Invitation to participate in “Jakarta International Yarn & Fabric Show” (JIFS) in Jakarta, Indonesia from 23 to 25 November, 2016

IMPORTANT & URGENT

                                                                                                                       Date: 2^nd September, 2016           

TO THE MEMBERS OF THE COUNCIL

Dear Sir,

Re: Invitation to participate in “Jakarta International Yarn & Fabric Show” (JIFS) in Jakarta, Indonesia from 23 to 25 November, 2016

We are glad to inform you that the Council is scheduled to organize participation of its member-companies in 6^th Jakarta International Yarn & Fabric Show (JIFS) in Indonesia in association with the concerned Embassy of India under the Market Development Assistance (MDA) on the dates, as mentioned above.

As you are aware, Indonesia has a vibrant Garment and a Textile Industry.  Though Indonesia does produce textiles items, the market also regularly sources its excess requirements of yarn and fabrics to cater to the requirements of its International markets from various overseas sourcing centers including India.  Indonesia imported over US$ 5 Billion of MMF Textiles from the world during 2014.  However, India’s share in its (Indonesia’s) total import of MMF Textiles was merely US$ 63.61 Million, which is just 1%.  Considering this, there is a huge scope for enhancing our current export of man-made textiles to Indonesia.  Hence, participation in this International Fair will provide member-companies an excellent opportunity to the existing exporters to this market to further explore the possibilities of expanding their current export-trade, besides helping those new entrants develop trade contacts for doing business with their prospective customers of textiles including fabrics and yarn to cater to the requirements of this potential Textile market.

In this regard, in order to organize various requirements of the participating member-companies in particular, and the International Fair in general, the Council is in close touch with M/s. Conference & Exhibition Management Services Ltd. (CEMS), which is the Organizer of the Fair.

Why to participate in JIFS?

• The Textile and Garment Industry is an important contributor to Indonesia’s economy—serving as a large source for jobs and export earnings.
• Textile and Clothing Industry continues to play a major role in Indonesia’s economy—contributing significantly to the country’s gross domestic product growth and its foreign exchange earnings.
• In recent years, the consumption of synthetic household textile and furnishings has been on an upward growth trend.
• Consumption of synthetic fibres production in household textiles and furnishings has increased--owing to their inherent environmental, performance and health advantages.
• India has been complementing to the Indonesian Apparel Industry since a long time. Indonesia imports a significant part of textiles from India for its growing garmenting units.
• Man-made textiles including fabrics and yarn, Cotton, Made-ups, Apparels and Carpets are the main items that are being imported from India into Indonesia.
• Indonesia, considered as one of the top five apparel exporting countries to the U.S. with its total exports of the sector surpassing USD 9 Billion, is projecting a 13% growth in textile and apparel export.
• JIFS will be the biggest & oldest Textile Garment Technology & Apparel Expo of Indonesia.
• It is targeted to the entire textile & garment industry Indonesia.
• Major investments in the textile & garment sector are happening in Indonesia.

Highlights of the Indonesian Textile & Clothing Industry:

• Imports of Textile & Clothing by Indonesia from the world were US$ 8.73 billion during 2015.
• India’s share in total imports of Textile & Clothing of Indonesia is 2.30% ----amounting to US$ 201.15 million in 2015.
• Textile imports of Indonesia from the world account for nearly 83% (US$ 7.50 billion) of its total T&C imports.
• Clothing imports of Indonesia from the world account for nearly 14.11% (US$ 1.23 billion) of its total T&C imports.
• Imports of Made-ups from the world reached over US$ 236.83 million with a share of nearly 2.7%.
•  Indonesia’s total imports of MMF textiles from the world during 2015 stood at USD 2.30 billion, of which India’s share was only USD 54.30 Million (2.35%).   Hence, there is a huge scope of the further expansion of our trade.
• The leading suppliers of textile products to Indonesia are China, Republic of Korea, Hong Kong, Taiwan, USA, Japan and Thailand.
• The leading suppliers of Clothing products to Indonesia are China, Bangladesh, Hong Kong, Turkey, Korea Republic, Morocco, Vietnam and India.

Publicity & Promotion:

Jakarta International Yarn & Fabric Show (JIFS), being an International Fair, will extensively be publicized by the Organizers to ensure good number of footfalls of potential Indonesian Buyers to the above Event for discussing business with representatives of concerned Exhibiting companies. In addition to this, the Council also proposes to publicize the Event by direct invitations, mass-mailing & disseminating separate Catalogue of Indian Exhibitors to target customers.  The Council will also arrange an “advance visit” to the Indonesian market for establishing business contacts / networking with concerned Industry-heads, and Senior Executives of various Textiles/Clothing Trade Bodies for ensuring better outcome of the Exhibition.

Assistance of Visa to participants:

The Council will also offer necessary assistance to representatives of participating companies for all the matters for obtaining “Visa” booking of air-tickets, and arranging Hotel accommodations. As regards Visa, the Council will assist a maximum number of 3 Executives from each participating company to obtain visa by getting their passport details endorsed by the concerned authority in Indonesia through the Embassy of India.

Market Development Assistance (MDA): 

Since the above programme has been approved by the Ministry of Commerce & Industry, Govt. of India for offering financial assistance to small member-participants through MDA grant to eligible member-companies --- considering limited amount of MDA fund availability, only 20 eligible member-participants will be given a reimbursement of Rs. 1 lakh on First-Come-First-Serve basis for participation in the above Fair, subject to the fulfillment of prevailing terms & conditions. 

Participation fees: 

An amount of Rs. 1.45 lakhs will be charged for a furnished booth of 9 sqm size.  In this connection, an Early Bird Discount of Rs.10,000/- will be offered to those confirming participation in the Fair on or before 10^th September, 2016.  Please note, this Early Bird Discount will not be available, if the full payment of participation fees along with dully filled-in “Application Form” do not reach to the Council on or before 10^th September, 2016, as mentioned above.

Terms and Conditions: 

Participants will be given a standard exhibition-booth of 9 sqm each with necessary furnitures (one discussion table, 3 chairs, 2 fabric stands or 2 yarn shelves, 1 waste paper basket, lights, 1 powerpoint socket, facia board). Any other extra requirements will have to be borne by participants on the basis of additional costs, which will be charged by the Organizer of the Fair. The other terms & conditions for participation in the above Exhibition are as follows:

• The amounts of participation fees, as mentioned above, do not include expenses of representative(s) of participating firms like air-fares, hotel expenses etc.
• Each selected Company will have to depute a minimum of one Senior Executive (but not more than 3) to the above Exhibition at its own costs.
• Member-participants will be selected absolutely on “First-Come-First-serve” basis with full payment.
• Eligible member-participants, who will claim MDA re-imbursements, will have to submit all the required documents within one month from the conclusion of the Exhibition for availing benefits from MDA grant.

Cancellation of Participation Policy: 

Cancellation of participation will be decided on the basis of the following criteria:

• 80% cancellation charge, if participation is withdrawn just after 7 days from the last date of application.
• No refund will be available, if participation is withdrawn on any date thereafter.

How to apply:

Members, who are interested in participating in the above International Fair in Jakarta, are requested to immediately confirm their participation by sending the duly filled-in enclosed “Application Form” on the basis of above terms & conditions and the full amount of participation fee, as mentioned above. Confirmation of participation in the above Exhibition will only be accepted, if participants send their full participation charge through a cheque /DD drawn in favour of “The Synthetic & Rayon Textiles Export Promotion Council, Mumbai” at the earliest but not later than 20^th September 2016. Participation charge may also be transferred to the Council on the basis of the RTGS details given in the “Application Form”.  

Awaiting your confirmation of participation very soon.

Regards,

V. ANIL KUMAR
EXECUTIVE DIRECTOR

Encl: Application Form