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AEPC planning roadmap and strategies to accelerate garment exports

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.

Indian textile sector needs to revamp labour conditions

Related Keywords: Apparel Export Promotion Council, garment factories making apparel for global brands, India largest manufacturers of textiles and apparel, Indian Textile, International labour organisation, labour conditions, many of them employed by suppliers to Western retailers, on a wide check

Taking the example of Apple Inc., which tackled poor wages and working conditions at the factories of its partner Foxconn in China after criticism from consumers among others, the labour conditions in Indian textile is also now on a wide check.

The conditions of garment workers in South Asia have come under sharp scrutiny following the 2013 Rana Plaza disaster in Bangladesh, in which 1,135 workers were killed, many of them employed by suppliers to Western retailers. In India, legislation exists against bonded labour and child labour, but enforcement is weak.

EU extends its GSP benefits for Indian RMG industry in EU markets till 2019

Related Keywords: announced extension of GSP for next three years, Apex apparel body, Apparel Export Promotion Council, continue to enjoy twenty percent duty preference, European Union Scheme, Generalised Tariff Preference, Indian readymade garment sector, on exports to EU markets, schedule to expiry this year

Apex apparel body Apparel Export Promotion Council (AEPC) today said that the EU has recently announced its scheme of Generalised Tariff Preferences (GSP) for the next three years (2017-19) in EU markets for Indian readymade garment sector.

The European Union’s scheme of GSP was scheduled to end on 31 December, 2016. Now the India's readymade garments sector will continue to enjoy 20 percent duty preference on exports for the next three years in the EU markets.

AEPC to organize BSM in Uruguay and Chile with 25 exhibitors at each venue

Related Keywords: AEPC tied-up Santiago Chamber of Commerce in Chile, Apparel Export Promotion Council, approved funding under Market Access Initiative, buyer-seller meet, huge potential for export of readymade garments, invite prospective garment buyers, Ministry of Textiles and Ministry of Commerce, organizing, PR Agency at Uruguay

The Ministry of Textiles and Ministry of Commerce have approved the funding under Market Access Initiative for the proposed buyer-seller meet (BSM) to be organized by the Apparel Export Promotion Council (AEPC) in Uruguay and Chile with 25 exhibitors at each venue, a council release said.

The BSM is being organized after taking into account the huge potential for export of readymade garments from India, the council noted.

Plan being worked out for apparel cluster on Yamuna expressway

Related Keywords: Apparel Export Promotion Council, Apparel exports, approached UP Chief Minister Akhilesh Yadav, for land, generate jobs of lakhs, incentive in the FTP, more than hundred factories, on Yamuna Expressway, set up in the land cluster, to develop apparel cluster

Apparel Export Promotion Council has recently approached UP Chief Minister Akhilesh Yadav for land as plans are in formation stage to develop an apparel cluster on the Yamuna Expressway in Noida which will involve an overall investment to the tune of Rs.300 crore. More than 100 factories will be set up in the land cluster spanning 200 acres generating jobs to lakhs of people.

Textile skill development body becomes fully operational

Related Keywords: A Sakthivel, AMHSSC, Apparel Export Promotion Council, becomes fully operational, launched jointly by, Ministry of Textiles, National Skill Development Corporation, President of TEA, Skill development programme, Tirupur Exporters Association

A Sakthivel, President of Tirupur Exporters Association (TEA) announced that the Apparel, Made-Ups and Home Furnishing Sector Skill Council (AMHSSC) launched jointed by the Ministry of Textiles, National Skill Development Corporation (NSDC) and the Apparel Export Promotion Council has become fully operational.

It is crucial to determine the quality of training to ensure success of the skill development programme. Skill assessment therefore has become an essential part of skill development,” Sakthivel said.

India now ranks second in global textile exports, China leads

Related Keywords: AEPC, Apparel Export Promotion Council, garment export from Bangladesh, garment export from Vietnam, textile exports China, textile exports Germany, textile exports Italy, textiles export from India

According to data released by the India garment exporter body, Apparel Export Promotion Council, textiles exports in 2013 were at US$40 billion, ranking second in world trade. It has overtaken Germany and Italy to emerge second largest textile exporter, but lags China, World No. 1. China's exports are nearly seven times higher than India at US$274 billion.

Developing countries like Bangladesh and Vietnam have emerged as major suppliers to retail chains in Europe and the US on the back of cheap labour and lower-duty access.

India's apparel exports jump 26pc, earns over Rs 492 bn forex in April-October

Related Keywords: A Sakthivel, AEPC, Apparel Export Promotion Council, apparel export target, Apparel exports, K s Rao, textile export from india, Union Textiles Minister

Apparel exports have surged 26 per cent in the first seven months of 2013-14, touching Rs 49,200 crore. Speaking at an annual export award function Dr. Rao, Union Textiles Minister said, "The apparel sector has earned Rs. 49,200 crores foreign exchange in April-October, 2013, showing a growth of 26% over the same period during year 2012. Income in both the currencies i.e. INR and US$ are buoyant. In dollar terms, the growth is 15.5% (US$ 8.2 billion) during the same period"

AEPC hopes India's garment exports to touch US$60 bn in next three years

Related Keywords: AEPC, Apparel export from india, Apparel Export Promotion Council, apparel export target, K S Rao Union Textiles Minister, labour shortage, Sakthivel AEPC Chairman, Secretary Textiles Zohra Chatterji, Textile Conclave 2013

According to the Apparel Export Promotion Council (AEPC), India's garment exports would touch US$60 billion in the next 3 years, with government's assistance. Speaking on the Textile Conclave 2013, Sakthivel, AEPC Chairman, identified labour shortage to be the biggest bottlenecks. He stated that, "We are getting good orders and have won the confidence of buyers. As a brand India we are recognized everywhere but challenge is translating that leverage into the world textiles global hub." We are looking for skilled people in large number to meet them.

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