IFCOMA

Indian Footwear Components Manufacturers Association

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KOLKATA BUYERS SELLERS MEET, 2006 - REPORT

 
Mr. Sidhartha Roy Burman of Khadim India Limited mentioned that the industrial scenario in West Bengal under the leadership of the Hon’ble Chief Minister, Shri Buddhadeb Bhattacharya, has been very favourable and one should encash this situation in meeting the challenge. He stressed upon the need to rationalize VAT @ 4% on all types of footwear. At present it is differential in states and in rates too. How Delhi State can exempt VAT up to Rs 300/- of footwear when other states including Bengal footwear trade has to pay VAT at every price.

Shri P. P. Aqeel Ahmed & Mr. Siddhartha Roy Burman going around the stalls & interaction with participants

Mr. B. D. Bhaiya, Vice President (East) IFCOMA delivering a vote of thanks
Mr. P. R. Aqeel Ahmed, President Indian Shoe Federation & Managing Director of Florence Shoe Co. Limited, Chennai, emphasized in his keynote address, mentioned that some of the renowned international players in the footwear industry have been looking at India for sourcing out their bulk requirements and we, unfortunately, are not equipped to take up this additional requirement. He emphasized the need for footwear & footwear components industries to work hard and grow together to take up the challenge of grabbing this additional requirement.
Shri B. D. Bhaiya (VP East) in his vote of thanks assured the house to keep up activities to meet the demands of footwear industries. He thanked the Chief guest for sparing his valuable time and come all the way from Chennai to inaugurate and grace this occasion.
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