NEWS DETAILS

Date: 03/12/2024

Big import opportunities seen for British apparel firms in India
 
The Apparel Export Promotion Council (AEPC) has said that huge import opportunities exist for British apparel firms in India and they should participate in large numbers in the upcoming mega textile show next year. AEPC Chairman Mr Sudhir Sekhri said that the UK is a global fashion hub and the sixth largest apparel importer, with a total import value of USD 20.27 billion in 2023. India, with its robust textile and apparel sector, has long been a trusted partner for the UK. In 2023 alone, India’s exports to the UK reached USD 1.2 billion, securing a 6.14% share of the UK’s textile and apparel market. Exports of readymade garments to the UK during April-October 2024-25 rose by 9.4%, it was highlighted, as per a report.
 
Source: Exim News Service: New Delhi, Dec. 2