Apparel Online India Magazine July 1st Issue 2018 | Page 9

MIND TREE Sushil Agarwal, Managing Director, Eves Fashion, Delhi Clash of such event dates is not a new thing, as we have seen many times that almost similar dates are alloted for Hong Kong Fashion Week and IIGF. In such a case, we try to figure out where more buyers or our perspective buyers will visit or which fair will benefit more. So we divide teams accordingly, or manage anyhow. Yes, within India, such clash of two major fairs is a new thing which seems just a matter of chance. But I know some companies which participate in both events and might get affected. Earlier, till a few years back, we used to do the same. Now we are not participating in CMAI event as here we observe major footfall of small retailers, rather than good chain stores. Navin Adwani, VP, GEAR, Jaipur With regard to similar dates of IIGF and NGF, it will definitely affect some garment exporters also catering to domestic market or entering into the same. Both of these exhibitions, are top fairs, in their segments. There are some companies who will not be able to participate in both the fairs so they have to miss the prospect of business opportunities at least in one fair. But we have to understand the dilemma of the organisers and the international events’ scenario, like 9-12th July is Hong Kong Fashion Week, 16-18th July is IIGF and 22-24th July is Pure London, so whether it is about dates or buyer’s visitation, there is a dilemma. Though there is no strong solution to this situation, a unified fair NEXT MINDTREE QUESTION Recent scams and increasing NPAs are creating pressure on banking sector. At the same time, balance sheets of apparel manufacturers, especially of exporters, are not showing good indications, resulting in huge pressure on financial limits. Are you also facing the heat of liquidity… How are you managing the working capital… What is the solution to this critical problem? at one common destination can be a good option. As far as technology fairs are concerned, I will only say that in a recent edition of VASTRA fair (garment sourcing event), there was a display of machines also. The show had a hall where machines were displayed by the machines providers. So, during exhibiting at the show, we had little spare time and booked machines in- between. All the stakeholders of this industry, be it organisers, participants or visitors, have to plan accordingly and support each other. POST YOUR COMMENTS www.apparelresources.com [email protected] www.apparelresources.com | JULY 1-15, 2018 | Apparel Online India 9