Date: 7th October 2021
TO MEMBERS OF THE COUNCIL
Re: Invitation to participate in Two-Day Virtual BSM with Brazilian Buyers, on 23rd and 24th November 2021
Dear Members,
The global trade has been steadily improving in view of encouraging buildup in consumer confidence with increasing vaccination drives worldwide.
To take advantage of this emerging globally market opportunity after almost 2 years of continuous halt, this Council is organizing Buyers – Sellers matchmaking between SRTEPC Member-exporters and leading Brazilian Textile buyers virtually for two-days on 23 and 24 November from 17.30 hrs. to 22:30 hrs. IST.
With regards to market potential for MMF textiles in Brazil, it is to highlight that consumption of MMF textiles in Brazil in Quarter 2 (April-June 2021) alone was around 1 billion US Dollar. As compared to Quarter 2 (April-June 2020), imports have increased around 90% in Quarter 2 (April-June 2021). Therefore, this is the most appropriate time to explore business possibilities to boost exports to Brazil.
Appointment of Brazilian Matchmaking Agency: To derive the objective of establishing fruitful business networks/ meetings of the SRTEPC Member-exporters with leading Brazilian Textile importers as per their respective product profiles, this Council under the guidance of the Consulate General of India in Sao Paulo, Brazil, is appointing a competent local matchmaking agency. Minimum 3 personalised B2B meetings for each company have been planned during the BSM.
MAI Assistance: This Virtual BSM is being organized under the Market Access Initiative (MAI) Scheme that will provide the eligible companies with financial assistance from the Ministry of Commerce & Industry, Govt. of India, by ways of subsidized participation charges, subject to the fulfillment of required terms and conditions.
Product profile of the BSM
Important Highlights of the SRTEPC-Brazil BSM
Event Name |
SRTEPC-Brazil BSM (Buyers – Sellers Matchmaking |
Mode of the Event |
Virtual |
Date |
23 and 24 November 2021 |
Time |
17.30 hrs. to 22:30 hrs. IST |
Product Profiles |
MMF Yarns, MMF Fabrics, Nonwovens, Embroidery Fabrics, Home Textiles, Fashion Accessories products, etc. |
Number of participants |
20 companies (with MAI Subsidy) |
Participation Fees |
Rs.5,000/- (Five Thousand only) |
Selection Criteria |
“first-come first-serve” basis |
Last date of Application |
12 October 2021 |
Cancellation Policy
|
* 80% Cancellation charge, if withdrawn on or before 15th October 2021. * No refund will be available, if withdrawn thereafter.
|
Application |
Conditions for availing MAI subsidy
IMPORTANT: The participation fee at Rs. 5000/ with the MAI Assistance is limited to 20 companies only. After this number, the floor price will be without MAI assistance which will be very high. Therefore, Members are requested to rush to apply immediately and make full payment to ensure your subsidized participation.
Thanking you,
Yours faithfully,
S. Balaraju
Executive Director
Encl: Reply Form
Note: Once payment is received by the Council, an online form link will be sent for duly fill in. Participants are also requested to keep ready the product pictures, artwork files, company summary, etc. for the website development must be provided by 20th October 2021.