New Delhi, March 3 (IANS) Industry body Apparel Export Promotion Council (AEPC) on Tuesday welcomed the strengthening India‑Canada ties, especially resumption of negotiations on a Comprehensive Economic Partnership Agreement (CEPA), which could significantly boost apparel exports to Canada.Dr A. Sakthivel, Chairman, AEPC, said that the signing of CEPA could double the exports to Canada in next three years, besides creating huge opportunities for investment and job creation.The comprehensive tr…
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New Delhi, Feb 17 (IANS) The Apparel Export Promotion Council (AEPC) on Tuesday said the latest ready-made garment (RMG) figures show resilience of Indian apparel exporters, who continue to navigate challenging international conditions.On a cumulative basis, RMG exports during April–January 2025-26 stood at $13,129.1 million, registering a growth of 1.6 per cent over the corresponding period of April–January 2024-25 and a significant growth of 13.3 per cent compared to April–January 2023-2…
New Delhi, Feb 7 (IANS) The US trade agreement framework represents a historic milestone for India’s textiles and apparel sector, industry leaders said on Saturday.On behalf of the entire textile and apparel industry, Dr A Sakthivel, Chairman of the AEPC (the official body of apparel exporters in India), welcomed the India-US joint statement on the trade deal. “The coming decade is poised to be India’s decade in textile trade, as the country emerges as one of the most preferred sourcing de…
New Delhi, Feb 3 (IANS) Leading industry chambers on Tuesday said the India-US trade deal will enhance the global competitiveness of Indian products while catalysing manufacturing growth, employment creation and the development of resilient supply chains.The US has immediately reduced reciprocal tariff on Indian goods from 25 per cent to 18 per cent, while waiving off the other 25 per cent tariffs imposed on the country for purchasing Russian oil.“The expected reduction of US-India tariffs to …
New Delhi, Jan 24 (IANS) The textiles sector in India has seen tremendous growth in the last decade — from Rs 8.4 lakh crore in 2014 to around Rs 16 lakh crore today, becoming one of the biggest platforms for generating employment, according to the government.Textiles Minister Giriraj Singh said the domestic market also increased from Rs 6 lakh crore to Rs 13 lakh crore in 2025, while the country’s exports also witnessed over 25 per cent rise post-pandemic.Addressing the 74th Edition of Indi…