On the eve of the signing of the Free Trade Agreement (FTA) between India and the European Union, Dr. A. Sakthivel, Chairman, Apparel Export Promotion Council (AEPC), conveyed his sincere appreciation to the Hon’ble Prime Minister of India for his visionary leadership and to the Hon’ble Union Minister of Commerce and Industry for his tireless efforts in bringing the negotiations to a successful conclusion.
Dr.Sakthivel stated that the European Union is the world’s largest apparel market, and the India–EU FTA represents a once-in-a-generation opportunity for India’s garment sector, which currently exports over USD 4.5 billion worth of apparel to the EU. He pointed out that Indian garment exporters have long faced tariff disadvantages compared to competing nations such as Bangladesh, Vietnam, and Turkey.
He expressed confidence that, under the guidance of the Hon’ble Prime Minister, India would have secured zero-duty market accessdr a saktive for apparel products from the date of entry into force of the FTA. Such a provision, he emphasized, is crucial for employment-led growth, strengthening MSMEs, supporting women-intensive manufacturing, and enhancing India’s global competitiveness in the apparel sector.
CREDITS: This piece of information is dreived from AEPC India official id, The content has not been edited and reviewed by us.
CONTACT US 
