National Garment Fair 2024: Spring-Summer Edition Sees Positive Momentum
03 February 2024, Mumbai
Held in Mumbai from January 29-31, the National Garment Fair (NGF 2024) Spring-Summer Edition attracted nearly 18,000 visitors and generated strong business activity.
This indicates positive momentum for the upcoming season, despite challenges faced by the industry.
Over 1,025 participants showcased more than 1,120 brands across various categories.
Nuanced view
Encompassing an expansive 700,000 sq. ft. across seven halls, the Spring-Summer Edition of the National Garment Fair 2024 (NGF 2024) was held at the Bombay Exhibition NESCO Complex in Goregaon East.
The trade show recorded robust business bookings and enquiries, suggesting a gradual return to normalcy in H1FY2025. It re-launched the CMAI Apparel magazine with a focus on exclusive content and trends.
Quotes
Rajesh Masand, President, Clothing Manufacturers Association of India (CMAI), said the revival of the apparel industry post-pandemic has been less than robust, with retailers contending with a substantial backlog of inventory.
The predominant driver of retail sales growth in apparel in the past year has been the result of both store and network expansions.
Rahul Mehta, Chief Mentor of the Clothing Manufacturers Association of India (CMAI), added that the notable expansion of major retailers and brands into Tier II and III markets in the past year played a substantial role in driving retail sales growth within the apparel segment.
This year, consumers are expected to refresh their wardrobes, signaling a return to normalcy in shopping pattern's significance.
