>>
Home / Knowledge / News / Apparel/Garments / Indian govt vouches support to apparel exporters
Indian govt vouches support to apparel exporters
20
May '13
Vouching support to the domestic apparel industry to boost their exports, the Government of India has said that issues like that of credit availability and skill development would soon be addressed.
 
The issues were raised during an inter-ministerial workshop held with Cabinet Secretary Ajit Kumar Seth in the Chair, Economic Times reported quoting PTI.
 
Updating the Cabinet Secretary regarding their issues during the meeting, the apparel exporters highlighted several issues like high rate of interest, dearth of skilled workers, high cost of raw materials, heavy customs duty on synthetic fabric and stringent labour laws, which according to them are a hindrance to the industry’s growth.
 
Mr. Seth assured that the Government is determined to help the export sector, including the garment export sector, and it would do all that is necessary.
 
He gave an assurance that the Government will address issues like skill development, improving operations of scale and developing consensus on amendments in labour laws and import duties.
 
Hit by sluggish demand from key western markets, apparel exports from India fell by about 6 percent year-on-year to US$ 12.9 billion during last fiscal.
 
The EU and the US, the key traditional export markets for Indian apparels, jointly procure around 60 percent of India’s overall apparel exports.
 
Given the low demand from key markets, India’s domestic apparel sector has been pushing for fixing the import duty on synthetic fabric for the entire 12th Five-Year plan at 5 percent against the existing 21 percent.
 
Commenting on the cost of credit, the Apparel Export Promotion Council (AEPC) Chairman A Sakthivel noted that it is too high at 12.5 percent, and hence there is a dire need to reduce this rate and fix it at 7.5 percent for the sector.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 20th May 2022

China reiterates call for tariffs cut after US official’s statement

After US treasury secretary Janet Yellen called for tariffs cuts on...

Pic: Shutterstock

Textiles | On 20th May 2022

World economy projected to grow by 3.1% in 2022: UN

The world economy is projected to grow by 3.1 per cent in 2022,...

Pic: Shutterstock

Textiles | On 20th May 2022

Lowering logistics costs key to Vietnam’s export competitiveness

Reducing logistics costs is crucial to raising competitiveness of...

Interviews View All

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Aditya Agrawal,

Aditya Agrawal

<div style="text-align: justify;"><font face="Calibri,...

Ghatit Laheru,

Ghatit Laheru

When the 2001 tremblor wrecked the Kachchh region of Gujarat throwing many ...

Jeffrey F Hsu,

Jeffrey F Hsu

As a world leading textile innovation and solutions company, NTX creates...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Frank Heislitz, Freudenberg Performance Materials

Frank Heislitz
Freudenberg Performance Materials

Freudenberg Performance Materials is a leading global manufacturer of...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Payal Singhal, Label - Payal Singhal

Payal Singhal
Label - Payal Singhal

Leading South Asian fashion designer, <b>Payal Singhal </b>known for her...

Bav Tailor, Label Bav Tailor

Bav Tailor
Label Bav Tailor

Born in London and Indian by origin, <b>Bav Tailor </b>is the Founder of...

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

ESTEEMED CLIENTS

T.T. Limited
Desigual - ABASIC, S.A.
Lenzing Aktiengesellschaft
Equinox Impex India
H;&M Hennes ;& Mauritz (Far East) Ltd
Aquarelle Clothing Limited
Maceton Limited
Palexpo SA
Vianney Textil Hogar S.A. De C.V.
Etam Group Strategy Hong Kong Limited
Helly Hansen Far East Ltd
Walmart
Sportmaster Ltd.
PVH Corporation
Taiwan Textile Federation (TTF)
BRINKMANN GMBH
Applied DNA Sciences Inc
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Asos
Page Industries Limited (Bangalore)
Shima Seiki Mfg. Ltd.
IFF Media Ag - International Media Services
Gap International Sourcing Limited
Chori Company Limited
Grasim Industries Limited
GHCL LIMITED
TEXVALLEY MARKET LIMITED
Landmark Group
Arvind Limited
KAS Direct Sourcing
Marzoli Machines Textile s.r.l.
Indofil Industries Limited - Specialty & Performance Chemicals Division
Green Fibre
TÜYAP IHTISAS FUARLARI A.S.
Woolmark Services India Pvt. Ltd.
Abit
Aramark Uniform ;& Career Apparel, LLC
Flainox S.r.l.
VNU Exhibitions Asia
EUROVET ASIA LTD
EPCH
UBM China (Shanghai)
Istanbul Fuarcilik A.S.
Comasia Limited
DuPont de Nemours, Inc.,
Lifestyle
Messe Duesseldorf
Restoque S.A.
Jiangsu Yingyang Nonwoven Machinery Company Limited
Color Service s.r.l.
Benetton Group
The Top Form Brassiere Manufacturing Company Limited
SHAHI Exports Pvt Ltd
Sateri (Jiujiang) Fiber Co.,Ltd
Lacoste (Wanchai)
China World International Exhibition Company Limited
SYNERGIES HONG KONG LIMITED
Alison Hayes Romania
International Textile Manufacturers Federation
Amazon China
Gatsby Africa
Varner AS Retail
Indo Tex
Thai Acrylic Fibre Company Limited
EMBEE CORPORATION
H. Stoll AG & Company KG
Nandan Denim Limited
John Varvatos
Cat Tuong Real Estate Group Joint Stock Company
G.A.S. unternehmenskommunikation gmbh
Hela Clothing Pvt Ltd
IIGM Private Limited
Tradewind International Servicing
Karl Mayer Textilmaschinenfabrik GmbH
Italian Trade Commission
Nihalani Events Management
Officina Meccanica Dora Enrico Srl
Vardhman Textile Ltd
ZAITEX spa
The LYCRA Company Singapore  Pte. Ltd
Centric Software
Splash
Messe Frankfurt Exhibition GmbH
Aleph Srl
Loris Bellini S.r.l.
Haelixa AG
Sainsbury's Argos Asia Limited
Midas Clothing Limited
Itema Weaving (India) Private Limited
Tchibo GmbH
BIANCA
Bluestem Global Sourcing Limited
IKEA of Sweden AB
MAS Active / MAS Kreeda / MAS Bodyline
Colours India Inc
Phong Phu international JSC (PPJ)
The LYCRA Company Singapore  Pte. Ltd
Eastman Chemical Company
Stahl Holdings B.V.,
Performance Days
Babyshop
Rieter India Private Limited
Gloria Jeans
Meera Dyestuff Industries
Permoda(Koaj/Armi/Pronto/Bkul)
GERBER TECHNOLOGY LTD.
Lululemon Athletica Inc
Lectra Technologies India Pvt Ltd.
ITMA Services Pte Ltd
CGS Inc.
THE BOMBAY DYEING ;& MFG.CO. LTD
Groz-Beckert KG
Huntsman (Singapore) Pte Ltd
IDH – The Sustainable Trade Initiative
Pt. Peraga Nusantara Jaya Sakti
Thermore (Far East) Ltd.
Seasalt Limited
Brückner Trockentechnik GmbH & Co. KG
Bluesign Technologies Ag
Coats Digital Limited
Tory Burch Hong Kong Ltd
Xtema - Thomas Lebherz Textilmaschinen
Zydex Industries
Savio Macchine Tessili S.P.A.
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
JES MEDIA, INC
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
APLF Limited
BTC Textiles LLC
Lisa S.P.A.
BIMBA ;& LOLA SL
BTSR International S.P.A.
Newtech Textile Technology Development (Shanghai) Company Limited
CSGIA(China Screen Printing & Graphic Imaging Association)
KIABI
TESCO INTERNATIONAL SOURCING LIMITED
Mayer & Cie. GmbH & Co. KG
Puma
Kern – Liebers Textile
Datatex Consulting Srl
Mesdan SPA
Hirdaramani International Export Private Limited
Rayonese Textile Inc., Division de Culp Inc.
Boardriders Asia Sourcing Limited
Saurer Textile Solutions Pvt. Ltd.
C;&A Sourcing International Ltd
Calvin Klein
Chico’ FAS
Weitmann & Konrad GmbH & Co. KG
Tuyap Tum Fuarcilik Yapim A.S.
NV Michel Van de Wiele
LC Waikiki
Gokaldas Exports Limited
Recron Polyester from Reliance Industries Limited
G-Star Raw C.V.
Decathlon
OVS Hong Kong Sourcing Ltd.
Recron Polyester from Reliance Industries Limited
Lottmann Communications
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Alix Partners
Tommy Hilfiger
Eurofins BLC Leather Technology Centre Ltd
Reiter India Private Limited
Target Corporation (MN)
Sportswear Company Spa
Zünd Systemtechnik AG
Infor (Hong Kong) Limited
DyStar India Pvt. Ltd
N9 World Technologies Private Limited
Esprit Europe Services GmbH
Brandix Lanka Limited
Guess Europe Sagl,
Kornit Digital Asia Pacific Ltd
Groz-Beckert East Asia LLP
Rosset ;& Cia Limited
NITI Aayog
TESTEX AG, Swiss Textile Testing Institute
GIOVANNI BOZZETTO S.p.A.
International Sourcing Expo Australia
Thai Trade Center
USTER
FESPA (Reigate)
K AND D ITMACH EXPOSITIONS LLP
Under Armour Global Sourcing Ltd
Copenhagen Fashion Summit
Truetzschler India Private Limited
Shanghai  Aige Exhibition Service Co., Ltd
Datacolor AG Europe
FULGAR SpA
Dow Silicones Corporation
J ;& P Coats
Jindal Worldwide Limited
X-Rite Asia Pacific Limited (HK)
Inter Expo Center Ltd.
Lenzing Aktiengesellschaft - India
COTTON COUNCIL INTERNATIONAL

May 2022

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


Advanced Search