Home / Knowledge / News / Apparel/Garments / Indian Minister urges industry to step up apparel exports
Indian Minister urges industry to step up apparel exports
Jul '13
Mr. K Sambasiva Rao
Mr. K Sambasiva Rao
Indian Textiles Minister K. Sambasiva Rao has urged apparel manufacturers in the country to increase their export target to US$ 20 billion for the current financial year 2013-14.
The Apparel Export Promotion Council (AEPC) has raised apparel export target for the current fiscal year to US$ 17.5 billion.
After inaugurating the India International Garment Fair, the Minister assured full support to the industry and urged apparel exporters to aim for not US$ 17.5 billion, but US$ 20 billion in exports this fiscal.
The Minister said China is currently transforming from labour-intensive to capital-intensive sectors, and this throws ample opportunities for the Indian clothing sector.
In 2012-13, India’s garment exports dipped by around 5 percent year-on-year to US$ 12.9 billion, mainly owing to reduced demand in the US and the EU, which together account for more than 60 percent of India’s total garment exports.
To increase garment exports, the exporters want enlargement of the garment export basket by manufacturing garments (both knitted and woven) from fabrics which are not widely available in India. For this, they are seeking issuance of duty credit scrip (offsetting custom duties) on import of specialty fabrics at the rate of 5% for the export performance in the year 2012-13 and in the entire 12th five year plan period.
Last week, a meeting of the High Level Committee on Manufacturing (HLCM) led by Prime Minister Manmohan Singh took a decision to frame a new competitiveness strategy for the textiles sector.
The core of the strategy is to facilitate the rapid scaling of competitiveness of the garment segment of the textile sector in the country through a comprehensive package of measures.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater
Somaiya Kala Vidya

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

Wendell Rodricks
Wendell Rodricks

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

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search