A Sakthivel, Chairman, AEPC has hailed the textile ministry’s decision to investigate yarn cartelization that has led to a sudden spike in cotton yarn prices. The Textile Ministry at a recent TEXPROCIL award function had announced its intent to find a solution to the problem in partnership with the industry for the overall interest of the industry.

Sakthivel said, the industry needs to undertake a third party study of sudden spikes in cotton yarn prices which affects the prospects across the value chain of Indian textiles. It cannot be accepted that data to the same is not available. This will help curb the steep increase and unpredictability in availability of cotton and yarn that is hampering the apparel industry’s order book planning and overall competitiveness of the entire value chain, he added.

In recent years AEPC has worked tirelessly in integrating the entire industry - starting at the grass root level of training the workforce and supplying a steady stream of man power to the industry; identifying the best countries to source machinery and other infrastructure and brokering several path breaking deals for its members and finally helping exporters to showcase their best at home fairs as well as be highly visible at international fairs the world over.

Twice a year, AEPC showcases the best of India's garment export capabilities through the prestigious India International Garment Fair, playing host to over 350 exhibitors displaying the exotic, the haute, the pret, the contemporary and much much more.

With AEPC's expertise and all the advantages that India has, it makes for a truly win-win situation - Indian exporters grow stronger each year in their achievements, skills and proficiency, while international buyers get superior solutions for their garment imports.