Home / Knowledge / News / Apparel/Garments / AEPC calls for calibrated cotton exports
AEPC calls for calibrated cotton exports
03
Sep '10
The Apparel Export Promotion Council (AEPC) urged the government to ensure that exports of cotton / yarn are calibrated and do not cause supply disruption to producers of garments for export and domestic markets.

The prices of cotton / yarn have started sharply rising again due to two reasons: announcement by the Directorate General of Foreign Trade that cotton will be allowed for exports from October 1 and unexpected loss of cotton crops in Pakistan due to floods.

"Yarn mills have once again stopped deliveries and are talking about minimum Rs 10 per kg price increases for September delivery," said AEPC chairman Premal Udani while addressing a press conference here.

He was flanked by heads of various industry associations like the Garment Exporters Association, the Apparel Exporters and Manufacturers Association, the Tirupur Exporters Association, the Apparel and Handloom Manufacturers Association and the Garment Exporters Association of Rajasthan.

"Our country has a unique opportunity to maximise garment exports due to various problems in the neighboring countries. However, if raw materials are allowed to be freely exported and consequently there are hefty price increases as well as shortages in the domestic market, it will cripple our industry," said Mr Udani.

One kg of cotton yarn may fetch Rs 125 in international markets. But if a garment made by one kg of cotton yarn is exported, it will fetch Rs 750 and the value addition is six times more than cotton yarn exports, he said.

Mr Udani also spoke about AEPC's Common Compliance Code. “It is the first-of-its-kind, industry-driven and industry-owned compliance project which not only aims at developing an India-specific code of ethics but also offers training and ways to build capacities.”

The code identifies all legal requirements and standards including those forbidding child labour, forced labour, harassment or abuse, non-discrimination, health and safety, environmental requirements, freedom of association, collective bargaining, hours of work, wages and benefits as well as subcontracting.

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

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Mike Hoffman
Gildan Activewear SRL

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

Yash P. Kotak
Bombay Hemp Company

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

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