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Global Sources Fair to be held at Hong Kong, from 27-30 April 2018

The Indian Silk Export Promotion Council (ISEPC) is pleased to inform its members that the Council will lead National level participation in the above fair at Asia World Expo, Hong Kong in April 2018.

Over 17000 buyers from all over the world comprising of importers / exporters / wholesalers / retailers of textiles, fashion accessories, jewellery, bags and garments are expected to visit the show during 27-30 April 2018. The products on display will be Silk & Silk Blended products including textiles, fashion accessories, jewellery, bags, garments etc.

 

 The details of participation charges shall be as under:-

1.    Cost of standard 9 sq mtr stand will be Rs. 1,84,000/- subject to eligibility of Govt. of India subsidy + taxes as applicable.

2.    Corner/premium stand will be charged extra Rs. 1,42,000/- per stand.

The above activity is funded under MAI Scheme.  Approval and sanction of the same is expected.

The members desiring to participate may deposit the application as per format along with a deposit Rs. 50,000/- towards application registration by 15th February 2018 (RPT 15/2/2018). The application on scrutiny, if found eligible for subsidy will be asked to deposit balance payments as per payment scheduled as under:-

 

  1. Deposit along with application registration, by 15/2/2018               - Rs.    50,000                      
  2. 2nd installment within 7 days from the date of demand (allotment)    -  Rs. 1,00,000                                                                                 
  3. Balance latest by 15th March 2018.                                               - Rs.    34,000
  4. Total                                                                                              - Rs. 1,84,000

The allotment of Premium Stands shall be on first come first serve basis with deposit of Rs. 1,42,000/-. The priority for allotment of premium stand will be determined on the basis of final deposit of amount by both the applicants along with premium charges. The Council reserves the right to refuse participation to any applicant in case not found eligible, as per MAI guidelines, and the amount of advance deposited shall be refunded without any cut.  

Withdrawal by eligible applicants from participation shall not be allowed and the amount deposited on application registration shall stand forfeited. The non eligible applicants will be refunded the amount paid on application registration. The allotment of stands shall be made by draw of lots after receipt of full payment as mentioned above. 

The Council reserves right to refuse participation to any applicant in case not found eligible as per MAI guidelines without assigning any reason, and the amount of advance deposited shall be refunded without any cut. 

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 Global Sources Fair to be held at Hong Kong, from 27-30 April 2018