Date: 26th August, 2015
TO MEMBERS OF THE COUNCIL,
Dear Sirs,
Re : Participation in INTEX South Asia, Sri Lanka : 16th to 17th November 2015
The Council proposes to organize participation of its member-companies at INTEX South Asia in Colombo, Sri Lanka. The exclusive Exhibition of textiles and accessories, which is scheduled to be organized by M/s. Worldex Exhibition & Promotion Ltd. from 16th to 17th November 2015, will showcase various textile items including apparel fabrics, clothing accessories and yarn to visiting Buyers.
Highlights of INTEX South Asia
- South Asia’s first International Apparel, Fabrics & Accessories Trade Fair to fulfill the gap and accelerate trade and investment in the South Asian region.
- Provides opportunities for South Asian Manufacturers, Exporters and Traders to access and interact with global suppliers of yarn, apparel fabric and clothing accessories.
- One-stop comprehensive sourcing and trading platform in Sri Lanka which is geographically located to connect South and East Asia, Far East and the Pacific, Middle East, Africa, Europe and USA.
- Showcasing Sri Lanka’s unique strengths in creativity, design and manufacturing of specialized garments. The “Made in Sri Lanka” level is accepted worldwide espousing values of high quality, reliability, social and environmental accountability.
- Trends & Colour Forecast for Spring/Summer collection at the “Trend and Design Zone” at the Fair.
Why Sri Lanka?
- Sri Lanka has the highest GDP growth in South Asia. Its US$67 billion economy is expected to grow to 8.5% GDP by 2016.
- It has a strong international export network, mainly exporting to the United States and Europe.
- Internationally recognized as producer of “Garments without guilt” : the `Made in Sri Lanka’ level is accepted worldwide.
- Strict compliance to international standards, covering labour, health, safety and environmental factors.
- Politically neutral and visa friendly, it is the ideal location to invite entrepreneurs from India, Pakistan, Bangladesh and Nepal to freely do business in an encouraging environment.
South Asia – Powering the Global Apparel Industry
- Sri Lanka is amongst the top -clothing producing countries in the world with an export target to cross US$ 8 billion by 2020.
- India currently ranks second in both apparel (13%) and fabric products (18%) in the world market. India’s demand for apparel is projected to rise from US$ 65 billion in 2011 to US$122 billion by 2017.
- Bangladesh is the world’s second- largest apparel exporters (US$30.18 billion in 2013-14) after China and projected to cross US$ 50 billion mark by 2020.
- Pakistan is the eighth largest exporter of textile products in Asia. Pakistan’s textiles and clothing exports have risen 45% over the past five years to US$13.7 billion in part due to benefits offered by EU under the GSP + duty minus free trade scheme.
Participation Fees
Since the above Programme is not approved for availing MDA Grants by the eligible member-participants, a special package exclusively for SRTEPC member-participants has been worked out by the Organisers for ensuring their participation in INTEX South Asia on the basis of the following two alternative options:
Option A:
- An amount of Rs.1.55 lakhs inclusive of taxes for a furnished booth of 9 sq mtrs. Booth package will include one info desk, one round table, three chairs, three spotlights, one facia board, one power socket, 2 garment hangers-shelves.
- Each participating company will be offered maximum 3 nights complimentary accommodation in a 4-star hotel in Colombo (on twin sharing basis) from 15-17 November 2015.
- Complimentary shuttle service from hotel to SLECC during the Fair dates.
Option B:
- An amount of Rs.95,000/- inclusive of taxes for a furnished booth of 6 sq. mtrs size.
- The booth package includes one inform desk, two chairs, two spotlights, one facia board, 1 power socket, 2 garment hangers/shelves
- Each company would be entitled for maximum three nights complimentary accommodation in a 4-star hotel (on twin sharing basis) from 15 to 17 November 2015.
- Complimentary shuttle service from hotel to SLECC during the Fair dates.
Early Bird Discount
An amount of Rs.5,000/- may be availed as an Early Bird Discount by any member- participant for confirming participation on or before Monday 7th September 2015. It may be noted that this Early Bird Discount will be not be available to anyone, if participation is confirmed after 7th September 2015.
How to Apply
In view of the above, in case you are interested in participation in the above mentioned exclusive Exhibition in Sri Lanka, you are requested to immediately fill-in the enclosed “Application Form” and return the same to the Council along with full payment of participation charges by a Cheque/DD (for outstation candidates) to be drawn in favour of “The Synthetic & Rayon Textiles Export Promotion Council, Mumbai” at the earliest but not later than 15th September 2015.
We look forward to hearing from you very shortly.
V. ANIL KUMAR
EXECUTIVE DIRECTOR
Encl: Application Form
