Home / Knowledge / News / Apparel/Garments / Indian exporters want textiles & apparel pact with EU
Indian exporters want textiles & apparel pact with EU
Jul '12
Garment exporters in India have urged the Government to sign a textiles and clothing trade pact with the EU, prior to entering into a free trade agreement (FTA).
Speaking at the inauguration of Tex Trends 2012, Mr. A Sakthivel, Chairman of Apparel Export Promotion Council (AEPC), said in view of the current slump in demand in EU for Indian garments, India and EU should reach an agreement on textiles and apparels ahead of FTA between the two sides.
During the initial two months of the current fiscal, there has been a 48.1 percent drop in India’s clothing exports to the EU, which stood at US$ 0.67 billion, compared to exports of US$ 1.3 billion achieved during the same period of last fiscal.
The EU accounts for about 49 percent of India’s total apparel exports.
Currently, the Indian Government is negotiating an agreement, which seeks larger market access for its garments in the EU region, among other things.
In addition to a pact with EU, the apparel exporters are also urging the Government to give more concessions to help the sector promote its products in non-traditional markets, especially Australia, Brazil, Chile, Japan, Malaysia, Mexico, Russia, South Africa and Uruguay, where demand for Indian apparels is growing.
The exporters are requesting for additional sops up to 2013-14 for garment exports to Brazil, Japan, South Africa, Australia, Russia and South Korea.
They are also urging an extension of the five percent duty credit scrip up to 2013-14 for some far away non-traditional markets such as Mexico, Chile, Argentina, New Zealand and Australia.
According to AEPC, India’s clothing exports to non-traditional markets increased by 15 percent to US$ 3.15 billion in 2011-12, as against its exports of US$ 2.7 billion in the previous fiscal.

Fibre2fashion News Desk - India

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search