Home / Knowledge / News / Apparel/Garments / India's garment exports grow 15.5% in FY'14: AEPC
India's garment exports grow 15.5% in FY'14: AEPC
28
Apr '14
The exports of garments from India have grown by 15.5 percent year-on-year to US$ 14.94 billion in the financial year 2013-14 that ended on March 31, 2014, according to the Apparel Export Promotion Council (AEPC).
 
The figures were disclosed by AEPC chairman Virender Uppal, while inaugurating the 21st edition of India Market Days in Gurgaon last week. Mr. Uppal termed the clothing export performance as good in view of the shrinking traditional markets, fluctuating currencies and uncertain global economic scenario.
 
The apparel industry in India has huge potential to shift the additional unutilized labor out of agriculture and lift the large population above the empowerment line, Mr. Uppal said. To jumpstart job creation, however, India will need to improve its business and investment climate, especially the labor incentive sector like the garment Industry.
 
India Market Days is a project approved by Ministry of Textiles and is funded under the Market Access Initiative (MAI) Scheme of Ministry of Commerce & Industry, Government of India for inviting overseas buyers and buying agents under reverse buyers-sellers meet (BSM).
 
“India Market days  provide an opportunity to analyze and choose, from the wide spectrum of existing and emerging products at one place,  finalize bulk requirements and negotiate best rates for bulk orders,” said Mr. Uppal. 
 
The AEPC chairman appealed the India Market Days participants to also be present at the upcoming India International Garment Fair to be held in the July 2014 in New Delhi.
 
The next edition of India Market Days will be held in September 2014. 
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Textiles | On 8th Dec 2016

R&D is key to textile industry’s growth: Kavita Gupta

Research and development is the key to the growth of the textiles...

Textiles | On 8th Dec 2016

Indonesia may ease procedures for raw material import

In order to boost the competitiveness of the domestic textile...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

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

Marten Alkhagen
Swerea IVF AB

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

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

Prathyusha Garimella
Prathyusha Garimella

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search