Home / Knowledge / News / Apparel/Garments / AEPC designs Product Development Scheme for trade
AEPC designs Product Development Scheme for trade
30
May '09
There is a lot of competition in various apparel items like T-Shirts, Ladies blouses, Ladies Skirts etc. In order to widen the export basket on those products where there is substantial potential in the world but India has a very minimal share; AEPC has designed a scheme for the Indian garment exporters to tap the USD 36 Billion market of the 12 selected products where India has just 2.83% share.

For ensuring smooth functioning of Product Development scheme, AEPC would form a Product Development Cell. Moreover, the Council shall seek the expert advice of CBI, Netherlands, Nottinghamshire University, FIT, New York besides linkages with top buyers. Expert advice of top designers shall also be explored.

Benefits to the Exporters: The Council will help in increasing the exports of these products to the member exporters by providing various assistances at each stage through this scheme. The participating Exporters can collectively avail Rs. 149 Lakhs of financial help from the Government under Market Access Initiative scheme.
Funding from the government

1. Funding from the government. The above scheme is being funded by the Ministry of Commerce & Ministry of Textiles, Government of India. The council has already obtained Rs. 149 Lakhs from the Government to implement the scheme. With the government's assistance, the Council would conduct various studies so as to find out vital information like Top buyers of these products, season of business.
2. Inviting of technical experts to India to provide technical know how.
3. Inviting of fashion designers to India to prepare Samples.
4. Development of products (category wise) with the help of the buyers.
5. Preparation of prototypes samples in consultation with the buyers.
6. Assistance in start of commercial production.
7. Conducting meetings with the overseas buyers.
8. Assistance in marketing of the developed products.

Moreover, the council shall also make an effort for getting special benefits from the government on the selected products. The Exporters who are interested to avail the benefits under the scheme shall fill up the application form and send it to AEPC along with registration fee on or before 1st September, 2009.

Click here to view Product Coverage in the Scheme:

Apparel Export Promotion Council

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Rajiv Sirohi
Shara

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

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Suresh Patel
Sidwin Fabric

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

Kevin Nelson
TissueGen

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Tony Ward
Tony Ward

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

Igor Chapurin
Chapurin

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search