Following an unparalleled triumph in the MENA region, CMAI proudly presents 'Brands of India,' its global platform spotlighting Indian apparel brands in the international market. The exhibit takes place at BharatTex 2024, organized by the Consortium of Textile Export Promotion Councils, with the backing of the Ministry of Textiles. The CMAI Brands of India pavilion is situated at Hall 12A, Bharat Mandapam, New Delhi, from February 26 to 29, 2024.
Mr. Rajesh Masand, President, CMAI BharatTex primarily aims to showcase the prowess of the Indian Textile Industry, covering the entire spectrum from fiber production to retail. In alignment with this goal, CMAI's 'Brands of India' pavilion has been established to present the international community with the caliber of apparel brands that India has fostered.
‘Brands of India’ will exhibit 100+ leading apparel brands such as Arvind, Zodiac, Raymond, Killer, Fab India, Biba, Ancestry, Color Plus, Manyavar, Kora, Dollar, Macho, Lux, Monte Carlo, Pepe Jeans London, Octave Mettle, Mexico Jeans, Sin, Rupa, Siyaram’s, Oxemberg, J. Hampstead, Spykar, Westside, US Polo, CK, Tommy, Celio, Buffalo, Lee Cooper, Integriti, Lawman Pg3, Monte Bianco, and many others.
Discussing the initiative, Mr. Rajesh Masand, President, Clothing Manufacturers Association of India (CMAI), stated, “The Brands of India initiative aims to support BharatTex's objective by showcasing the diversity and excellence of Indian apparel brands to the overseas market. With this initiative, CMAI is setting a new benchmark for promoting Indian apparel brands globally, and we are excited about the promising future it holds for our dynamic industry.”
“In line with the Government of India’s ‘Make in India’ and ‘Atmanirbhar Bharat’ movements, the ‘Brands of India’ initiative by CMAI marks a critical advancement in establishing a platform for Indian apparel brands to penetrate global markets. Despite Indian apparel brands reaching competitive pricing with adherence to international standards of quality, a significant portion of exports continue to be marketed under the labels of the buyers. This accentuates the pressing need for a specialized platform to enhance the global visibility of Indian apparel brands,” added Mr. Rahul Mehta, Chief Mentor, Clothing Manufacturers Association of India (CMAI).
India’s textile and apparel sector is currently undergoing robust growth, projected to expand from US$ 172.3 billion in 2022 to US$ 387.3 billion by 2028, at a CAGR of 14.59%. This sector is a cornerstone of the Indian economy, contributing approximately 2% to the GDP, or around US$ 70 billion, and is a vital source of employment, second only to agriculture.
It directly employs 45 million people, with an additional 100 million in related industries. Globally, India stands as the 5th largest exporter of textiles and apparel, with an 8.0% share in the country’s total exports and a 5% share in global trade for the sector in 2022-23. India achieved a record export value of US$ 35.58 billion in textiles and apparel, including handicrafts, in the financial year 2023.
The exports of ready-made garments (RMG) reached US$ 16.19 billion in FY23, marking a modest growth of 1.1% over the previous year. This resilience and upward trajectory underscore the pivotal role of India’s textile and apparel industry in the global market, driven by a rich heritage of craftsmanship, a vast raw material base, and modern manufacturing capabilities.
