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AEPC hopes India's garment exports to touch US$60 bn in next three years

YarnsandFibers News Bureau 2013-12-04 17:06:00 – Mumbai

According to the Apparel Export Promotion Council (AEPC), India's garment exports would touch US$60 billion in the next 3 years, with government's assistance. Speaking on the Textile Conclave 2013, Sakthivel, AEPC Chairman, identified labour shortage to be the biggest bottlenecks. He stated that, "We are getting good orders and have won the confidence of buyers. As a brand India we are recognized everywhere but challenge is translating that leverage into the world textiles global hub." We are looking for skilled people in large number to meet them.

Apparel exports grew to 31% in October 2013 in INR terms. Export in dollar terms for April-October of the FY 2013-14 increased 15.5 per cent over the same period of previous FY and reached to US$82.59 billion however, in rupee terms exports increased by 26.2 per cent compared to same period of last FY.
Lauding the efforts of Textiles Minister Dr. K S Rao and Secretary Textiles, Zohra Chatterji , Sakthivel stated: "Today's Textiles conclave is the first conclave in the history of India. This is a mega platform where all stakeholders from the Textiles industry, including policy matters, industrialists and the Government, to usher the new era for the Indian Textiles Industry. The issues that were discussions and deliberations and sharing of prospective will surely fix the agenda of the textiles Industry. Bodies like NTC, SRTEPC, EPCH, TEXPROCIL, SIMA, CMAI".
Speaking on the Textiles Conclave 2013 K S Rao, the Union Textiles Minister stated: "I am happy to participate in the Textiles Conclave. This is the golden era of textiles in India and we have to work to make India hub of Textiles exports. I don't think it's difficult to achieve the number 1 position. We have the potential and capacity we need to just take care of skill training and power availability".

Delivering the inaugural address Secretary Textiles, Smt. Zohra Chatterji stated: "we are building road map to move forward. The planned schemes are ready and we are going full way to implement it. We have a strong raw material base, skilled workforce and stringent compliant standards. Top brands and retails are eyeing India as a sourcing destination. We have a large skill base to meet the growing burgeoning demand the women need s to work for the longer hours and our role is to make this possible".

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