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India's RMG exports rise despite global slowdown: AEPC Chairman

  

Indias RMG exports rise despite global slowdown AEPC Chairman

 

Sudhir Sekhri, Chairman of AEPC, highlighted the remarkable growth of India’s ready-made garment (RMG) exports, despite global economic challenges such as inflation and a slowdown in major exporting countries. The WTO has revised its global merchandise trade growth forecast to 3 per cent for 2025, down from 3.3 per cent, yet India's RMG exports continue to excel.

Sekhri noted India's unique strengths, including low import dependence, a comprehensive ecosystem from fibre to fashion in both cotton and man-made fibres (MMF), and a vast, young labor force. These advantages position India for even greater success. The RMG sector is particularly crucial for job creation, especially for unskilled and underprivileged workers.

AEPC plans to participate in several major international fairs and will host Bharat Tex again in 2025. Recent roundtables with global brands and buying consultants indicated strong interest in strengthening ties with Indian exporters.

Secretary General Mithileshwar Thakur added that India’s apparel exports are on a high-growth path, achieving double-digit gains in recent months despite geopolitical challenges and supply chain disruptions. International roadshows in Spain and New York will further position India as a global hub for textiles, showcasing innovation, technology, and sustainability.

 
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