Apparel exports to major markets such as US, Europe, others are recording healthy growth and sector would contribute significantly in achieving India's $400 bn exports target for current fiscal year
Industry representatives believe this is an indication that the sector has begun its V-shaped recovery and the situation would get better
The government removed export curbs on N-95 masks, which are in demand due to Covid-19 pandemic, with a view to promoting outbound shipments of the product
The council says decision will also help clear Rs 464 cr in RoSL claims
Apparel Export Promotion Council (AEPC) Chairman A Sakthivel welcomed the release of funds for paying the dues under the scheme for fiscal 2020-21
Council chief Welcomes Govt's readiness to sign limited deal with US, urges review of key trading pacts in order to remove disadvantages
Sakthivel sought the government's support in engaging the Indian missions to promote the shipments.
A recent BCG report said that the textile and apparel sector can triple in size to $150 billion and create 50 million jobs by 2025