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HomeAssociationsOn its 47th Foundation Day, AEPC Thanks the Government for the Constant Support and Encouragement to Boost Apparel Exports

On its 47th Foundation Day, AEPC Thanks the Government for the Constant Support and Encouragement to Boost Apparel Exports

10 March 2025: Recently Apparel Export Promotion Council (AEPC) celebrated its 47th Foundation Day at its headquarters at Apparel House in Gurugram. The event began with lighting of lamps and cutting of cake. The senior functionaries and staff members of AEPC were present on the occasion.

Sudhir Sekhri, Chairman AEPC in his comment said, “The very fact that AEPC has successfully completed 47 years is a testament to the fact that it has lived up to the expectation of the entire apparel industry in general and apparel exporters in particular. On this occasion, AEPC prides itself for continuously taking up the industry issues aggressively with the government and all related agencies to promote, protect and safeguard the interests of the RMG sector.”

Further Sekhri said, “Relentless efforts of the organisation to promote the vision of Hon’ble PM has started paying rich dividends resulting in the apparel exports witnessing impressive growth since last 10 months. Export growth of 11.6% was registered during April- January 2024-25 over the corresponding period of last financial year despite global headwinds, geo-political challenges and supply chain disruptions.”

Addressing the gathering Mithileshwar Thakur, Secretary General AEPC said “Equally impressive is the growth witnessed in traditional big markets like USA and EU. Exports of RMG products have grown by 13.8% in the USA, 8.9% in the UK, 10.6% in Germany and 19.7% in Spain. Substantial growth is visible even in old and new FTA partner countries such as South Korea, Japan, Australia, Mauritius and UAE.”

On this occasion, the Apparel Export Promotion Council thanked the government especially Prime Minister Narendra Modi, Textiles Minister Giriraj Singh and Commerce and Industry Minister Piyush Goyal for providing all help and support to the garment industry.

Government’s key initiatives such as PM MITRA, PLI; extension of RoSCTL, FTAs with UAE and Australia, deeper and nuanced export strategy for 20 identified countries of prominence by engaging with Indian embassies in those countries coupled with encouragement to farmers to produce extra- long staple cotton varieties and broad-basing skilling programmes will surely accelerate growth of the sector.

The steps taken recently by the government towards establishment of Export Promotion Mission, creation of a unified digital platform Bharat-Trade-Net to streamline export documentation, support to MSMEs by facilitating easier access to credit by enhancing credit guarantee cover and setting up national centres of excellence for skilling etc. will provide momentum to the sector.

www.aepcindia.com

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