A new initiative of the CMAI, the Vendor Sourcing Fair will be held at the Hotel Sahara Star, Mumbai from April 22-23, 2020. “This fair will facilitate vendorship business between the buyers and sellers. Only those buyers who buy under their own label will be allowed,” says Rahul Mehta, Chief Mentor, CMAI.
Many brand owners in the SME sector have their own manufacturing capacities but they don’t leverage these capacities. “As the secondary supplier, we could allow brand owners to utilise their entire capacities. Though this is being done on experimental basis, we are getting positive reactions for it.”
A two-day event, the fair is expected to witness over 70 exhibitors. “We also expect 100 or 200 visitors, large format stores would also be part of them,” says Mehta. The Apex Awards shall also be held on the second night.