1. About Apparel BSM
What is BSM?
Buyer Seller Meet is a unique initiative to bring potential buyers from across the globe to meet the quality
suppliers of India from various industry value chains.
Suppliers and exporters who can meet the standards and quality of exports will be invited to participate in BSM
where short listed buyers will be invited and hosted to interact with suppliers.
About Apparel BSM
The basic objective for organizing the BSM by inviting potential overseas buyers is to promote the capabilities
& developments of Indian Garments Industry as a major sourcing destination and facilitate B2B meetings
between Indian Exporters and overseas buyers, for sourcing garment products from India, establishing
marketing tie-ups and exploring business collaborations and joint venture agreements.
Benefits of Apparel BSM
• To provide a platform for building strong buyer and seller relations in specific products.
• To enhance marketing capabilities & competitiveness of the industry.
• To showcase the competencies, values and importance of participating Suppliers.
• Initiate strong buyer and seller relations which will ensure prospective business outcome in the long
run.
• To facilitate commercial and technical cooperation; explore possible joint ventures; and strategic
partnership.
• Participation in these events enables companies to know the requirements of individual buyers on the
one hand and help the buyers to know the capabilities for their products.
• Supply chain partnerships can be shaped between organizations to offer a level of stability and
encourage long term commitment from different stake holders.
A snap-shot on the Indian Garment Industry:
India's textiles and clothing industry is one of the mainstays of the national economy. It is also one of the largest
contributing sectors of India's exports worldwide. The report of the Working Group constituted by the Planning
Commission on boosting India's manufacturing exports during 12th Five Year Plan (2012-17), envisages India's
exports of Textiles and Clothing at US$ 64.41 billion by the end of March, 2017. The textiles industry accounts
for 14% of industrial production, which is 4% of GDP; employs 45 million people and accounts for 12% share
of the country's total exports basket. India is major exporting country as far as textile sector is concerned and not
dependent on import. Majority of import takes place for re-export or special requirement. In the global exports
of clothing, India ranked as the ninth largest exporter as per WTO data – 2012, with China, EU and Hong Kong
occupying first three slots. In the global exports of Textiles, India ranked as the third largest exporter, trailing
China and EU.