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The Apparel Export Promotion Council (AEPC) has planned to organise a buyer-seller meet (BSM) in Uruguay and Chile between March 16 and 22 with 25 exhibitors at each venue.
The Ministry of Textiles and Ministry of Commerce have approved the funding under Market Access Initiative for the proposed meet, a council release said.
Export of readymade garments to Uruguay increased from $9.5 million in 2013 to $13 million the following year and Chile's import volume of readymade garments from India rose from $45.1 million to $50.7 million during the same period.
The BSM is being organised after taking into account the huge potential for export of such goods from India, the council noted.
AEPC has tied-up with the Santiago Chamber of Commerce in Chile for inviting prospective garment buyers to the meet and with a PR Agency at Uruguay for getting the buyers to the venue.
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