Indian Textile And Apparel Exports

Apparels' body asks govt for labour reforms, improvement in skill schemes

Apparel exporters' body AEPC on Tuesday suggested the government to introduce reforms in labour laws, improve schemes for skilling the workforce and make policy for fabric import flexible to boost exports. Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri said that the exports target of USD 40 billion for ready-made garments by 2030 is an ambitious aim, though the industry is making all possible efforts to achieve that. The government should "introduce reforms in Indian labour laws, improve schemes for skilling the workforce and make policy for fabric import flexible and industry friendly," he said. To discuss ways to increase exports, the council held a round-table discussion with the major apparel brands here. The council said that India's biggest strength is its design prowess and raw material base and it must be leveraged. "Among the major asks of brands is the need for building capacity and fast-tracking manufacturing. Also, the skilled labour shortage which is .

US buyers turn to India for apparel as Bangladesh faces growing concerns

With one-third of India's apparel exports heading to the US, the country has solidified its position as the fourth-largest supplier to the American market

Global clothing brands turn to India amid Bangladesh unrest, orders surge

Tiruppur and Noida apparel export industries are witnessing a surge in demand orders from various international clothing brands

$40 billion apparel exports target by 2030 is achievable, Goyal confident

Commerce and Industry Minister Piyush Goyal on Friday exuded confidence that the country's apparel exports would reach the target of USD 40 billion by 2030. He said that the government is taking steps to promote exports such as entering into free trade agreements and promoting brand India. The minister also asked the apparel exporters to procure raw materials from Indian players and not depend on "opaque" foreign suppliers and suggested not to fall for "predatory products". "USD 40 billion target by 2030 is clearly achievable," Goyal said here while awarding apparel exporters. Speaking at the event, Apparel Export Promotion Council of India (AEPC) Chairman Naren Goenka said that the sector exports grew at a rate of 30.35 per cent in 2021-22 over 2020-21, and 1.10 per cent in 2022-23 over 2021-22. "We are vigilant of the fact that India's apparel exports have been constant to the tune of 3-4 per cent of global export share during past 3-4 years and hence AEPC has been very proactiv

AEPC sets $40 bn exports target by 2030, aims to explore new destinations

Apparel exports are expected to reach USD 40 billion by 2030 on account of initiatives such as exploring new destinations and fostering strategic partnerships, AEPC said on Friday. Apparel Export Promotion Council of India (AEPC) Chairman Naren Goenka said that to achieve this target, the council will focus on innovation, expanding market and product basket, practice sustainability and responsible business practices. "We have set an ambitious goal of achieving apparel exports of USD 40 billion by the year 2030. This target, aptly named '40 by 30' reflects our commitment to reaching new heights and pushing our limits in the ongoing decade," he said in a statement. He also said that Commerce and Industry and Textiles Minister Piyush Goyal will present exports awards to ready-made garment exporters on December 9 here. The awards recognize contributions made by Indian apparel exporters in building modern enterprises. "Apart from adding to the growth of our international trade, these .

Indian textile and apparel exports fall 13% to Rs 186 billion in January

The sharp decline in exports of cotton textiles by 16%, apparel by 14% and man-made textiles by 7% contributed to the performance