YFA 2016 MSME exhibitors can avail up to 90% subsidy under MAS

New Delhi, Sep 13 (KNN) The second edition of Yarn, Fabric & Accessories Trade Show (YFA) 2016 is scheduled for November 23-26, 2016 and exhibitors are now eligible to avail subsidies offered by the National Small Industries Corporation (NSIC). 

Participating MSME units can claim 60-90 per cent subsidy under various categories of Marketing Assistance Scheme (MAS) of NSIC, said an organizing member to KNN India.

He informed that it’s an exhibition for the raw material required in the textile industry starting from fibre to fabric, yarns, where all these parts will be exhibited in the show and the end users would be the retail chain, exporters and retail brands.

YFA 2016 aims to redefine the way fibres, yarns, fabrics and apparel accessories are sourced and bring renowned suppliers from the these four segments closer to buyers and also offer buyers a one-stop place to source all their requirements. 

“There are so many companies who have registered with the MSMEs and NSIC,” he said.

The show will provide exhibitors a chance to meet with high quality buyers from New Delhi, Gurgaon, Noida, Faridabad, Mumbai, Ahmedabad, Ludhiana, Bangalore, Hyderabad, Chennai, Tirupur, Ludhiana, Surat, Panipat, Meerut, Coimbatore, Salem, Karur, Erode, Madurai, Komarapalayam, in India as well as buyers from China, Bangladesh, Sri Lanka, Pakistan, USA, Myanmar, UK, Italy, China, Thailand and Middle East from overseas.

The members of the textile promoting associations such as CITI and apparel promoting associations such as AEPC and CMAI have been exploring new platforms for buying input material.

YFA 2016 will see exhibition space doubling from one hall to two halls in the 2016 edition. Additionally, WGSN, the global authority on fashion trends will be the Trend Partner.

There will be a special Chinese Pavilion, where around 40 Chinese exhibitors will showcase yarns, fabrics and garment accessories. A special highlight of YFA 2016 is the Denim Zone, which will see 20 top Indian denim fabric makers exhibiting their denim innovations. (KNN Bureau)