New Delhi, Sept. 18 -- Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel has called for a joint action plan to increase export of manmade fibre (MMF) garments for raising Indias share in global apparel trade.
Speaking at a webinar on Increase in Export of MMF Garments, organized by AEPC, Dr Sakthivel said, At AEPC, when we started exploring how to increase exports, we found that the export of manmade fibre garments is only 10 per cent of our total exports. It is hardly USD 1.6 billion, whereas the world trade is about USD 200 billion.
We have a lot of fibre and yarn but we are not able to make the best fabric out of India. So, to increase our share in the global MMF garments business we have initiated a dialogue with Grasi...