apparelindia - Apparel Export Promotion Council

AEPC Delegation
Nicaragua’s Delegation visits AEPC
Both sides agree for mutual cooperation in areas of skill development and boosting Apparel
exports…
A high level delegation from Nicaragua,
headed by H.E. Mr. Saul Arana,
Ambassador, Embassy of Republic of
Nicaragua to Japan visited the Apparel
Exports Promotion Council, Gurgaon
on 29th November 2012. H.E. Mr.
Comandante Bayardo Arce Castaño,
Economic & Trade Adviser to President
of Nicaragua and Honorable Mr.
Alejandro Lacayo, Honorary Consul of
India in Nicaragua were also part of the
delegation. Shri H K L Magu, Chairman
(F & B), AEPC and Shri Vijay Mathur
ASG, AEPC welcomed the delegation.
Assistant Secretary General, AEPC, Shri Vijay Mathur gave a
presentation to the delegation, that highlighted the prime activities
of AEPC entailing participation in overseas Garment Fairs;
organizing Market Week; organizing ‘India International Garment
Fair’, ‘Tex-Trends India’ and ‘Source Zone’; AEPC to be the
Interface between Government & Exporters along with Issuance of
Export Performance Certificates for duty free import of trimmings
and embellishments; Issuance of Certificate of Origin; Market
Development Assistance etc.
Shri Mathur also briefed the delegation on the Advantage India
stating that, “India is the 7th largest country in the world by area
and 2nd largest by population and supports over 16% of world
population. It has a young population with 64% of its population in
the age group of 15-64 years and Literacy rate is 64.8%. In terms of
labour force, we have 523.5 Mn workers.” Shri Mathur also informed
that India has a GDP of around 7% and India today also stands
number 3 in attracting FDI from the world. He said that, “We have
around 80 commercial banks and 23 stock exchanges.”
Shri Mathur also briefed the delegation on the product
diversity and cost, flexibilities, and speed. He stated that, “India
manufactures 236 products across all categories of Knitted and
Woven garments. We have about 6 million strong skilled and
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