Garment exporters attending Australian exhibition to push

The council focuses on promoting apparel exports to Australia, New Zealand and other island countries in the ocean region

New Delhi, November 16 (PTI) The Indian Apparel Export Promotion Council (AEPC) said its members are attending Australia’s International Sourcing Expo to showcase their products and push further shipments.

AEPC President Naren Goenka said the expo is a huge platform for Indian garment exporters to showcase the best garment designs and styles in line with latest fashion trends in a wide range of garments traditional cotton and MMF (synthetic fibers). It offers a good opportunity to boost apparel exports.

He said the council is focusing on promoting garment exports to Australia, New Zealand and other island nations in the ocean region.

“Australia has traditionally been India’s largest apparel trading partner, with our exports accounting for 4% of total Australian apparel imports. We anticipate a stronger presence in the Australian market enjoying the recently concluded Indo-Australian Trade Agreement,” he said.

The free trade agreement would open huge business opportunities for Australian apparel brands to source from India, given the strengths of the domestic apparel industry in terms of variety of raw material availability, Goenka said.

With total apparel imports of $7.39 billion against Indian exports of $0.29 billion, the Indian apparel industry offers huge leeway for Australian companies to source from India.

“We are backed by the second largest spinning and weaving capacity in the world, giving the industry the opportunity to add 95% domestic value.” he said.

Goenka further explained that India offers the world a complete value chain solution, from farm to fashion, which gives the country a competitive advantage – shortened time to reach buyers.

India is one of the largest producers of cotton, silk and jute, technical textiles and viscose. It also produces all types of synthetic fibers, polyester, nylon and acrylic.

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