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AEPC fashion show in US cities nets Rs 100-cr orders
Our Bureau
New Delhi
,
June 15
THE Indian fashion mega show organisedby the Apparel Export Promotion Council (AEPC) this month at Dallas and New York has resulted in spot business deals worth Rs 100 crore with another Rs 500-crore business in the pipeline.
As many as 250 overseas buyers representing a whole range of men's, women's, children's and kids wear both in knits and woven attended the show and the attendant buyer-seller meeting in both the cities.
The show had an Indian delegation comprising the AEPC Chairman, Mr A. Sakthivel, and a team of executive committee members along with AEPC officers.
Mr Saktivel said that the council had plans for mega shows at Spain and France in September this year.
The overseas buyers expressed their satisfaction by the policies adopted by apparel manufacturers from India in terms of compliance, quality and price, even as they had some observations on Government policies, according to an AEPC statement.
The buyers had a cautious note on issues such as age-old labour policies, which cause lower productivity and high costs, inadequate port facilities, leading to logistical disadvantage, delays at Indian customs for import of exportable manufacturing items and social standard issues. The general perception of the buyers was that India stands to gain immensely if the Government rectifies the identified anomalies.
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