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Indian garment makers bag export orders worth Rs 600 crore
Agencies - New Delhi
Indian garment exporters have bagged orders worth Rs 600 crore from US clients
during the trade shows held at Dallas and New York, USA, recently.
The two-day show, organised by the Apparel Export Promotion Council (AEPC),
generated on the spot business deals worth Rs 100 crore and another Rs 500 crore
as business in pipeline, an AEPC release said here.
Over 68 exporters from across India took part in the exhibition which attracted
more than 250 buyers including big companies such as Tommy Hilfiger, Federated
Stores and Perry Ellis.
According to the AEPC chairman, Mr A Sakthivel, Serious and big buyers
were satisfied with policies being adopted by the Indian apparel
manufacturers in terms of compliance, quality and price, but made some observations
on government policies.
The buyers had a note of caution on issues like age old labour policies,
which resulted in lower productivity and high cost, inadequate port facilities
leading to logistical disadvantage, delay at Indian customs for imports of exportable
manufacturing, and laws, which did not encourage raising social standards issue,
Mr Sakthivel claimed. The general perception of the buyers was that India stands
to gain tremendously, if these anomalies were rectified by the government at
the earliest, he added.
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