Invitation for participation in exclusive Indian Textile Exhibition in Bangladesh from 30th to 31st May 2016

19^th March 2016

To,

Members of the Council,

This is in continuation to our earlier Circular message dated 9^th February 2016. As informed, considering huge unexploited potential of Bangladesh market of textiles, which stands 2^nd in the world – in terms of its export of clothing across the world, we are glad to inform you that the Council is organizing a mega Exhibition of textiles in Dhaka in May 2016 under the MAI Scheme in association with the High Commission of India in Dhaka and with the support of the Ministries of Commerce & Industry and Textiles, Government of India. The mega programme will also be supported by the leading Trade Bodies of Textiles & Clothing in Bangladesh to attract leading Buyers to visit the Event for discussing business with their Indian counterparts during the Exhibition. Service of a professional Event Management Agency, M/s. Triune (PTE) Ltd. will be deployed by the Council to organize various requirements of the Exhibition.

Details of the proposed mega Exhibition

Dates : 30^th & 31^st May 2016
Venue : Ball Room, Pan Pacific Sonargaon Hotel (A Deluxe Five Star Business Class Hotel), Dhaka
Product Coverage : All types of fabrics made particularly with MMF Textiles including Fabrics and Dress Materials needed for making Men’s & Ladies Apparels, Made-up items including Sarees; Home Textiles, Fashion Accessories and different varieties of Yarn & Fibre.
Market Access Initiative Scheme for organizing the Exhibition : Since the mega Event is being organised under Market Access Initiative (MAI) Scheme, administered by the Ministry of Commerce & Industry, Government of India, participation fee for the Exhibition has highly been subsidized due to the funding of our Government. Hence, no separate MDA facility will be available to participating companies.
Participation charges :

Rs.1,10,000 for a furnished booth of 9 Sqm

Early Bird Discount : An amount of Rs.8,000/- will be offered to those confirming participation along with duly filled-in Application Form (copy enclosed) on or before 6^th April 2016. It may be emphasized here that no Early Bird Discount will be available on the expiry of 6^th April 2016, and hence full amount of participation fee have to be paid thereafter.
Last date for booking participation : 18^th April 2016
Eligibility of participation : Though participation in this mega Event will largely be meant for the members of the Council, members of other Textiles Export Promotion Council are also welcome as per the MAI Scheme of our Government.

Highlight Points of the Textile & Clothing Market in Bangladesh

Bangladesh is the second largest Apparel exporting country after China in the world
Readymade Garment Industry (RMG) in Bangladesh, which is a fast growing market for textiles, has seen a meteoric rise from 30 enterprises in 1980 to about 6000 in 2014-15 fiscal year.
Bangladesh does require huge quantity of textiles including fabrics and yarn to cater to the requirements of its vibrant Garment /Apparel industry. However, since the country doesn’t have a good back-up for producing the necessary raw-materials on its own, it is largely dependent on the outside sourcing of the required materials from different sourcing centres in the world including India.
RMG make up 78% of the country’s annual exports of US$ 24 billion. Analysts say the Apparel export earnings by Bangladesh can be more than doubled by the year 2020.
Bangladesh has emerged as the 4th largest market for buying Indian MMF textiles during 2014-15
Bangladesh imported around US$ 4 billion of Man-Made Fibre from the world during 2014, of which India’s share was only around 10%
Bangladesh imported around US$ 2 billion of Man-Made Fibre-based fabrics from the world, of which India’s share was 11% during 2014
Bangladesh imported around US$ 900 Million of Man-Made Fibre-based yarn from the world, of which India’s share was around 10% during 2014
Exports of MMF Textiles from India to Bangladesh have steadily grown over the years to reach to the tune of US$ 338 million during 2014-15 - recording a growth of 47% compared to the previous year.
Main items of export from India to Bangladesh include polyester filament fabrics, nylon filament fabrics, sarees, furnishing articles, laces, muffler, acrylic spun yarn, polyester texturised yarn, polyester cotton yarn, viscose staple fibre, polyester staple fibre etc.
The leading markets from which Bangladesh sources its requirements of textiles include Thailand China, Taiwan, India, Hong Kong, South Korea, Indonesia, etc.

Not-to-be-missed Opportunity : In view of the fast growing vast Bangladeshi market of Textiles & Apparel, and also in view of its huge under exploited import potential of textiles, especially for India, your participation in this mega Textile Show of the Council is not-to-be a missed opportunity for the member-companies of the Council. Participation in the programme will, therefore, enable member-participants to establish their trading contacts with their target Bangladeshi counterparts and explore opportunities for discussing business sitting across the table.

Terms and Conditions of the Exhibitions:

These are as follows :

Each participant will be given a furnished exhibition-booth of 9 sqm size with necessary furnitures, display props, lights etc. to showcase his products for discussing business with visiting customers
Participation fee will not include expenses of air-fares, hotel expenses etc. of the participating firm’s representatives
Each selected Company will have to depute a minimum of one senior Executive to the Show
The Council proposes to select around 50 companies (including participants of other EPCs) for participation in the above Exhibition
Booth package, which will be offered by the Council without any extra costs, will include : 1 discussion table, 3 chairs, 2 fabric display stands OR 3 yarn shelves OR 1 fabric display stands & 2 yarn shelves (depending on products for display), adequate lights, 1 power socket, Fascia board & 1 waste paper basket. Any extra requirements, not covered by the above, will be charged on actual basis by the Event Management Agency
Participation will be accepted on first-cum-first-served basis
Positioning of Booths at the venue will be decided on the basis of Lucky Draw by name of the Company.
Corner Booths will be charged 10% extra on participation charges on first-cum-first served basis

Urgent requirements are to be complied by the participants on the basis of latest guidelines given by the Ministry of Commerce & Industry, Government of India

ITC HS codes : As per the guidelines of MOC&I, every participating company needs to furnish ITC HS Codes (8 digit) with corresponding product-descriptions of all the products of textiles which they will position for discussing business with their Bangladeshi’s customers during the Exhibition.
Director Identification Number (DIN) : According to the requirements of our Government, you also need to provide us with DIN of your Director. However, in case of Sole Proprietorship business, where Director Identification Number (DIN) is not available, then PAN number of the company is to be furnished. This is urgent requirement of our Ministry, and, hence, you need to comply with the same without fail.
Importer-Exporter Code (IEC) : Importer-Exporter Code of each participating company needs to be furnished by the participants to the Council.

We may mention here that the references of the above mentioned ITC HS Codes and Director Identification/PAN Number as well as IEC No. have been given in the enclosed Application Form.

Visa, Air-tickets, Hotel accommodations, Group Transportations & Lunch

In order to ensure convenience to participating member-companies, the Council will help them on all the above important requirements including visa, air-tickets, hotel accommodations. group transportations and working Lunch-packets for participants will also taken care of by the Council.

Cancellation Policy :

Withdrawal of participation from the above Exhibition will be allowed on the basis of the following :

80% cancellation charge, if withdrawn latest by 20^th April 2016
No refund will be available, if withdrawn for what-ever reason thereafter.

How to apply? : In view of the limited booth and short time availablility, member-companies of SRTEPC including other EPCs, who are interested in participating in the Exhibition are requested to send their “Application Form (download)” () duly filled-in along with the full participation fees by cheque/DD to be drawn in favour of “The Synthetic & Rayon Textiles Export Promotion Council, Mumbai” at the earliest but not later than 18^th April 2016. Amount of participation fee can also be paid to the Council through RTGS on the basis of Bank details provided in the Application Form.

Looking forward to receiving your confirmation soon.

Regards,

V. ANIL KUMAR
EXECUTIVE DIRECTOR

Encl : Application Form