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The Apparel Exporters
Promotion Council (AEPC) conclave was anchored by council's chairman
Premal Udani at the 10th edition of India Fashion Forum. Some of the
leading exporters from the fashion industry debated on the prospective
markets by weighing out the global vs the domestic scenario.
AEPC secretary general
Vimal Kirti Singh said the market share of Indian exporters is 43 per
cent in Europe and 42 per cent in the United States. "The government is
looking at exploring newer potential markets such as Japan and South
Africa. Currently, it is not foreign exchange but skill development on
which the govenment is concentrating."
Mr Singh also predicted
that moving forward the domestic sector as well as the export sector in
India will open up job opportunities for a huge number of skilled
labour.
In this context, Mr Udani
added that compliance is becoming an important factor in this new age
fashion industry. The idea is to keep to socially approved norms and
build productivity in small and medium factories as well. Mr Rahul
Mehta, managing director of Creative Group, and Mr Ashok Rajani,
chairman of AEPC's export promotion sub-committee, were
also part of the panel.
The speakers unanimously
expressed their desire that exporters should create domestic brands.
And thus, establishing Brand India is the way forward according to the
panelists.
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