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Indian apparel exports to touch USD 17 bn: AEPC

The Indian apparel industry is witnessing an upswing and the exports are likely to go up from USD 13 billion last year to USD 17 billion in the next two years on the back of economic recovery in the US and Europe, according to Apparel Export Promotion Council.

Garment exports could touch $30 billion in 3 years: AEPC

At present, import duty on synthetic fabrics is about 21 percent.

AEPC disappointed with RBI mid quarter monetary policy review

The apex bank on Tuesday kept the key interest rates unchanged but hinted at easing rates in January stating that with decline in inflation, the focus of monetary policy would shift to the task of removing impediments to growth.

Difficult to achieve $18 bn target for apparel exports

It will be difficult to achieve this fiscal's USD 18 billion apparel export target set by the Textiles Ministry, even as efforts are on to explore new markets with diversified products, Apparel Export Promotion Council (AEPC) has said.

Indian garment sector not deploying child labour: AEPC

Apex garment body Apparel Export Promotion Council (AEPC) Tuesday said the Indian garment sector complies with international labour laws that prohibits child labour.