Apparel Export Promotion Council
Apparel Export Promotion Council was incorporated in the year 1978. It is the managing body for the export of apparel and textile garments in India.
- The body is headquartered at Gurugram, Haryana, and has offices all across the country. It is incorporated as a Limited Company under the Companies Act.
- APEC undertakes various export promotion measures like providing inputs for Foreign Trade Policy and budgets, market research, providing inputs for various PTAs, FTAs, and Bilateral agreements, etc.
- Also, it assists its members by making them aware of the various regulations/concessions available in the country for benefit of the exporters.
- APEC also organizes trade fairs, exhibitions, and shows for the promotion of readymade garments in India and its export abroad.
- APEC also collaborates with the governments and other organizations with an aim to promote exports of garments.
- APEC also aims to set design centers for improving the design and patterns of the garments to be exported as well as to improve the quality of the garments.
- It also provides training to workers related to the garment companies.
India-Canada B2B meeting
APEC has recently organized India-Canada virtual B2B meeting, along with the support of the Indian embassy. Speaking at the meeting, the Indian High Commissioner in Canada Ajay Bisaria said that garment exporters of India have a huge potential for increasing their business in Canada.
The size of Canada’s market of readymade garments is around $10 billion and imports from India were just 3.1% (around $ 318 million) in the year 2019. This number can be greatly improved as already 600 Canadian companies are active in India and 1000 companies are doing business with India.
Ministry of Textiles
Recently, the Textiles Ministry has approved the agreement between India and Japan for cooperation in improving and testing the Indian clothing and textiles for the Japanese market.
The first brand and logo of Indian cotton was also launched recently. It will be called “Kasturi Cotton”.