Garment industry has huge potential to shift unutilized labour out of agri: AEPC
Updated: Apr 25, 2014 01:06:01pm
Gurgaon, Apr 25 (KNN) The garment industry has huge potential to shift the additional unutilized labour out of agriculture and lift the large population above the empowerment line, said the Apparel Export Promotion Council (AEPC) adding that to jumpstart job creation, India will need to improve its business and investment climate especially the labour incentive sector like the garment Industry.
Highlighting the export performance, AEPC stated that, garment export in dollar terms for April-March of the FY 2013-14 has increased by 15.5 per cent over the same period of previous FY and reached to USD 14.94 billion, which is good performance despite the shrinking of traditional markets, fluctuating currencies and uncertain global economic scenario.
The 21st edition of India Market Days was inaugurated today at the Apparel House in Gurgaon by the Chairman, AEPC, Virender Uppal.
Addressing the gathering Uppal said, “This is the first fair of the new fiscal which will kick-start a wonderful year and unfolding of series of events that AEPC has planned for the year 2014-15 for boosting garment exports and generating employment.
“AEPC has been pushing for the industry friendly policy to be announced in the new Foreign Trade Policy. We are working for it and the issues acting as hindrances to smooth trade had been taken up with the government. Issues like all industry rates of drawback, interest subvention, and procedural simplifications to cut the transaction cost and time, simplifications of labour laws, etc have been raised with the Government,” he added.
Chairman AEPC also underlined, “Garment Industry has huge potential to shift the additional unutilized labour out of agriculture and lift the large population above the empowerment line. To jumpstart job creation, India will need to improve its business and investment climate especially the labour incentive sector like the garment Industry.”
“India Market days provide an opportunity to analyze and choose, from the wide spectrum of existing and emerging products at one place, finalize bulk requirements and negotiate best rates for bulk orders. This event will help the garment exporters find the right partners for their business,” he said.
On the other hand, Chairman Exports Promotion, Sudhir Sekhri said, “Buyers’ may like to avail this opportunity to choose from the wide spectrum of products at one place. This Fair will help you develop your creative collection and augment your resources.”
Puneet Kumar in his closing remarks said, “The idea of organizing India Market Days is to synergize the strengths of the garment industry and leverage it to the maximum potential for garment exports growth.”
India Market Days is a project approved by Ministry of Textiles and is funded under the Market Access Initiative (MAI) Scheme of Ministry of Commerce and Industry, Government of India for inviting overseas buyers and buying agents under reverse BSM.
Displaying the latest collection of high quality merchandise the product profile of the event covers the entire value chain of the textile and clothing industry. Ranging from menswear, leisure wear, formal and cocktail wear to women’s fashions and children wear of several prominent apparel and accessory manufacturers, exporters are exhibiting their products.
Exhibitors/ showroom holders from cities like Jaipur, Gurgaon, Noida, New Delhi, Ludhiana etc. Buyers hailing from, USA, South Africa, Spain, Canada, Turkey, Brazil, UAE, Denmark, etc are visiting the India Market Days fair on this inaugural day.
The list of foreign buying companies which came for the India Market Days Fair includes Landmark Gulf Group from UAE, Boyner from Turkey, Texvall Premium from Spain, KVM International from USA, Akita from USA, The Wish Collection from USA, etc.
In order to boost Indian exports of garments and fashion accessories, 21 temporary participants along with the permanent showrooms holders are displaying their products in around 75 show-rooms at Apparel house, exhibiting their latest collections. The last edition of India Market Days was held in the January 2014 and the next edition of India Market Days will be held in September 2014. (KNN/SD)
Highlighting the export performance, AEPC stated that, garment export in dollar terms for April-March of the FY 2013-14 has increased by 15.5 per cent over the same period of previous FY and reached to USD 14.94 billion, which is good performance despite the shrinking of traditional markets, fluctuating currencies and uncertain global economic scenario.
The 21st edition of India Market Days was inaugurated today at the Apparel House in Gurgaon by the Chairman, AEPC, Virender Uppal.
Addressing the gathering Uppal said, “This is the first fair of the new fiscal which will kick-start a wonderful year and unfolding of series of events that AEPC has planned for the year 2014-15 for boosting garment exports and generating employment.
“AEPC has been pushing for the industry friendly policy to be announced in the new Foreign Trade Policy. We are working for it and the issues acting as hindrances to smooth trade had been taken up with the government. Issues like all industry rates of drawback, interest subvention, and procedural simplifications to cut the transaction cost and time, simplifications of labour laws, etc have been raised with the Government,” he added.
Chairman AEPC also underlined, “Garment Industry has huge potential to shift the additional unutilized labour out of agriculture and lift the large population above the empowerment line. To jumpstart job creation, India will need to improve its business and investment climate especially the labour incentive sector like the garment Industry.”
“India Market days provide an opportunity to analyze and choose, from the wide spectrum of existing and emerging products at one place, finalize bulk requirements and negotiate best rates for bulk orders. This event will help the garment exporters find the right partners for their business,” he said.
On the other hand, Chairman Exports Promotion, Sudhir Sekhri said, “Buyers’ may like to avail this opportunity to choose from the wide spectrum of products at one place. This Fair will help you develop your creative collection and augment your resources.”
Puneet Kumar in his closing remarks said, “The idea of organizing India Market Days is to synergize the strengths of the garment industry and leverage it to the maximum potential for garment exports growth.”
India Market Days is a project approved by Ministry of Textiles and is funded under the Market Access Initiative (MAI) Scheme of Ministry of Commerce and Industry, Government of India for inviting overseas buyers and buying agents under reverse BSM.
Displaying the latest collection of high quality merchandise the product profile of the event covers the entire value chain of the textile and clothing industry. Ranging from menswear, leisure wear, formal and cocktail wear to women’s fashions and children wear of several prominent apparel and accessory manufacturers, exporters are exhibiting their products.
Exhibitors/ showroom holders from cities like Jaipur, Gurgaon, Noida, New Delhi, Ludhiana etc. Buyers hailing from, USA, South Africa, Spain, Canada, Turkey, Brazil, UAE, Denmark, etc are visiting the India Market Days fair on this inaugural day.
The list of foreign buying companies which came for the India Market Days Fair includes Landmark Gulf Group from UAE, Boyner from Turkey, Texvall Premium from Spain, KVM International from USA, Akita from USA, The Wish Collection from USA, etc.
In order to boost Indian exports of garments and fashion accessories, 21 temporary participants along with the permanent showrooms holders are displaying their products in around 75 show-rooms at Apparel house, exhibiting their latest collections. The last edition of India Market Days was held in the January 2014 and the next edition of India Market Days will be held in September 2014. (KNN/SD)
Loading...
