Garment exports to touch US$ 60 billion in next three years

Garment exports to touch US$ 60 billion in next three years

Press Information Bureau: December 03, 2013

New Delhi:Speaking on the Textile Conclave 2013, here today, Chairman, AEPC said that India’s garment exports would be touching 60 US $ billion in the next 3 years, with the help of Government support. Dr. Sakthivel identified shortfall of labour to be the biggest bottlenecks. Chairman AEPC informed that, “We are getting good orders and have won the confidence of buyers. As a brand India we are recognized everywhere but challenge is translating that leverage into the world textiles global hub.” We are looking for skilled people in large number to meet them. Definitely India will be number one in garment export. The one day Textiles Conclave 2013 is the organized by the Ministry of Textiles. The Union Textiles Minister inaugurated the conference in presence of Secretary Textiles Smt. Zohra Chatterji and stakeholders of the Textiles Industry.

Apparel exports grew to 31% for the month of October 2013. Export in dollar terms for April-Oct. of the FY 2013-14 has increased by 15.5 per cent over the same period of previous FY and reached to USD 8259 million however, in rupee terms exports increased by 26.18 per cent compared to same period of last FY.

Lauding the efforts of Textiles Minister Dr. K S Rao and Secretary Textiles, Smt Zohra Chatterji , Dr Sakthivel stated that, “Today’s Textiles conclave is the first conclave in the history of India. This is a mega platform where all stakeholders from the Textiles industry, including policy matters, industrialists and the Government, to usher the new era for the Indian Textiles Industry. The issues that were discussions and deliberations and sharing of prospective will surely fix the agenda of the textiles Industry. Bodies like NTC, SRTEPC, EPCH, TEXPROCIL. SIMA, CMAI

On the partnering OF Textiles Conclave with CNBC TV 18 for the Textiles conclave Chairman AEPC, stated that, there is also way to brand India through international media tie-ups and promotions.

Speaking on the Textiles Conclave 2013 Dr. K S Rao, the Union Textiles Minister stated that, I am happy to participate in the Textiles Conclave. This is the golden era of textiles in India and we have to work to make India hub of Textiles exports. I don’t think it’s difficult to achieve the number 1 position. We have the potential and capacity we need to just take care of skill training and power availability.

Delivering the inaugural address Secretary Textiles, Smt. Zohra Chatterji stated that, we are building road map to move forward. The planned schemes are ready and we are going full way to implement it. We have a strong raw material base, skilled workforce and stringent compliant standards. Top brands and retails are eyeing India as a sourcing destination. We have a large skill base to meet the growing burgeoning demand the women need s to work for the longer hours and our role is to make this possible.

The participants of AEPC also spoke of DISHA which is the program for ensuring compliance in the garment factories in India.