Apparel exports in 2007-08 are expected to stagnate at around US$ 9 bn. The rupee appreciation and fall in US demand had been the main reason behind this stagnation.
Further, India has fallen behind some of the much smaller economies like Bangladesh, Vietnam and Indonesia in apparel exports. AEPC is confident of regaining lost grounds with the implementation of proposals.
The Council is hopeful of achieving at least 10% growth in 2008-09, if the incentive packages are available in time and some of the important apparel categories and markets are considered for the Focus product and Focus Market Schemes.
Apparel Export Promotion Council
marketing@alchempro.com
