Apparel exporters confident of capturing larger market share
The Apparel Export Promotion Council (AEPC) is confident of increasing in its market share during this year with the support of the Indian government.
During the April 2019-January 2020 period, India’s ready-made garment exports witnessed a marginal increase. However, during this current year, exporters are confident that garment exports from the country will increase significantly and already initiated talks with the government.
AEPC Chairman A. Sakthivel has already raised issues plaguing the apparel exporters and discussed ways to promote apparel exports with Finance Minister Nirmala Sitharaman, Commerce Minister, Piyush Goyal, and Textiles Minister, Smriti Zubin Irani.
To increase its exports, AEPC plans to participate in international fairs across the globe in the coming months.
"While the government has prepared the ground for the growth of man-made fibre production in the country with its removal of anti-dumping duty on PTA, the Council has planned to participate in mega exhibitions across the world to showcase Indian apparel," Sakthivel said in a statement.
“AEPC members will participate in various international fairs this year including India Tex Trend Fair in Tokyo and Pure London in July, Magic Fair in Las Vegas and Apparel Textile Sourcing in Canada in August, Who's Next in Paris in September, and Australia International Sourcing Fair in Melbourne in November,” he added.
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