apparelindia - Apparel Export Promotion Council

Delegation
AEPC
efficient labour force and abundant availability of natural Cotton and
Silk fabrics and man-made fabrics such as polyesters and viscose,
continuous availability of Strong Middle Management in the area of
Production, Merchandising and Design and High Social Standards
in Manufacturing.” He informed the delegation that we have our own
cotton & cotton yarn, we are the third largest producer of raw cotton,
second largest producer of cotton yarn, second largest producer of
cellulosic fibre / yarn, second largest producer of silk, fifth largest
producer of synthetic fibre / yarn and largest producer of jute in the
world. We have a stable currency viz- a- viz dollar , duty free import
of capital goods & trims. ASG remarked that we export nearly 3
billion garments pieces to the world.
ASG also briefed the delegation on the drive of Common
Compliance Conduct Project called DISHA, which has the target of
sensitizing 2600 manufacturing units in next 5 years. Shri Mathur
also elaborated about the KTM project in Tirupur, where with the
state of art technology AEPC is trying to develop new fabrics which
will give a new dimension to the creation and exports of fabrics in
India.
After the presentation, Shri Magu in the bilateral dialogue,
discussed with the delegation on the potential association of both
the countries and working together to boost the apparel exports.
Mr. Bayardo stated that, “Apparel business in Nicaragua is yet
unexplored and the country does not have a developed Textiles
Industry. We are looking for strong associations that can help us in
building this sector because we are import dependent in this sector.
We import our fabrics from China and Arabian Countries.”
ASG AEPC informed that last year India’s export was worth USD
13.6 Billion and India’s exports to Nicaragua was USD 3.7 million
which can be increased to 10% in the next year.
The potential areas of mutual cooperation can include Developing
bilateral co-operation in Textile & Clothing industries; establishing
a framework for co-operation and exchange information on bilateral
apparel trade; technology Transfer and exchange of know how in
the field of apparel manufacturing and processing; taking necessary
steps for joint collaboration for investment in Apparel & Textile
trade and participating in Fairs, Workshops & Buyer Seller Meets
for Export Promotion.
Mr. Saul Arana, Ambassador, Embassy of Republic of Nicaragua
to Japan in the meeting, proposed exploring the possibility of
associations through their agency called pro- Nicaragua. He
also proposed a trade fair in Nicaragua to exhibit and market the
Indian products. An invitation was also extended to the buyers of
Nicaragua to participate in the IIGF fair; which is scheduled to take
place in January 2013.
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