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

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

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...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search