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'Apparel exporters ready to capture larger market share'
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SME Times News Bureau | 23 Feb, 2020
Though Indias readymade garment exports showed a marginal increase in
April 2019-January 2020 period, apparel exporters are confident of
capturing a larger market share due to the renewed enthusiastic support
of the government, the Apparel Export Promotion Council (AEPC) said in a
statement on Sunday.
The statement cited AEPC Chairman A. Sakthivel saying this while addressing the body's 42nd Foundation Day here on Saturday.
The
statement said that the Chairman has brought up issues being faced by
apparel exporters and discussed ways to promote apparel exports iin his
recent interactions with Finance Minister Nirmala Sitharaman, Commerce
Minister Piyush Goyal and Textiles Minister Smriti Zubin Irani.
"While
the government has prepared the ground for 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," he said.
"Having started out
of a small office space in Nehru Place in Delhi as a quota monitoring
entity, our Council today has a countrywide presence with 12 offices and
a 8,000 strong membership constitution of almost all large production
houses, trading houses and small & medium scale units," Sakthivel
said.
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. "The
apparel sector is the largest employment provider after agriculture and
employs 12.90 million workers, of which 65-70 per cent are women," he
added.
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