New Delhi
Textiles
Secretary Upendra Prasad Singh has released a Compendium on MMF (Man Made
Fibre) Garments during the Executive Committee meeting of the Apparel Export
Promotion Council (AEPC) at the Apparel House in Gurugram.
Singh
appreciated the efforts of the Council in bringing out the compendium that
covers details of all 90 MMF garment HS lines, the supplier details, including
the top 10 high potential MMF garments for the USA market.
He
said that the apparel sector is very important for the economy as it provides
livelihood to a large segment of population and has a major contribution
towards exports and GDP. He also assured the members of addressing the issues
faced by the apparel exporters in increasing their share in the global apparel
trade.
Singh
also said that the Rebate of State and Central Taxes and Levies (RoSCTL)
scheme, along with the proposed Production Linked Incentive (PLI) scheme and
Mega Investment Textile Parks (MITRA), would help apparel manufacturers see
their exports registering a quantum jump.
A
Sakthivel, Chairman, AEPC stated that, the apparel exporters are thankful to
the government and the Ministry of Textiles for accepting the request for the
PLI scheme for the MMF segment.
He
added that, the aim of the compendium, which has details of HS codes, pictures,
fabric suppliers and prices, is to ensure better preparedness by the industry.
Source: Knowledge and News Network
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