2011-05-31

Apparel exports reach $1bn

"There is a good demand for our exports from the US. Also, the European market is picking up.

Apparel exports reach $1bn

Apparel exports grew to USD 1 billion in April 2011 year-on-year, due to strong demand from the US and European markets.  According to the data provided by the AEPC, India's apparel exports stood at USD 972 million in April last year.

"There is a good demand for our exports from the US. Also, the European market is picking up," AEPC Chairman Premal Udani said.

The council expects garments exports' growth to continue in 2011-12.

"We expect exports to touch USD 14 billion in the current fiscal as we are getting good response. US and Europe together account for about 65 per cent of India's total garment exports orders not only from the western markets, but also from new markets like Latin America," Udani said.

The garment industry employs about 70 lakh people in the country, out of which almost half are engaged in the export sector.

Related opportunities
  • Bricks & Cement & Sand Supplies
    Easy Build is a Meta commerce platform for Building Material..
    Locations looking for expansion Uttar pradesh
    Establishment year 2023
    Franchising Launch Date 2023
    Investment size Rs. 30lakh - 50lakh
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bishrakh Uttar pradesh
  • Quick Service Restaurants
    Our Brand "BHAJIYAWALA & CO." is rapidly growing and is..
    Locations looking for expansion Maharashtra
    Establishment year 2019
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Borivali west Maharashtra
  • Tea And Coffee Chain
    Pandharpuri Chai is one of the leading tea franchise brands..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 2lakh - 5lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
  • Car Wash / Ceramic Coating / Detailing
    About Surface Protective Solutions – SPS continues to develop what..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2021
    Investment size Rs. 5lakh - 10lakh
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hingna Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads