Indian apparel exports have witnessed a serious 12.9 per cent progress in December 2024 as compared with the equivalent month closing 12 months, in response to the Apparel Export Promotion Council (AEPC). This sturdy effectivity marks six consecutive months of strong progress for the sector, no matter world monetary challenges and subdued demand in principal markets.
AEPC Chairman Sudhir Sekhri expressed optimism, stating that this progress momentum presents a significant various for India to broaden its world market share and enter new territories. He emphasised the operate of the upcoming Bharat Tex 2025 exhibition in facilitating new enterprise partnerships and driving extra commerce progress.
Sekhri moreover highlighted the export progress from April-November 2024-2025, they went up by 14.3 per cent throughout the USA, 8.1 per cent throughout the UK, 33.6 per cent in Netherlands, 20.7 per cent in Spain, and 9 per cent in Germany.
Sekhri highlighted quite a lot of key components contributing to the constructive outlook for Indian apparel exports, along with improved product acceptance, adaptability to evolving consumer tendencies, rising manufacturing facility compliance with worldwide necessities, and supportive authorities insurance coverage insurance policies.