The Fabrics, Accessories & Beyond Show (FAB Show 2023) organised by the Clothing Manufacturers Association of India (CMAI) in Mumbai concluded on an optimistic note.
As per the CMAI, the show generated a business of about Rs. 2000 crore.
In a press release, CMAI said that the show witnessed over 12, 000 visitors including more than 1500 top platinum buyers and brands including Amazon, Ajio, Anita Dongre, Bewakoof, D’Mart, Firstcry, Jack & Jones, Killer, Lifestyle, Max, Myntra, Mufti, Raymond, Nykaa, Pantaloons, Pepe Jeans, Pothys, Shoppers Stop, Siyaram’s, Soch Apparel, Spykar, V Mart, Westside, Zudio, among many others.
Rajesh Masand, President, CMAI, said, “The overall garment retail segment in India is estimated to be Rs. 8 lakh crore. Over the years the garment segment, which grew 18 per cent in the last year, has seen a significant consumer shift towards branded apparel with online buying picking up pace. The garments industry is hopeful of the upcoming festive and wedding season and is expecting healthy growth for apparel especially occasion wear this year.”
Representatives of the Bangladesh Garments Manufacturers & Exporters Association (BGMEA) and Bangladesh Knit Manufacturers & Exporters Association (BKMEA) visited this show.
The CMAI Vendor Sourcing Fair 2023 (VSF 2023) was organised alongside the CMAI FAB Show 2023.