Apparel exports up over 12 percent in June: AEPC

Top Stories

»	Govt to remove barriers in credit flow for MSMEs: Union Minister
»	Rupee slips to 78.68 against US dollar
»	India continues to grapple with 'severe and protracted power crisis' after surge in coal prices
»	Structured support to MSMEs can pave way for business growth
»	Over a quarter of MSMEs lost over 3% market share due to Covid: Crisil

Saurabh Gupta | 17 Jul, 2013
Despite the country's overall exports falling 4.56 percent in June-2013, the apparel exports have increased over 12 percent to USD 1240 million in June, informed the chairman of apex apparel export body in New Delhi.

"Apparel exports touched of USD 1240 million in June 2013-14 with increase of 12.13 percent against the corresponding month of last financial year," Chairman AEPC, Dr. A Sakthivel told media on the sidelines of the 51st India international Garment Fair (IIGF) - 2014 opens up in New Delhi at ITPO Paragti Maidan.

"Factory compliant manufacturing in India has surged with new and unprecedented export orders in the current season. World renounced chain stores and international brands have preferred expanding their sourcing of the merchandise from India."

"The flow of expansion of orders in India is expected to fetch additional USD 3 billion business in the country! India has been chosen as the best place due to the persistent improvement in factory capacity building through ambitious programme AEPC Common Code of Conduct - DISHA, an initiative of Ministry of Textiles," he added.

"As Chairman, Export Promotion, Ministry of Textiles and my Board expect me to strive hard. To achieve targets and meet our goal, we have targeted non-traditional markets like Chile, Uruguay, Columbia, Panama, Israel, Brazil, Australia, South Africa, Denmark, Croatia, Estonia and Japan," said Sakthivel.

He said, "We are putting energies in making garment collection, fabric shows and BSM in India. 24 Export Promotion Events planned for FY 2013-14, including participating in 7 International Fairs, organizing 6 overseas Buyer Seller Meets, and 11 domestic export promotion events."

July month has several important participations: Fatex Fair in Paris, France, Hong Kong Fashion Week Hong Kong and International Fashion Fair (IFF), Tokyo, Japan. "In August we are participating in the Sourcing at Magic, Las Vegas USA. BSM New York & Spain will follow, Chairman AEPC informed," he added.

The 51st IIGF will be from 15 -17 July'2013 at Halls Nos. 7D, 8 to 12 & 12A, Pragati Maidan, New Delhi.