News Tags

Related Keywords: 16 percent year-on-year, 8 percent in dollar terms, AEPC, apparel by about 14 percent year-on-year, by 7 percent year-on-year, CITI, Indian apparel export, January this year, man-made textiles, ROSL, sharp fall in the exports of cotton textile, witnessed decline by 14 percent in rupee

Indian apparel export in January this year witnessed decline by 14 percent in rupee and 8 percent in dollar terms compared with the year earlier month, as per latest official data. The sharp fall in the exports of cotton textile by 16 percent year-on-year, apparel by about 14 percent year-on-year and man-made textiles by 7 per cent year-on-year contributed to the sub-optimum performance.

Related Keywords: AEPC, Autumn/Winter season, fashion show, Garment Exporters, half of Indian states, inaugurated the IIGF fair, India International Garment Fair, Minister of state for textiles, overseas garment buyers, participating in the fair, players in Apparel and Fashion Accessories, three day international fair

The 60th edition of India International Garment Fair (IIGF), the three day international fair which is a big platform bringing together overseas garment buyers and garment exporters, with almost half of Indian states participating in the fair was inaugurated today by Minister of State for Textiles, Shri Ajay Tamta, at Pragati Maidan, New Delhi.

Related Keywords: AEPC, Apparel Export Promotion Council, Association of National Institute of Fashion Technology, collaboration with 3M, connect with investors as well as mentors, help them achieve efficiency in production, NIFT Alumni, platform for the startups, set up new incubation facility recently inaugurated

The Apparel Export Promotion Council (AEPC) in collaboration with 3M, Association of National Institute of Fashion Technology (NIFT) Alumni set up new incubation facility which was recently inaugurated. The facility will be a platform for the startups to connect with the investors as well as mentors that could help them achieve efficiency in the production.

The centre to act as a launch pad for the startups – Micro, Small and Medium Enterprises (MSMEs), a release from the council informed.

Related Keywords: AEPC, Apparel Exports Promotion Council, boost apparel exports from Gujarat, Farm to Fashion, GCCI, Gujarat Chamber of Commerce and Industries, Gujarats garment manufacturing industry, help complete textile value chain, inaugurated its office in Ahmedabad

The Apparel Exports Promotion Council (AEPC) inaugurated its office in Ahmedabad on Tuesday to boost apparel exports from Gujarat. State chief secretary, JN Singh, along with state principal secretary (education) Sunaina Tomar were present at the inauguration ceremony on GujaratChamber of Commerce and Industries (GCCI) premises.

On the sidelines of the inauguration, GCCI also announced its international exhibition named 'Farm to Fashion' to promote textile and apparel industry of the state. The exhibition will be held in the second week of March 2018.

Related Keywords: AEPC, Apparel Export Promotion Council, apparels export relatively low, boost apparel export from Gujarat, bring in required international exposure, opportunities for the industry. Gujarat is the highest cotton producing state, set up office in Ahmedabad

Apparel Export Promotion Council (AEPC) plans to set up office in Ahmedabad to boost apparel export from Gujarat and also bring in the required international exposure and opportunities for the industry.

As Gujarat is the highest cotton producing state and has a burgeoning textile industry but the exports from the state, especially those for apparels are relatively low.

The council's office which will be operating out of Gujarat Chamber of Commerce and Industries (GCCI) will begin operations in the city by the end of December this year.

Related Keywords: AEPC, AEPC partners Fashionablyin, Buyers from all over the world, Fifty eighth edition, IIGF, India International Garment Fair, initiative of Ministry of Textiles, Make in India textile industry, promoting international trade, rushing to India, this January, through its apparel trade body, to be held capital city of New Delhi

Buyers from all over the world are rushing to India this January for the 58th edition of The India International garment fair (IIGF) an initiative of the Ministry of Textiles for promoting international trade through its apparel trade body Apparel Export Promotion Council (AEPC) to be held in the capital city of New Delhi.

Related Keywords: AEPC, aimed at improving competitiveness, announced by the government, approval by the cabinet, Employee Unique Identification Number, generating higher number of jobs, improving production, labour reforms, Special textile package, textile exports, yet to take off in terms of creating jobs

The special textile package approval by the cabinet and announced by the government in June which involves a total outlay of Rs 6,000 crore aimed at improving competitiveness and generating higher number of jobs through a string of labour reforms is yet to take off in terms of significantly creating jobs and improving production.

The apparel manufacturing, specific sub-sector within textiles targeted by the package, show that any significant rise in hiring is yet to happen under the new norms.

Related Keywords: AEPC, central value added tax, CMAI, existing stocks continue with MRP tag, garment retail shops, Garment retailers in India, Made ups, new stocks come only with fixed price tag, retail price over thousand rupees, shifting from maximum retail price regime, to fixed price regime, two percent levy of excise duty on garments

Garment retailers in India have started gradually shifting from the maximum retail price regime (MRP) to fixed price regime after Union Finance Minister Arun Jaitley, while announcing the Union Budget 2016-17, announced a 2% levy of excise duty on garments and made ups with retail price of over Rs 1,000.

Related Keywords: AEPC, an apparel industry body, Apparel Export Promotion Council, capital intensive industry, capital subsidy, during the current fiscal, duty on exports still a worry, enhance duty drawback, expecting around Rupee five thousand crore fresh investments, flow into textile and garment sector, highly labour intensive, textile booster package

Apparel Export Promotion Council (AEPC), an apparel industry body is expecting around Rs 5,000 crore fresh investments to flow into the sector during the current fiscal which may create as many as two million jobs with textile booster package of Rs6,000 crore announced by the government.

AEPC chairman Ashok G Rajani said that based on the initial feedback he has received, around Rs 5,000 crore may flow into the industry in fresh capex this fiscal year itself as government announcement of textile package comes as a game changer.

Related Keywords: accelerate export growth rate, achieve the textile export target, AEPC, Apparel Export Promotion Council, boost exports, facilitating availability of raw material, planning roadmap, preferential markets, prepare a strategy, take steps like tapping new markets

Apparel Export Promotion Council (AEPC) to boost exports is planning roadmap and would prepare a strategy to accelerate export growth rate in preferential markets for which it will take steps like tapping new markets and facilitating availability of raw material.

AEPC Chairman Ashok G Rajani said that the council would also work to achieve the textile export target of USD 30 billion.