The Apparel Export Promotion Council had organised ‘Fabric of Unity’, an event to celebrate Indian textiles, an embodiment of National integrity of the country.
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Misfortunes have come in battalions for textile exporters ? firstly GST dilemma, then, hardening of rupee and now the axe on duty drawback rates. An exclusive ITJ Report throws some light on the issue.
The Apparel Export Promotion Council (AEPC) has welcomed the announcement of Gujarat Government to extend its textile policy by one year.
Afair number of Indian companies are today showing the way, none more so than Pratibha Syntex, which started its organic and sustainable manufacturing. Pratibha Syntex is a leading manufacturer and exporter of knitted garments and speciality yarns, and engages in organic cotton farming, manufacture of cotton, organic cotton, fair trade cotton, etc.
India International Garment Fair (IIGF), which will be held in New Delhi from January 18 to 20, 2017, is aimed at helping exporters from India showcase their latest designs and apparels for the upcoming season, and expected to attract buyers from all over the world. India’s rich heritage of fabrics mixed with its artisans offers buyers a staggering range.
Apparel Export Promotion Council (AEPC) has signed an MoU with the Tehran Garment Union (TGU), an influential manufacturers and retailers association with legislative power in terms of garment commercial affairs in Iran. The MoU signed during the recently-concluded 57th India International Garment Fair (IIGF) in New Delhi by Ashok G Rajani, Chairman, AEPC, and Mohamad Javad Sedghamiz, VP, TGU, will fuel efforts to promote bilateral trade and industrial cooperation in the textile and fashion sectors among Indian and Iranian partners.
Britain’s decision to exit from the European Union is likely to heighten the uncertainty in garments and other sectors in India. Karthik Muthuveeran analyses its impact on textiles. The Brexit impact is not only limited to Britain, but also European countries. London has always acted as a financial hub, which gives access to capital markets of the world to Europe. But with Brexit, European Union will end up having a limited access to capital markets. In all likelihood, access to this market will form a key part of trade negotiations. There are as many pros as cons in Britain exiting the Europe.