Participation in “Source India 2022’, SRTEPC’s flagship Global Reverse Buyers Sellers Meet from 20 to 22nd March 2022 at Surat

9^th February, 2022

Dear Member,

Greetings from SRTEPC!

Sub: Participation in “Source India 2022’, SRTEPC’s flagship Global Reverse Buyers Sellers Meet from 20 to 22^nd March 2022 at Surat.

I am pleased to inform you that the Council is organizing the 6^th edition of its Mega Reverse Buyers-Sellers Meet (RBSM), ‘Source India’ in Surat from 20 to 22^nd March 2022 by inviting buyers from Europe, Asia, Africa and South America among other regions. The 3-day Flagship Export Promotion Programme of Textiles, approved by the Ministry of Commerce & Industry, Govt. of India, is being held by the Council under the MAI Scheme at Surat International Exhibition & Convention Centre (SIECC), Surat.

The objective of holding the 3-day Mega Export Promotion Programme in Surat is to showcase Surat as the leading centre of production of synthetic fabrics in India and to highlight Council’s programe of “Focus Surat” to further develop this thriving textiles centre as a hub of production and exports of synthetic fabrics in India.

Source India 2022 will be attended by more than 75 Fabric, Yarn, Fibre & Garment Manufacturers and Importers, Representatives of International and Indian Buying Houses, Procurement Managers of Global Retail Chains, Sourcing Agents and Wholesalers as well as Domestic Manufacturers and Suppliers will be present at the mega RBSM to transact business. Source India 2022 will be a great opportunity to members for negotiating business deals with International buyers of Man-made Fibre Textile Products under one roof without expenses and effort of traveling abroad besides saving on time.

The Reverse Buyers Sellers Meet is being widely publicized to attract discerning foreign buyers from the leading markets of textiles including Egypt, Turkey, Sri Lanka, Thailand, Ethiopia, Ukraine, Uzbekistan, Bangladesh, Colombia, Mexico, Brazil, Germany, Guatemala, Belgium and many such MMFT potential countries including organizing Road Shows in some countries to promote the event. The Council has put in place an elaborate selection process including identification and nomination of the leading importers in each country with the assistance of the respective Indian Embassies as well as the leading textile trade bodies.

Each selected buyer will be offered complimentary economy class return airfare, hotel accommodation at the Business Class Hotels for 3 nights and air-conditioned transportation to travel to the event. During the Event, each of the exhibitors will get opportunity to discuss business with each and every invited buyer on a ‘one to one basis’ at the exclusive Business Lounge being created at the venue.

SRTEPC proposes to select around 100 member-companies of different product- groups on ‘first-come-first-served basis’ for participation as exhibitors in the Event at the following rate:

Rs.1 lakh + 18% GST for a 9 sqm. furnished booth (shell scheme)
Rs.9,000/- + 18% GST per sqm for raw space (Minimum 27 sqm.)

Booth Package for Shell Scheme : 1 Table, 3 Chairs, 3 Fabric Rod/Stand ; Or 3 Yarn Shelves ; Or 2 Fabric Rod/Stand & 1 Yarn shelf (depend upon products of the exhibitors), 1 Fascia Board, 3 spot lights, 1 Power Socket, 1 Dustbin.

Member-companies, willing to book raw space, all other additional requirements for constructing booths, designing charges, and arrangements of necessary furnitures/product display equipments including cost for electrical fittings and consumption of power etc, will have to be borne on their own.

Terms & Conditions:

Application Form can be submitted through online only.
Exhibition Booths will be allotted only upon receipt of full payment for space.
Allocation of stand/booth will be done on “First-Come-First-Serve” basis.
Last date of confirmation of participation will be 5^th March 2022.
While 80% cancellation charge will be imposed, if participation is withdrawn on or before 10^th March 2022, no refund will be available thereafter.
Any dispute or differences arising out of these Terms & Conditions of participation shall be referred to the Steering Committee on RBSM of the Council, whose decision shall be final and binding.
In the event of any postponement/abandonment/cancellation of the Fair due to any reason beyond the control of SRTEPC, it shall not be liable for any resultant loss or liability.

In view of the above, we are sure that you will not like to miss this excellent opportunity for participation in Source India 2022 in Surat to meet your foreign customers. It is, therefore, requested to immediately book your stall/space by applying online and filling Application from along with full payment by cheque/DD to be drawn in favor of “The Synthetic & Rayon Textiles Export Promotion Council, Mumbai” at the earliest. The amount can also be paid to the Council through Bank transfer. The bank details are as follows:

Name of the beneficiary: The Synthetic & Rayon Textiles Export Promotion Council
Name of the Bank: Union Bank Of India
Branch : V N Road, Churchgate, Mumbai
Bank Account No. : 319501010036617
MICR Code No. : 400026021
IFSC Code No. : UBIN0531952
Council GSTIN No.: 27AAATT0077C1ZR