Home / Knowledge / News / Apparel/Garments / India's AEPC organizes BSM in US to boost apparel trade
India's AEPC organizes BSM in US to boost apparel trade
19
Sep '13
Apparel Export Promotion Council (AEPC), India’s apex body for apparel export promotion, as part of its on-going export promotion initiatives, has organized a Buyer Seller Meet (BSM) for apparel and related accessories at New York, USA for the second time this calendar year.
 
Around 30 Indian exhibitors are displaying their Spring/Summer 2014 collections of women’s, men’s and children’s apparel designed keeping in mind the discerning American customers.
 
The two-day meet was inaugurated by Indian Consul General in New York Dnyaneshwar M Mulay at Penn Plaza Pavilion in Manhattan. 
 
Speaking on the sidelines of the event, AEPC chairman A Sakthivel said the Indian clothing exports are likely to grow to about US$ 17 billion over the next two years, owing to economic recovery in the US and the EU.
 
Although the US is the number one destination for Indian apparel exports, its exports of US$ 3.055 billion accounted for only 3.8 percent of the total garment imports made by the US in 2012, according to statistics from UNComTrade.
 
For the period January-June 2013, India’s share in US garment imports stood at US$ 1.7 billion, i.e. 4.7 percent of US’s total garment imports of US$ 37.1 billion.
 
Due to the strengths of Indian garments and textiles industry, Indian manufactures have been able to export 236 products across all categories of knitted and woven garments, a press release from the Consul General of India in New York said.
 
India has an 11.22 million strong skilled and efficient workforce and abundant availability of natural cotton, silk fabrics and man-made fabrics.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Igor Chapurin
Chapurin

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X