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‘India
must develop one of its cities into an international trade platform’
Interstoff
Asia has been serving the international textile community since
1987 and has become a significant marketing and sourcing platform
for fabric manufacturers and buyers. As Interstoff Asia Spring gets
set to open this week, Ms Katy Lam, general manager, Messe
Frankfurt (HK), in an exclusive interview with Steena Joy,
describes how the 2003 edition will be different, especially for
India.
Apparel
fabrics from India will be one of the highlights at this years
Interstoff Asia Spring. How can Indian exporters benefit from this?
This
is a unique opportunity for Indian companies to come together to
show over 9,000 international trade buyers what India has to offer,
and to demonstrate why they should consider buying textiles from
India. In the lead up to the elimination of trade quotas in 2005
it is more important than ever for countries to promote their products
to international buyers. By highlighting Indian apparel fabrics
at Interstoff Asia Spring we want to show global buyers that India
has a strong and vibrant textile industry that can supply good quality
fabrics at acceptable prices.
In
the past few years there has been significant reform in Indias
textile industry, resulting in increased efficiency, productivity
and quality. For apparel fabric buyers and sourcers, this means
quality products at competitive prices. As well as the products
displayed at the exhibitors booths, we will also have a central
display of fabric swatches to show the product variety and unique
characteristics of Indian fabrics. Also the seminar programme will
feature sessions by Indian industry experts to tell our visitors
how the countrys textile industry is handling recent reforms,
and the benefits that will be passed on to overseas trading partners.
Also, I think that Indian companies can benefit from a better understanding
of the role of Asia and Hong Kong in the international market, which
they can do at Interstoff Asia.
Can
you comment on Indias participation at the previous Interstoff
Asia Spring? How does it compare to this years response?
There
were 7 Indian exhibitors at Interstoff Asia Spring 2002, and we
expect around 9 or 10 this year, which is similar to the participation
in previous shows. I am a bit disappointed by the lack of response
from the Indian textile manufacturers, as we will have a special
focus on India this spring.
How
does India compare to China in terms of the variety of apparel fabrics?
India
and China have many similarities in the apparel fabrics they produce.
Both are strong in traditional products such as silks. Both nations
provide for an enormous domestic market, as well as for export.
And both have cheap labour and have recently gone through reforms
resulting in them investing heavily in machinery, so they can now
produce quality and new fabrics and therefore increase their competitiveness
in the international market.
Can
we hope to some day be host to Interstoff Asia Spring? What steps
does our government need to take to be able to host international
trade shows like Interstoff?
To
host an international trade fair such as Interstoff Asia, India
must develop one of its cities into an international trade platform.
For example, Hong Kong has established itself as a hub for the textile
and garment trade. We are the second largest exporter of garments
and we are also one of the leading importer and exporter of textiles.
Hong
Kong is also the worlds freest economy - it has free port
status, free currency exchange, state-of-the-art infrastructure,
free flow of information and strong legal and financial sectors
and expertise in international trade. All these factors make Hong
Kong a trouble free location for foreign companies to channel their
business in Asia, and therefore provides and ideal location for
an international trade show such as Interstoff Asia.
What
advice would you give Indian apparel manufacturers/exporters based
on your experience at Interstoff Asia?
I
am impressed with the reforms the Indian industry has undertaken
in the past few years. Now Indian manufacturers must take every
opportunity to explain to their potential export markets what their
strengths are. To this extent, Interstoff Asia has one major thing
going for it - real business is being done. Time and time again
I have heard from exhibitors that even when the halls arent
crowded, there are still quality customers on-site who want to talk
seriously about business. Thats why the exhibitors and visitors
keep coming back - Interstoff Asia is still the most important meeting
point for the apparel fabric industry in Asia Pacific for international
business.
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