1.9 C
Munich
Friday, December 20, 2024

India’s readymade garment exports rise in double digits despite global challenges: AEPC (#1687408)

Must read


Published



December 20, 2024

From April to November this year, India’s readymade garment exports increased by 11.4% to total $9.85 billion despite challenges in the global economy, according to the Apparel Export Promotion Council.

A recent Apparel Export Promotion Council roadshow in London, UK – Apparel Export Promotion Council- Facebook

“With India’s inherent strengths and strong supportive policy framework by the centre and states, India is all poised to reap its benefits,” said the AEPC’s chairman Sudhir Sekhri, the Press Trust of India reported. “With end to end value chain capability, a strong raw material base, and factories focusing on sustainable responsible business practices, India will surely see substantial growth in times to come.”

The AEPC is confident that more global apparel orders will move to India in the future, ET Retail reported. The traders’ body interprets the growth in Indian orders to also represent growing global trust in the country’s manufacturing capabilities and aims to continue to draw international trade opportunities to India through its upcoming trade show Bharat Tex Expo 2025. 

“We have been to various countries during the Bharat Tex Roadshow and have received phenomenal responses from international buyers and retail chains,” said Sekhri. “I am sure this platform will enable great collaboration and expand sourcing networks while promoting foreign direct investment in India.”

Copyright © 2024 FashionNetwork.com All rights reserved.



Source link

- Advertisement -spot_img

More articles

- Advertisement -

Latest articles