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Exports of India garment poised for a positive growth in 2017-18

According to Ashok Rajani, Chairman Apparel Export Promotion Council (AEPC), exports of India's garment is poised to register a positive growth in 2017-18. He was speaking on the sidelines of the award for excellence in global exports for apparel sector. He said that the Council has an ambitious target for export and job creation in the next three years. For this, he called upon the winners to be mentors to the start ups and SMEs in this sector and together strengthen the entrepreneurship ecosystem.

Divulging on the subject, he further added that the garment export industry was poised to grow in 2017 with the initiatives announced by the government along with the good quality products aided by innovative design prowess that will drive the change for the industry. The growth will also help in meeting the target of Rs. 6,000 crores and create one crore jobs set up by Prime Minister Narendra Modi in a special package for the Apparel Export Industry.

Highlighting the achievements of the industry during 2015-16, Rajani observed that in 2015-16, the share of textiles and apparels in total exports increased to 15 per cent from 13 per cent in 2013-14. He said that he was proud to inform that India has today an expanded capacity with seven new Common Effluent Treatment Plants with Zero Liquid Discharge technology in last two years covering 3000 SME units. He also said that eight apparel and garment making centres were set up in all NER (North- Eastern) States and Sikkim for promoting garment manufacturing in NER (North-East).

 
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