Industry & Economy
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Readymade Garments
Garment exports seen rising 9%
Our Bureau
Chennai, March 13
There will be a 9-10 per cent increase in the country's garment exports during 2006-07 over last year's performance of $8.2 billion, according to Mr Vijay Agarwal, Chairman, Apparel Export Promotion Council (AEPC).
"We wanted to have around 30 per cent growth rate. However, due to higher interest rate and stronger rupee, we could achieve only 9-10 per cent growth," he said at an inaugural function of the second Apparel Training and Design Centre in the city. The aim for the garment industry was to achieve an export target of $25 billion by 2010-11. To achieve this, the industry would need an additional 1.5 million people and an investment of Rs 35,000 crore in related infrastructure, he said. Over 20,000 personnel have been trained at 21 apparel training and design centres across the country. These personnel have also been placed successfully in the industry. The centres were set up by the council to upgrade the technical skills of personnel employed in the readymade garment industry, he said. Mr Agarwal said the centres provide trained manpower in the field of pattern making/cutting techniques, production supervision and quality control techniques.
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