Garment exports likely to touch USD 60 billion in next 3 years
Updated: Dec 03, 2013 11:41:11am
New Delhi, Dec 3 (KNN) Regardless of shortfall in skilled labour and inadequate impact of brand India in the world textile hub, garment exports are likely to touch USD 60 billion during the next two years.
“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,” said AEPC Chaiman, A Sakthivel, speaking at the Textile Conclave 2013 recently.
We are looking for skilled people in large numbers to meet the target, he said, adding that they needed government support.
The one day Textiles Conclave 2013 was organized by the Ministry of Textiles. It was inaugurated by the Union Textiles Minister, K S Rao, in presence of Secretary Textiles Zohra Chatterji and stakeholders of the industry.
Significantly, apparel exports grew to 31 per cent for the month of October 2013. Export in dollar terms for April-October of the FY 2013-14 has increased by 15.5 per cent over the same period of previous FY and reached USD 8259 million however, in rupee terms exports increased by 26.18 per cent compared to same period of last FY.
Offering encouragement, Rao said, “This is the golden era of textiles in India and we have to work to make India a 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.”
On the platform the conclave provided, “…the discussions and deliberations and sharing of prospective will surely fix the agenda of the textiles Industry and bodies like NTC, SRTEPC, EPCH, TEXPROCIL. SIMA, CMAI,” Chatterji said.
She also stated that they were building a 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,” she said. (KNN/ES)
“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,” said AEPC Chaiman, A Sakthivel, speaking at the Textile Conclave 2013 recently.
We are looking for skilled people in large numbers to meet the target, he said, adding that they needed government support.
The one day Textiles Conclave 2013 was organized by the Ministry of Textiles. It was inaugurated by the Union Textiles Minister, K S Rao, in presence of Secretary Textiles Zohra Chatterji and stakeholders of the industry.
Significantly, apparel exports grew to 31 per cent for the month of October 2013. Export in dollar terms for April-October of the FY 2013-14 has increased by 15.5 per cent over the same period of previous FY and reached USD 8259 million however, in rupee terms exports increased by 26.18 per cent compared to same period of last FY.
Offering encouragement, Rao said, “This is the golden era of textiles in India and we have to work to make India a 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.”
On the platform the conclave provided, “…the discussions and deliberations and sharing of prospective will surely fix the agenda of the textiles Industry and bodies like NTC, SRTEPC, EPCH, TEXPROCIL. SIMA, CMAI,” Chatterji said.
She also stated that they were building a 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,” she said. (KNN/ES)
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