Despite current financial downturn hampering global economy, India managed to increase its RMG exports by 11.4 per cent to $9.85 billion from April-November 2024, as per the Apparel Export Promotion Council (AEPC).
India’s inherent strengths and strong supportive policy framework help boost the industry’s growth, says Sudhir Sekhri, Chairman, AEPC. The country continues to benefit from an end-to-end capability, a strong raw material base and a focus on sustainable practices by factories, he adds.
In future, more apparel orders will flow into India, opines Sekri. This will help India reinforce the global brands’ trust in its production capabilities. Upcoming trade show, Bharat Tex 2025 will also help attract global trade opportunities to India, he adds. Besides fostering collaboration the event will help India expand sourcing network and attract more FDI into the country, he adds.
