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Indian Textile Exhibitions/Buyer Seller Meets in El Salvador & Honduras

HIGH PRIORITY MESSAGE

 

Ref : TP/Circular-H&E/1231                                                                          Date : 18th June, 2015

 

TO MEMEBRS OF THE COUNCIL

Re : Invitation to visit re-scheduled SRTEPC Exhibitions in El Salvador & Honduras from 13 to 17 July 2015

With reference to the above, we would like to inform you that though the Council earlier finalized the holding of exclusive Indian Exhibitions of Textiles in Honduras & El Salvador from 22 to 26th June, 2015, due to some unavoidable circumstances, the Council has now decided to re-schedule these Exhibitions to make better impact on their outcome in co-ordination with the Embassy of India in Guatemala on the basis of the following details :

Sr.No

Countries/Markets

Venues/Hotels

Dates

Timings

1

San Salvador, El Salvador

Hotel Hilton Princess San Salvador

13 to 14th July, 2015 (Monday & Tuesday)

9.30 am to           4.00 pm

2

San Pedro Sula, Honduras

Real Intercontinental Hotel

16 to 17th July, 2015 (Thursday & Friday)

9.30 am to           4.00 pm

While the amount of participation fee of Rs.2.70 Lakhs (net without any deduction) is to be paid towards participation charges, an amount of Rs.1.80 Lakhs (instead of earlier offer of Rs.1.25 Lakhs) towards MDA re-imbursement for participation in the above Exhibitions will be available to all the participants.   As regards the above-mentioned MDA benefits, it may be noted that for participating in Exhibitions in the Latin American Region, all participating companies irrespective of the turnover of exports of their companies, will be eligible to claim MDA re-imbursement for participation in the above Exhibitions, subject to the fulfillment of certain basic conditions.  As the last date for submission of dully filled-in MDA Application Form to the Council is 22nd June, 2015, all confirmed participants should ensure its submission on or before the expiry of this date, as otherwise, MDA benefit will not be available to anyone. However, since the venues, which have been identified for organizing the above Exhibitions can accommodate only 10 Exhibiting companies with a booth of 9 sqm (3 x 3 mtrs) each, the Council will be able to accommodate participation of 10 companies only on first-come-first-serve basis.   We may also like to mention here that the member-companies, which were earlier scheduled to participate in the above exhibitions but had to postpone their trip due to some unavoidable circumstances at our end, will be given first preference to confirm their participation.

Since the Council is scheduled to organize the Exhibitions in El Salvador & Honduras for the first time, select pre-fixed business meetings for each of the participants on one-to-one basis will be organized during the above exhibitions.

As regards the Visas to visit the above stated Central American countries based in the Latin American Region, as you are also perhaps aware, any one holding US / Schengen Visa will easily be able to travel the above countries without any further Visa.  However, members are also requested to contact their Travel Agents in this matter to have more details.  As regards your proposed travel Itineraries to visit these countries in connection with the SRTEPC Exhibitions during July 2015, members need to arrive at least in the morning on the previous day for each of the Exhibitions to enable them to attend various activities relating to the Exhibitions including arranging display of their sample-products in their respective exhibition-booths. 

In view of the above, all those interested in participation in the above Export Promotion Programmes of the Council in the Latin American Region, are requested to confirm their participation in the Exhibitions with full payment of their participation charge of Rs.2.70 lakhs (net) along with dully filled-in Reply Form (download) at the earliest but not later than 22nd June, 2015 (Monday).  To ensure quick payment for participation charge to the Council, prospective participants in the above exhibitions are requested to send their payments through RTGS on the basis of the Bank details indicated in the Reply Form.  We may also like to inform you that the payment, which will be made for confirming above participation is non-refundable.  However, if the show is cancelled for any reason by the Council, full refund of participation fee will be given to all the participants.

We look forward to receive your confirmation very soon.

 

Regards,

Srijib Roy

Joint Director

Encl: Reply Form


  29th April 2015

To, Members of the Council,

Re: Proposal to organise exclusive Indian Textile Exhibitions/Buyer Seller Meets in El Salvador & Honduras during June/July 2015

We are glad to inform you that the Council, as part of its export promotional programmes for the year 2015-16, proposes to organize first-ever exclusive Indian Textile Exhibitions/Buyer-Seller Meets for 2 days each in El Salvador and Honduras during June/July 2015 in association with the Embassy of India in Guatemala, which oversees the working of different matters in these countries.  These proposa,ls under the "Focus Latin American Scheme”, which await confirmations from the Ministry of Commerce & Industry, Govt. of India, were identified with a view to significantly enhance India's trade in this region.

Objectives:   These programmes are aimed at:

  • Providing opportunities to new exporters to develop contacts/ meet prospective buyers/agents to generate business enquiries.
  • Helping the existing exporters to these markets to expand their trade contacts with prospective customers for doing business with them.
  • Creating/enhancing awareness among potential Buyers in these markets about the strengths/ capabilities of India, as one of the reliable manufacturers/exporters of MMF textiles in the world.
  • Enabling member-participants to understand specific requirements for import of MMF textiles of the above high priority markets in the Latin American Region.   

Product Coverage: The Council proposes to showcase the entire range of Indian synthetic, rayon and blended textiles including Yarns and Fabrics, which fall under the purview of the Council.

Market Potentials: Honduras and El Salvador are two strongly emerging economies in Latin America. The textiles and apparel sectors play key roles in the economies of these two countries. Honduras is the center of the Central American Apparel Industry. Today, it is the fourth largest supplier of apparels to the U.S. market in the world, and the largest in the Central American and Caribbean regions. 

The United States has been the largest supplier of fabrics to Honduras. Local producers of fabrics do not compete directly against U.S. producers/exporters of similar products. However, a few local firms have developed a small-size Industry, which produces for the local and export markets, especially those in Central America. Honduras though sources finished apparel products from the U.S., the volume and the size of the market have been relatively smaller.

Highlights of the El Salvadorean Market

  • The Textile and Apparel Industry is one of the strongest pillars of the El Salvadoran economy, as it accounts for over half of the total exports made by the country.
  • Imports of textile & clothings into El Salvador from the world reached US$ 1.62 billion during 2014.
  • Total imports of MMF textiles from the world by El Salvador during 2014 stood at US$ 846.07 million, of which India’s share was only US $ 15.71 million (1.85%).
  • Apparels account for nearly 24% of total imports worth US$393.48 million from the world into El Salvador.
  • The exports of Indian Man-made fibre textiles to El-Salvador during 2013-14 stood at only US$ 6.34 million - registering a growth rate of 13.09%, as compared to that of the previous year.
  • India’s share in imports of textile & clothings into El Salvador was merely 1.10%, which is around US$ 17.99 million in 2014.
  • Yarns are the dominant items in India’s export basket to El Salvador with a share of nearly 50%, followed by fibre 38%, and fabrics 12%.
  • The US continued to be the main destination for El Salvadoran export of textiles & clothings, as the country accounted for 76% of total T & C exports made by El Salvador.

Highlights of the Honduras Market

  • Imports of textile & clothing into Honduras from world rose to US$ 184.67 million during 2013.
  • The total imports of MMF textiles from the world by Honduras during 2013 stood at US$ 38.11 Million, of which India’s share was only US $ 0.50 Million (1.32%).
  • Exports of Indian Man-made fibre textiles to Honduras during 2013-14 amounted to only US$5.14 million.
  • India’s share in imports of textile & clothing by Honduras is merely 1.99%, which is valued to US$ 3.68 million in 2013.
  • Import of Made-ups from the world into Honduras reached US$ 61.63 million with a share of over 33%.
  • Yarns are the dominant items in the export basket of Honduras with a share of nearly 84%, followed by fabrics 14% and fibre 2%.

Venues of the proposed Exhibitions: Since currently, the concerned Embassy of India is in the process of identifying suitable venues in El Salvador and Honduras, as soon as the same are finalized, we shall communicate the same to you shortly. 

Publicity & Promotion: The Council will carry out a Publicity/Promotional programme by way of advertisements, Exhibitors Catalogues, separate Invitations, Tele-marketing/Mass-mailing with the help of the Embassy of India and local Service Providers to ensure the visit of trade visitors to the Events including Importers, Indenting Agents, producers of Garments etc. there. 

Bookings of air-tickets, hotel accommodations & assistance for Visa: The Council will offer necessary assistance to representatives of participating companies for all the matters relating to the bookings of air-tickets, arranging hotel accommodations and obtain their Visas.  As regards Visa, the Council will arrange to get passport details of participants endorsed by the concerned authority in the respective countries through the concerned Indian Embassy and help participants to obtain their Visa to visit the above markets.

Participation fees: While the exact amount of participation charges are being worked out by the Council in co-ordination with the Embassy of India to organize various requirements of the Exhibitions in El Salvador and Honduras, as soon as the specific amount towards participation fee is finalized, the same will be communicated to you soon.  However, in order to enable prospective member-participants to get an idea to immediately apply for participation in the above programmes, an estimated amount of Rs.2.80 lakhs has been worked out in the matter. 

In this connection, an Early Bird Discount of Rs.10,000/- will be offered to those confirming participation on or before 6th May 2015.  However, since the exact amount of participation fee will be communicated shortly, anyone, confirming participation on or before the above mentioned deadline, will also be allowed to withdraw his participation, in case, the participation fee is not acceptable to him without any loss of money.

Marketing Development Assistance (MDA) : The above programmes have been proposed by the Council for confirmation to the Ministry of Commerce & Industry for offering financial assistance  to member-participants through MDA scheme for their participation in the above Exhibitions.  Accordingly, if confirmed, those eligible for claiming MDA will get a maximum amount of reimbursement of Rs.1,25,000/-(Rupees One Lakh Twenty Five Thousand) for participation in both the programmes, subject to the fulfillment of prevailing terms & conditions.

Terms and Conditions : Participants will be given a standard exhibition-booth of 9 sqm size each with necessary furnitures, display props, lights etc. on the basis of their availability in the above markets to display their products, and conduct meetings for negotiations with buyers/visitors.  However, participants, who may be interested in booking more than one booth, the allocation of the same will be decided absolutely on the basis of availability of extra booths/space.  The other terms & conditions for participation in the above Exhibitions are as follows:

  • Participation in both the Exhibitions in El Salvador and Honduras is compulsory.  Hence, none will be allowed to participate in any one of the above mentioned two Exhibitions.
  • Estimated amount of Participation fee, as mentioned above, does 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 to the above Exhibitions at its own cost.
  • Considering space constraint and the size of the market, the Council proposes to select around 15 companies for participation in the above Exhibitions.  Hence, participation will be accepted strictly on the “First-Come-First-Serve” basis.
  • Booth packages include one discussion table, three chairs, two fabric-display stands (for fabric producers/exporters), or two yarn shelves (for yarn producers/exporters),  or one fabric-display stand & one yarn shelf (for producers/exporters of both yarn & fabrics), adequate lights and one waste-paper basket on the basis of local availability only. Any other extra requirements will have to be borne by participants on the basis of additional costs.

Participation/Cancellation Policy : Since the exact amount of participation charges is being finalized and hence, the same will be communicated to prospective member-participants shortly, if actual amount of participation fee is not acceptable, any participant - confirming his participation on the basis of the above-mentioned estimated participation charges, will be allowed to withdraw his participation from the above Exhibitions immediately after being informed about the actual amount of charges without any cancellation charges.  However, subsequently after the confirmation of final amount of participation charges, any subsequent cancellation will be decided on the basis of the following Cancellation Policy :

  1. No cancellation charge, if withdrawn within 6 days from the date of informing the actual amount of participation fees to members by the Council.
  2. With 60% cancellation charge, if participation is withdrawn just after 7 days from the date of communicating the actual amount of participation charges.
  3. With 90% cancellation charge, if cancelled after 8 days from the final date of communicating the amount of participation charges.
  4. No refund will be available, if participation is withdrawn on any time thereafter.

How to apply : Members, who are interested in participating in the above Exhibitions, are therefore 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 estimated amount of participation fees, as indicated above. Confirmation of participation in above Exhibitions 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 15th May 2015.  Participation charges may also be transferred to the Council on the basis of the RTGS details given in the “Application Form”.  Since the number of booths are very limited (around 15 only), participants will be selected absolutely on “First-come-First-serve” basis with full payment.

Awaiting your immediate reply.

Thanking you,

Yours faithfully,
 

V. ANIL KUMAR
EXECUTIVE DIRECTOR

Encl : Application Form

 

6th May, 2015

 

TO MEMBERS OF THE COUNCIL

Re: No Maximum limit of export turnover required to claim MDA benefit by member-companies for participation in Exhibitions/Fairs in LACs

 

As you are aware, the Council has proposed to organize first ever Exhibitions / Buyers Sellers Meets at San Salvador in El Salvador and San Pedro Sula in Honduras during June/July 2015 in association with Embassy of India in Guatemala City. 

Market Potential:

Honduras and El Salvador are two strongly emerging economies in Latin America. The textiles and apparel sectors play key roles in the economies of these two countries. Honduras is the center of the Central American Apparel Industry. Today, it is the fourth largest supplier of apparels to the U.S. market in the world, and the largest in the Central American and Caribbean regions. 

Exports of Indian MMF textiles to El Salvador

Exports of Man-made fibre textiles to El Salvador were valued at over USD 6.33 Million (refer the below-mentioned Table A) during 2013-14, as against the performance of USD 5.50 Million during 2012-13 --- showing an impressive growth of nearly 15.09%.  There is scope to increase our exports to El Salvador.  The main items exported to El Salvador are  Polyester Filament Yarn, Texturised Yarn, Polyester Staple Fibre, Polyester Blended Fabrics, Shirting and Polyester Viscose Fabrics, etc.

Table A

               Value in USD Mn

 Year

Fabrics

Made-up

Yarn

Fibre

Total

2009-2010

0.53

0.02

0.22

1.46

2.23

2010-2011

0.27

0.06

0.65

0.82

1.80

2011-2012

0.44

0

2.54

1.24

4.22

2012-2013

0.21

0

3.7

1.59

5.50

2013-2014

0.78

0

3.11

2.44

6.33

 

Exports of Indian MMF Textiles to Honduras

Exports of Man-made fibre textiles to Honduras were valued at over US$ 5.14 million during 2013-14 (refer the below-mentioned Table B).  Though our trade to Honduras has declined during 2013-14, it is hoped to have growth in our trade in the coming years.  Export of Yarn and fabric consists of nearly 98% of total exports of Man-made fibre Textiles from India.

Table B

Value in US$ Mn

Year 

Fabrics

Made-up

Yarn

Fibre

Total

2009-2010

0.21

0

2.1

0

2.31

2010-2011

0.27

0

4.64

0

4.91

2011-2012

0.88

0

5.3

0

6.18

2012-2013

1.54

0

5.61

0

7.15

2013-2014

0.71

0.02

4.31

0.1

5.14

 

Publicity & Promotion :

The Council will carry out a Publicity/Promotional programme by way of advertisements, Exhibitors Catalogues, separate Invitations, Tele-marketing/Mass-mailing with the help of the Embassy of India and local Service Providers to ensure the visit of trade visitors to the Events including Importers, Indenting Agents, producers of Garments etc. there. 

Participation fee :

While the exact amount of participation charges are being worked out by the Council in co-ordination with the Embassy of India to organize various requirements of the Exhibitions in El Salvador and Honduras, as soon as the specific amount towards participation fee is finalized, the same will be communicated to you soon.  However, in order to enable prospective member-participants to get an idea to immediately apply for participation in the above programmes, an estimated amount of Rs.2.80 lakhs has been worked out in the matter. 

In this connection, an Early Bird Discount of Rs.10,000/- will be offered to those confirming participation on or before 6th May 2015.  However, since the exact amount of participation fee will be communicated shortly, anyone, confirming participation on or before the above mentioned deadline, will also be allowed to withdraw his participation, in case, the participation fee is not acceptable to him without any loss of money.

Marketing Development Assistance (MDA) : Though there is a maximum limit of export turnovers (Rs.30 crores) for claiming financial assistance by member-participants through MDA Scheme for their participation in Exhibitions organized across the world (excepting LACs), no such maximum limit of Rs.30 crores as export turnover in the previous year is needed to claim MDA benefit by member-participants for their participation in Exhibitions organized by the Council anywhere in the LATIN AMERICAN / SOUTH AMERICAN REGION subject to fulfillment of certain conditions.  Considering this exception, which has been allowed by our Govt. to encourage exports of textiles by Indian companies in the highly potential but yet least exploited region in Latin America / South America, any member-company wishing to participate in the Council’s forthcoming Exhibitions / Buyer-Seller Meets in El Salvador & Honduras will be eligible to claim MDA benefit after fulfilling some basic conditions.  Accordingly, those eligible for claiming MDA will get maximum amount of re-imbursement of Rs.1.25 lakhs for participation in both the programmes in El Salvador & Honduras.

Participation/Cancellation Policy : Since the exact amount of participation charge is being finalized and hence, the same will be communicated to prospective member-participants shortly, if actual amount of participation fee is not acceptable, any participant - confirming his participation on the basis of the above-mentioned estimated participation charges, will be allowed to withdraw his participation from the above Exhibitions immediately after being informed about the actual amount of charges without any cancellation charges.  However, subsequently after the confirmation of final amount of participation charges, any subsequent cancellation will be decided on the basis of the following Cancellation Policy :

  1. No cancellation charge, if withdrawn within 6 days from the date of informing the actual amount of participation fees to members by the Council.
  2. With 60% cancellation charge, if participation is withdrawn just after 7 days from the date of communicating the actual amount of participation charges.
  3. With 90% cancellation charge, if cancelled after 8 days from the final date of communicating the amount of participation charges.
  4. No refund will be available, if participation is withdrawn on any time thereafter.

 

How to apply : Members, who are interested in participating in the above Exhibitions, are therefore, requested to immediately confirm their participation by sending the duly filled-in enclosed Reply Form with the full estimated amount of participation fees.   Confirmation of participation in above the Exhibitions 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 15th May 2015 (without early bird discount).  Participation charges may also be transferred to the Council on the basis of the RTGS details given in the “Reply Form”.  Since the number of booths are very limited (around 15 only), participants will be selected absolutely on “First-come-First-serve” basis with full payment.  For more details, you can refer our earlier Circular dated 29th April, 2015.

We look forward to receive your reply soon.

Thanking you,

Yours faithfully,

 

V.ANIL KUMAR
EXECUTIVE DIRECTOR

Encl: “Reply Form

 

Date : 11th May, 2015

TO MEMBERS OF THE COUNCIL

RE : Final dates & participation fee for the Exhibitions in Honduras & El Salvador during June 2015

This has reference to our earlier Circular dated 29th April, 2015 for the Exhibitions in Honduras & El Salvador during June/July 2015.

In this connection, as regards participation fee, kindly be informed that the actual amount of participation fee has been fixed at Rs.2.70 lakhs (instead of earlier projected amount of Rs.2.80 lakhs) for both the Exhibitions in Honduras & El Salvador.  As for the dates & venues for the Exhibitions in Honduras & El Salvador, please note the following, which we have finalized in co-ordination with the concerned Embassy of India :

  1. For the Exhibition in Honduras :
    • Dates : 22 & 23 June, 2015
    • Venue : Hotel Real Intercontinental, San Pedru Sula.
  1. For the Exhibition in El Salvador :
    • Dates : 25 & 26 June, 2015
    • Venue : Hotel Hilton Princess San Salvador, San Salvador

Considering the above, you are requested to confirm your participation with payment on or before 16th May, 2015.

Awaiting your immediate reply

Regards,

Srijib Roy
Joint Director

 

Urgent & Most Immediate!

 

To,

Members of the Council

Re : Final call for confirming participation in SRTEPC Exhibitions in Honduras and El Salvador

in Latin American Regions from 22nd to 26th June 2015

 

As you are aware, the Council has proposed to organize exclusive Exhibitions of textiles vide its Circular message dated 29th April’15 in the above mentioned Latin American countries on the basis of the following details :

 

1)         Exhibitions in the Central American Region :

a)                  Exhibition in San Pedro Sula in Honduras from 22nd to 23rd June 2015

b)                  Exhibition in San Salvador in El Salvador from 25th to 26th June 2015

2)         Venues of the Exhibitions :

a)                  Honduras - Hotel Real Intercontinental, San Pedro Sula

b)                  El Salvador - Hotel Hilton Princess San Salvador, San Salvador

3)         Participation charges : Rs.2.70 lakhs (for both the Exhibitions)

4)         MDA Assistance :

Since there is no maximum limit of export turnover to obtain MDA grant for participation in Exhibitions in the Latin American Regions, all member-companies irrespective of the export turnover can claim re-imbursement of Rs.1.25 lakhs through MDA Grant, subject to the fulfillment of certain conditions.

For more details about the above Exhibitions, you may refer to our earlier Circular dated  29th April 2015, which is available in our website : www.srtepc.in.

Since, we need to close our participation latest by Tuesday (19th May’15), in case, you are keen to participate in the above mentioned Export Promotion Programmes, you need to send your participation fees of Rs.2,70,000 by cheque/DD (outstation companies) or through RTGS transfer (details given below) immediately but not later than 19th May’15 (Tuesday) along with duly filled-in Reply Form (copy attached)

Name of the beneficiary         : The Synthetic & Rayon Textiles Export Promotion Council

Name of the Bank                   : IDBI Bank Ltd.

Branch                                     : IDBI Tower, WTC Complex, Cuffe Parade, Mumbai – 400 005

Account No.                           : 0126103000005395

MICR Code No.                     : 400259017

IFSC Code No.                         : IBKL0000126

It may be mentioned here that if the payment does not come on or before the above mentioned date, we shall not be able to accept your participation, as we need to firm up the necessary contracts with the concerned vendors involved to organize the Exhibitions.

Awaiting your reply soon.

 

Regards,

Srijib Roy

Joint Director

 

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