Apparel Export Promotion Council @aepcindia
Official account of AEPC, the official body of apparel exporters in India. Empowering India's apparel exporters connecting with the world. aepcindia.com New Delhi, India Joined May 2018-
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Japan’s manufacturing economy moved closer to stabilisation in April, with output and new orders both falling, albeit at slower rates, and purchasing activity reducing further, according to manufacturing purchasing managers’ index (PMI) data compiled by S&P Global. Employment…
According to the Asian Development Bank (ADB), Bangladesh’s exports might face a decline ranging from 5.5 per cent to 14 per cent post its graduation from a Least Developed Country (LDC) status in 2026. This projection, especially concerning reduced earnings from the European…
A global leader in the 1990s, India's textile sector, which employs nearly 50 million, has been struggling for a while now. It grapples with limited capabilities for synthetic yarns, a market currently dominated by China, and for which global demand has been steadily rising.…
Developing e-commerce hubs in the country to further promote India's exports through online medium are expected to figure in the commerce ministry's 100-day agenda roadmap for the new government, an official said. The commerce ministry's arm DGFT is already working with the RBI…
Garment exports from Tiruppur in February and March this year registered growth after facing a slump in demand for more than a year. Data available with the Tiruppur Exporters’ Association (TEA) show knitwear exports from Tiruppur grew 6.4% in February and 5.6% in March this…
The International Monetary Fund (IMF) has projected that India's economy will grow by 6.8% in the current fiscal year, driven primarily by public investment. Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, stated, "In China and India, we expect…
If Prime Minister Narendra Modi wins a third term in office, investors will be looking at better execution of production-linked incentive (PLI) schemes to make India an exports hub, growth in public capital expenditure (capex), and privatisation of state-owned enterprises (SOEs),…
Mark Your Calendars, Apparel Exporters! ️✈️ Exciting opportunities await! The AEPC Calendar of Events for 2024-25 is packed with domestic and international trade fairs and networking events designed to propel your apparel business forward. Stay tuned for official announcements…
The government is racking its brains for options to relax the 45-day payment rule to MSMEs that has come into effect from April 1, 2023, as the rule may disrupt business practices due to its severity and lack of clarity. In order to provide relief to businesses the government is…
In an exhaustive interview to Network 18, Prime Minister Narendra Modi iterated that the Indian economy has witnessed significant growth in incomes compared to their peers along with lowest inflation rates in the last 10 years. Modi spoke with News 18 Group Editor-In-Chief Rahul…
China's share in India's industrial product imports has significantly increased from 21 per cent to 30 per cent over the last 15 years, according to a recent report by Indian think tank Global Trade Research Initiative (GTRI). This growth in imports from China, has been much…
Globe Textiles India Limited (GTIL) (NSE: GLOBE), a Gujarat based textile firm that caters to global and domestic markets, has announced plans to explore direct listing of its equity shares on BSE Limited. According to the recent submissions, GTIL expects a 30% uptick in revenue…
“The Asian market represents more than 50% of global emissions, and as one of the fastest growing hotbeds of innovation and economic activity in the region, India is in a unique position to lead against climate change,” he said speaking at the company’s annual tech exposition,…
Cotton exports surge: India's cotton exports have experienced a significant increase of 137% in the October-March period of the 2023-24 season, totaling 18 lakh bales compared to 7.59 lakh bales in the same period last year. Competitive pricing: Competitive pricing in the…
In this period, most of the country’s textile products were exported to Iraq, Afghanistan and Russia. The three countries accounted for 26, 18 and 6.0 percent share of Iran’s total textile exports, respectively. The majority of the textile products were exported from the country…
At the outset, both sides expressed satisfaction with their current relations and voiced optimism for future collaboration. Among the topics discussed was Bhutan’s potential rejoining of the BBIN MVA framework to enhance regional connectivity, a suggestion positively received by…
India and Oman will sign a trade deal in the coming months, two Indian government officials said, as New Delhi seeks to expand its ties in the Middle East, where rising tensions are putting major shipping routes at risk. "It will help India with a strategic partner and access…
“The DGFT office is holding consultations with various export bodies and banks to have more clarity on those benefitting from the scheme and find out if it actually played a role in promoting exports,” an official told businessline. The interest equalisation scheme, first…
With increasing India's dependence on Chinese industrial goods like telecom, machinery and electronics, Beijing's share in New Delhi's imports of such goods rose to 30% from 21% in the last 15 years, a report said. According to the report by the economic think tank Global Trade…
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Dream BIG, Export Further! ✈️ Join the AEPC and take your fashion global! Ready to take your fashion brand global? The Apparel Export Promotion Council (AEPC) is your one-stop shop for success! With AEPC membership, you'll unlock a treasure trove of benefits. Don't wait! Take…
Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association, said: “"Orders are picking up again, contributing to the gradual recovery of businesses.” The latest data from the General Department of Customs shows that the total textile and garment export turnover…
Capacity Building Program on Technology and Innovation will be led by Mr. @MithileshwarT, Secretary General of AEPC. The apparel manufacturing and export industry in the next few years will be data driven right from sourcing of raw material to production, designing and marketing…
In FY23, India's total exports grew 6.9 percent over the previous fiscal, but that to Israel jumped 76.2 percent, while imports from the Mediterranean country contracted by 24.4 percent during the same period, putting the trade balance between the two in India's favour. The…
We're glad to welcome Mr. Ram Gopal Kukreti, General Manager at Juki India Pvt. Ltd. as the speaker for our upcoming Capacity Building Program on Technology & Innovation in the Apparel Industry! Mr. Kukreti brings 30 years of experience in the field of textiles, machines and…
The World Designing Forum, one of the world's largest global fashion community, has announced the setting up of India's first Handloom Cluster and Apparel Designing hub in Agra. This initiative is poised to redefine the landscape of fashion by showcasing designer garments made…
The ministry made the remarks in response to the latest edition of the World Trade Organization's (WTO) "Global Trade Outlook and Statistics," which foresees a gradual recovery in world merchandise trade volume in 2024 and 2025, following a contraction in 2023. China stayed as…
We're glad to welcome Shri Umesh Gaur, Managing Director-International at Tukatech , as the speaker for our upcoming Capacity Building Program on Technology & Innovation in the Apparel Industry! Umesh brings over 21 years of experience at Tukatech, leading global projects and…
The ministry will also focus on issues pertaining to the exporting community with a view to promoting the country's outbound shipments. Further talks between India and Australia to expand the scope of existing economic cooperation and trade agreement (ECTA) for a comprehensive…
Furthering Embassy’s outreach to 🇧🇷 industry, ,First Secretary(Com) met International Relations Manger of Federation of Industries of State of Paraná(Fiep) which represents 72 thousand companies &discussed ways to enhance bilateral trade especially in garment sector. @AmbSKReddy
After a long delay, New Delhi and London are aiming at signing the free-trade agreement (FTA) by July, leading to Indian exporters of labour-intensive products such as textiles, machinery, automobile parts, and marine products getting greater market access. Full story:…
A jump in imports from Switzerland, the United Arab Emirates (UAE) and China led to a double-digit increase in India’s imports in February, propelling them to a 17-month high. After growth in merchandise imports remained in negative territory for most of 2023, inbound shipments…
“Our target to reach $40 billion of RMG (readymade garments) export by 2030 can be a reality and my duty is to take every possible step to reach this target,” Sekhri said. He said “we need to ramp up our capacities as the export houses in India are still unable to handle…
On the textiles export Kansal remarked, “The global market is trillion dollar and so even when we reach 100 billion of textiles exports, we will be only 10 per cent of total textiles trade. From that perspective the target 40 billion seems to be eminently achievable. We need to…
World Trade Centre is looking to expand its presence in India with the Indian market with office market in India witnessing stable growth amidst global uncertainties. In an exclusive interview, John E. Drew, Chairman of the World Trade Centers Association (WTCA), shares insights…
Greetings to the Apparel Export Promotion Council (AEPC) on its Foundation Day. @aepcindia has been playing a pivotal role in driving the growth of India's apparel exports by expanding reach to newer markets & enhancing industry competitiveness.
In its knowledge dissemination efforts, Apparel Export Promotion Council is having a brief interactive discussion with the Centre for Social and Economic Progress (CSEP) on "Contemporary Challenges in Indian Apparel Exports". @CSEP_Org is a prominent think tank working on issues…
"There is no doubt that Bangladesh is among the few major exporters that have performed well in terms of apparel exports to the US in recent decades," said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). Full story:…