The Apparel Export Promotion Council (AEPC) has requested the government to review India’s trade pacts with the EU, the UK, the US, Australia, and Canada. The Council said the country’s apparel exports can double in three years if disadvantages in the trade pacts are removed and positive sentiment is leveraged.
In a letter to Prime Minister Narendra Modi, AEPC Chairman A Sakthivel said the industry has been very badly impacted in India’s principal export markets of the US, the UK and Europe.
“An important area that can supplement your efforts in this direction is improving export competitiveness through a comprehensive review