The Apparel Export Promotion Council (AEPC) has set an ambitious target of exporting readymade garments worth $18 billion this fiscal. .
Briefing presspersons here on Monday, Textiles Joint Secretary (Exports) V. Srinivas said the apparel industry had exported readymade garments worth $13.11 billion in the last fiscal.
With huge investment planned in the XII Plan, , the country could export $50 billion worth readymade garments. Every one billion dollar export created one million direct jobs in this sector, Mr. Srinivas said.
The Centre and the council had been making efforts to set up apparel parks.
While two apparel parks, one in Visakhapatnam in Andhra Pradesh and another one in Alwar district of Rajasthan, had already been set up, a hosiery park was coming up in Salt Lake in West Bengal, he said.
The council was in the process of building benchmarks for the apparel industry to compete with emerging competitors — Bangladesh and Vietnam. A taskforce was being set up for this purpose, Mr. Srinivas said.
To make skilled manpower available for this sector, the council was in the process of setting up 143 apparel training design centres across the country.
The government was also in the process of expanding the markets to Japan, the European Union and the United States, Mr. Srinivas said.