Home / Knowledge / News / Apparel/Garments / AEPC honors exporters with export excellence award
AEPC honors exporters with export excellence award
23
Feb '13
Apparel Export Promotion Council organised Export Excellence Award and Lifetime Achievement Award, here on 22nd February evening.

Shri Anand Sharma, Hon’ble Minister for Commerce, Industry & Textiles, Government of India was the Chief Guest. Speaking on the occasion Shri Sharma congratulated the exporters and said, “Apparel symbolizes the main driver for entire textile value chain. The importance of the sector lies in ensuring the preservation of traditional crafts and modern skills coupled with mixing the same with buyers’ behavior.

“Its economic importance can be attributed to its high employment potential, moderate capital investment, high value addition, and potential to earn foreign exchange. The apparel sector provides employment to an estimated 11.22 million workers, which mainly come from weaker section including women.”

Mrs. Zohra Chatterji, Secretary Textiles was the Guest of Honour. Shri S.R. Rao, Commerce Secretary, Ministry of Commerce, Shri Anup K. Pujari, DGFT, Shri V. Srinivas, Joint Secretary (Exports), Ministry of Textiles was also present on the occasion.

Dr. A Sakthivel Chairman AEPC in his address said, “Government vision of doubling the exports is our mission.  AEPC has put up an ambitious plan for increasing the garment exports to US $ 30 billion in 3 years by allowing import of speciality fabric, which are not widely available in India. 

"In this regard, we have submitted a proposal to the Ministry of Textiles for reducing the custom duty at a flat rate of 5% on selected speciality manmade fibre and cotton fabrics for re-export purpose on a trial basis.  Our proposal has received a very positive response during my meetings with Cabinet Secretary, Commerce Secretary, Textile Secretary and DGFT.” 

In fact, we have taken on board other Export Promotion Councils for framing our proposal.  I am told that it may take some time.  Thus I have requested that in order to take early advantage, duty credit scrip @ 5%, for offsetting import duty on import of such fabric on actual user basis and on non-transferable basis be issued.  This is a special request from the industry to boost garment exports in short time, he added.

Chairman AEPC in his speech remarked, “The whole industry knows that you are working very hard for immediate finalization of FTA between India and EU.   The industry is waiting this to happen so that new opportunities may be captured by us.

"It is very heartening to note that you yourself have met CEOs and Presidents of various major brands in European Union for bringing FDI in our country.  This is for the first time that the Textile Minister has reached to our potential buyers himself and is taking a lot of pains for our industry.”

Chairman also demanded a separate chapter for export sector so that we can get cheaper export credit. And requested the Minister for the export benefits announced in the year 2012-13 in FTP may be extended for the period 2013-14 since market conditions have not improved.

Must ReadView All

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Textiles | On 24th Feb 2017

Indian economy to touch $5 tr by FY2025: Morgan Stanley

Driven by supportive demographics and government's policies, the...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Wendell Rodricks
Wendell Rodricks

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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