Apparel Export Promotion Council (AEPC) expects apparel exports from the country to expand by about 40 per cent this fiscal. A Sakthivel, Chairman, AEPC, said, AEPC is majorly focusing on exports of new medical textiles this year. This will help the council to increase its total apparel exports from $15.4 billion last fiscal to about $22 billion in 2020-21.
Sakthivel also urged the council members to begin exporting manmade fibre (MMF)-based garments as there is a huge demand in the global market. Sakthivel says, AEPC will sign MoUs with his MMF manufacturers, including Reliance Industries in a bid to increase textile exports. For facilitating R&D into various fiber base, technologies, processing and sample development, the Council will set up a dedicated R&D Centre at its head office. The Council also plans to foray into Virtual Trade Fairs & Exhibitions by setting up AEPC’s own virtual platform.
