Latest News | Formation of Export Promotion Council for Technical Textiles to Boost Shipments: AEPC

Get latest articles and stories on Latest News at LatestLY. The formation of a dedicated export promotion council for technical textiles will help boost shipments from the sector and promote domestic manufacturing, the AEPC said on Wednesday.

New Delhi, Dec 2 (PTI) The formation of a dedicated export promotion council for technical textiles will help boost shipments from the sector and promote domestic manufacturing, the AEPC said on Wednesday.

Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said the industry is hopeful of a manifold growth in this high potential sector.

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Of the 207 items notified as technical textiles in January 2019, there are 12 products of apparel, he said.

"The global market for these 12 products is estimated to be USD 11 billion, though India's exports is only USD 93 million. This indicates a huge potential in these products if dedicated export promotion activities are undertaken for these products," he added.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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