The Fabrics, Accessories & Beyond Show 2024 (FAB Show 2024), organized by the Clothing Manufacturers Association of India (CMAI), concluded its fourth edition with resounding success. Held at the Bombay Exhibition Centre, Mumbai, from April 15 to April 17, the event surpassed industry expectations, igniting optimism and projecting high business prospects for the textile sector. With an estimated business generation exceeding 2,100 crores, the three-day trade show emerged as a pivotal platform for industry stakeholders.
Impressive turnout and international presence
Drawing attention from across the nation, the FAB Show welcomed 10,200 trade visitors representing more than 320 cities in India. Notably, the event witnessed the participation of over 1,500 elite platinum buyers. Adding to its international allure, buyers from 16 countries, including Bangladesh, UAE, and the USA, graced the show, underscoring its global significance. The presence of sourcing heads from esteemed brands like Aditya Birla Fashion & Retail and Reliance Brands further underscored the event's stature as a premier sourcing destination.
Industry reflections and projections
Rajesh Masand, President of CMAI, hailed the success of the FAB Show, emphasizing its far-reaching impact on the garment industry's supply chain. Masand highlighted the event's role in fostering immediate business opportunities and forging long-term strategic partnerships, instilling confidence in the industry's trajectory. Against the backdrop of subdued demand and recent challenges, such as amendments affecting MSME payments, the FAB Show's triumph signals a revitalized industry poised for growth.
Innovation and sustainability take center stage
The 2024 edition of the FAB Show emerged as a hub for innovation and sustainability within the textile and apparel sector. Over 200 domestic exhibitors, including industry stalwarts like Grasim and Arvind, showcased cutting-edge offerings, emphasizing environmental consciousness and circularity. Naveen Sainani, Chairman of FAB Show, underscored the event's commitment to driving growth while promoting sustainable practices. The Sustainability Zone, a highlight of the fair, spotlighted fabrics crafted from recyclable materials and advocated for responsible waste management.
Regional Excellence: The Surat pavilion
The Surat Pavilion, organized by the Southern Gujarat Chamber of Commerce & Industry (SGCCI), stood out as a beacon of regional excellence at the FAB Show. Hosting over 40 leading fabric manufacturers, the pavilion showcased the latest trends and catered to the evolving needs of the garment industry. Siddharth Dhawan, Director of Gokul Tex Print, expressed confidence in the region's growth trajectory, foreseeing signs of expansion in the coming months.
Positive industry outlook
Murugan Thenkondar, President of Marketing & Global Head of Business Development at Aditya Birla (Cellulosic Fibres), highlighted the resilience of the domestic market amid global uncertainties. With a focus on the textile value chain, the FAB Show provided a comprehensive platform for industry players to meet sourcing requirements and foster business collaborations. Sailesh Kukreja, Managing Director of Bhagwan Enterprise, commended the organizers for facilitating a dynamic and well-attended exhibition, paving the way for future successes.
Commitment to sustainability
Amid growing environmental consciousness, industry participants like J P Singh of Ramtex - Parmeshwari Silk Mills, emphasized their commitment to eco-friendly practices. The adoption of sustainable processes not only aligns with consumer preferences but also reflects a broader shift towards responsible consumption. With markets expanding beyond traditional strongholds, manufacturers are witnessing increased demand for eco-friendly fabrics across diverse regions.
Exciting engagements and rewards
In addition to business engagements, the FAB Show offered visitors and exhibitors a chance to participate in a lucky draw contest. With prizes ranging from scooters to holiday vouchers, the contest added an element of excitement and further enhanced the event experience.
As the curtains close on the FAB Show 2024, industry players are poised to leverage the momentum gained from the event. With renewed optimism and a steadfast commitment to innovation and sustainability, the textile industry sets its sights on a future marked by growth and resilience.
