New Delhi:(Report By :Nikita& vivek) Inauguration of the 55th India International Garment Fair, 2015 is held in Pragati Maidan this Monday. IIGF is India’s largest garment show in South Asia, covering Apparel and Fashion Accessories. Various global garment markets participated in the event. There were more than 400 exhibitors who would be putting their best collection and latest fashion for display for the 55th IIGF. The exhibition would be showcasing various western attires, accessories and bags of recent trends in the market.
Smt. Sunaina Tomar, JS (Exports), Ministry of Textiles said, “This event has exhibitors from across the length and breadth of India, including Rajasthan, Tamil Nadu, Maharashtra, West Bengal, Madhya Pradesh, Uttar Pradesh, Gujarat, Orissa, Karnataka, Haryana, Punjab and Delhi”. The foreign buyers were from UK, USA, Turkey, Australia, Russia, Japan, Hong Kong, UAE, Spain etc. Speaking on the target fixed by the Ministry of Textiles, for the financial year 2015-16of 18.7 Billion USD which is 11% higher than the last years actual achievement, Shri Virender Uppal, Chairman of AEPC, stated that, “We could achieve 99.66% of the target in the last FY (2014-15) registering a growth of 12.3% percent and USD 16.85 billion in value times”.
By accomplishing the above strategy through simplified procedure for manufacturing including labour, taxation, statutory returns and single window clearances and assessments. This event is being held from 13th to 15th July 2015, at Pragati Maidan, New Delhi.