Home / Knowledge / News / Apparel/Garments / Over 380 exhibitors to display at Tex Trends India
Over 380 exhibitors to display at Tex Trends India
17
Jan '14
The newly appointed Chairman of AEPC, Mr. Virender Uppal, met the Union Textiles Minister Dr. K S Rao and Textiles Secretary, Smt. Zohra Chatterji in New Delhi. Mr. Uppal was accompanied by Shri Sudhir Sekhri, Chairman (EP) and Shri H K L Magu Chairman (F & B), AEPC. Mr. Uppal shared the greetings with both, the Minister and the Secretary and briefed on the priorities that he would be taking during his two years of tenure. 

Mr. Uppal in his statement said, “My immediate priority is to host the three most important domestic Fairs that are scheduled in the month of January 2014.  The idea of holding these shows is to leverage the strengths and complementariness of India’s garment & textiles from fiber to fashion.

"The entire value chain has been brought under the ambit by organizing these three fairs. Fiber, Fabric, Fashion, accessories, etc will be brought under the single platform for manufacturer, traders & exporters. It will act as an exclusive rostrum for brand promotion, networking and business opportunity for national and international textile industries to show its visibility of the entire textile fraternity.”

The first fair in the kitty is, Tex Trends India 2014, featuring over 380 exhibitors- displaying diverse range of products from the entire length and breadth of the country. 3264 global buyers and 442 buying agents have already registered for the Fair.

The other two Fairs includes: Source Zone and India Market Days. Textiles Minister has given his consent to inaugurate the Tex Trends India 2014 on 20th January 2014 at Pargati Maidan, New Delhi. With respect of the defined benefits to spurring manufacturing, empowering women & SMEs and employment generation, garment sector is critical for Indian economy, Chairman added.

Chairman AEPC, raised concern on the macroeconomic risks facing the Indian economy which have increased during the last six months, mainly on the dimensions of sliding domestic growth, rising input cost and slowdown in manufacturing and employment generation. Current account deficit and its non- disruptive financing have emerged as major challenges from the perspective of macroeconomic stability. Need of the time is to accelerate manufacturing which intern will spur growth and exports.

Briefing the Minister & the Secretary on the apparel exports growth, Chairman informed, “This is the last quarter of current fiscal and we have to strive harder in the last lap, so that we could meet the exports target set for us. The garment exports have been registering a positive growth since last 9 months.  RMG for the month of December 2013 has registered the growth of 17. 4% against the corresponding month of last financial year; export for April-December 2013-14 has increased by 16.3 % in dollar terms”.

Against a backdrop of worrisome global and domestic macroeconomic developments, Chairman AEPC, pressed for 5% duty credit scrip for the import of specialty fabrics not available in India on actual user basis. And, separate chapter for exports in the banking sector for availability of easy credit to industry. These two demands have tremendous potential to boost exports.

Chairman assured  the Minister that, AEPC would be working in the areas of  technology up gradation, skilling, innovation in terms of product and design, venturing into newer markets, along with the strengthening the compliance practices in garment trade.

Minister and Secretary assured all support and wished him good luck for the current job of Chairman AEPC.

Apparel Export promotion Council


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Marcel Alberts
Eurofibers

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

Kevin Nelson
TissueGen

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Yash P. Kotak
Bombay Hemp Company

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

Tony Ward
Tony Ward

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

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


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