapted our eco-friendly processes to save approximately 400,000 liters of water per day. It's exciting to see consumers becoming more environmentally conscious and favoring eco-friendly fabrics like ours. Our main markets are Punjab, Haryana and Delhi; However, we have started receiving increasing demand through our distributors from Mumbai, Pune, Hyderabad, Chennai, Bengaluru, Kolkata and Indore.”
Note: The content of this press release has not been edited by Fiber2Fashion staff.
Fiber2 Fashion News Desk (HU)
