Date: 11th September 2019
Re: Invitation to participate in COLOMBIATEX, Medellin from 21 to 23rd January, 2020 with financial grant Under the MAI Scheme, MoC, Govt . of India.
Dear Members,
SRTEPC will be mobilizing participation of its member-companies and others in COLOMBIATEX being organized in Medellin City, Colombia from 21 to 23 January 2020.
Since the program is being organized under the Market Access Initiative (MAI) Scheme of the Ministry of Commerce, Govt. of India, all eligible participating companies will be given financial assistance through subsidized participation charges, subject to the fulfillment of certain conditions.
COLOMBIATEX is the largest Fair in Latin America for the entire Textile Value Chain, attracting buyers from all over the LAC region to source their textile requirements. The textile and apparel sector is one of the most important sectors in Colombia. The Colombian market offers tremendous opportunity for supply of yarns and fabrics for the manufacture of apparel.
The event will be publicized extensively by Inexmoda, the Organizers of the renowned International Fair in Colombia. The Council will also publicize the Fair suitably through a separate Exhibitors Catalogue, sending invites to relevant textile importers in Colombia and coordinate with the Indian Embassy to promote the event to the leading importers of textiles & clothing, among other publicity measures.
The highlights of participation in COLOMBIATEX are as follows:
GREEN PAVILION |
|||||
Sr.No. |
Booth Numbers |
Area |
size |
Type of booth |
Participation fees in INR |
1 |
VR228 |
2x3 |
6 sqm |
corner |
190000 |
2 |
VR226 |
3x3 |
9 sqm |
|
250000 |
3 |
VR224 |
3x3 |
9 sqm |
|
250000 |
4 |
VR222 |
2x3 |
6 sqm |
corner |
190000 |
5 |
VR234 |
2x3 |
6 sqm |
corner |
190000 |
6 |
VR232 A |
3x3 |
9 sqm |
|
250000 |
7 |
VR232 B |
3x3 |
9 sqm |
|
250000 |
8 |
VR230 |
2x3 |
6 sqm |
corner |
190000 |
9 |
VR200 |
2x3 |
6 sqm |
corner |
190000 |
10 |
VR198 A |
3x3 |
9 sqm |
|
250000 |
11 |
VR198 B |
3x3 |
9 sqm |
|
250000 |
12 |
VR196 |
2x3 |
6 sqm |
corner |
190000 |
13 |
VR206 |
2x3 |
6 sqm |
corner |
190000 |
14 |
VR204 A |
3x3 |
9 sqm |
|
250000 |
15 |
VR204 B |
3x3 |
9 sqm |
|
250000 |
16 |
VR202 |
2x3 |
6 sqm |
corner |
190000 |
WHITE PAVILION |
|||||
17 |
H12 |
3x3 |
9 sqm |
corner |
275000 |
18 |
BL200 |
3x3 |
9 sqm |
|
250000 |
19 |
BL202 |
3x3 |
9 sqm |
|
250000 |
20 |
BL204 |
3x3 |
9 sqm |
|
250000 |
21 |
BL206 |
3x3 |
9 sqm |
|
250000 |
22 |
BL208 |
3x2.5 |
7.5 sqm |
|
200000 |
23 |
BL210 |
3x2.5 |
7.5 sqm |
corner |
230000 |
Booth package:
· 6 sqm booth & 7.5 Sqm Booth: Wall Partitions, Carpet, Company name on the Facia, 1 Reception Desk, 1 Round Table, 2 Chairs, 2 Spot lights, 1 fabric display stand rod OR 1 yarn shelf, 1 Power Socket, 1 Waste paper basket.
· 9 sqm booth: Wall Partitions, Carpet, Company name on the Facia, 1 Reception Desk, 1 Round Table, 3 Chairs, 3 Spot lights, 2 fabric display stands or 2 Yarn shelves, 1 Power Socket, 1 Waste paper basket.
Please note that the participation fee is subsidized as per the MAI grant, but does not include airfare, hotel accommodation, transportation etc and the GST on participation fees has been waived off.
Financial Grant:
Visa: Though participants will have to obtain their visa on their own, the Council shall, however, facilitate their efforts to get Colombian Visa with the help of the Indian Embassy in Bogota, and the Ministry of Textile, Govt. of India
Hotel Reservation: Council will help to identify good hotels near to the venue at competitive rates in Medellin, in co-ordination with the Embassy of India for the benefit of our participants.
Colombian Textile/Clothing scenario: Colombia’s total import of textiles & clothing from the world is USD 2283.16 Million in 2018. It’s global import of MMF Textiles is USD 961.60 Million during the year 2018. India’s share in the Colombian market is 7% (or around USD 67.26 Million).
High-lights of Market potential for Man-made Fibre Textiles:
Colombia is a potential market for Indian MMF textiles as per the statistics given below:
MMF Textiles Products |
Import from World in 2018 (US$ mn) |
Import from India in 2018 (US$ mn) |
Share of India in 2018 (in %) |
Fabrics |
489.01 |
12.71 |
2.60 |
Made-ups |
128.25 |
3.28 |
2.56 |
Yarn |
301.21 |
48.90 |
16.24 |
Fibre |
43.14 |
2.36 |
5.48 |
Total |
961.60 |
67.26 |
6.99 |
Apply for participation:
Considering the limited availability of time for confirmation of participation in the above Fair, we look forward to receive your confirmation on or before 30th September, 2019.
Cancellation Policy: Withdrawal of participation from the above Fair will be allowed based on the following:
ü 80% Cancellation charge, if withdrawn on or before 5th October 2019
ü No refund will be available, if withdrawn thereafter.
We look forward to receive your confirmation soon.
Thanking you,
Yours faithfully,
S. Balaraju
Executive Director