Unlocking Opportunities: IndianGarmentExport Potential to Japan, AEPC Emphasizes
The AEPC highlighted the significant export potential of Indian clothing businesses to Japan, urging the domestic industry to fully utilize the bilateral FTA.
AEPC plans to lead a delegation to the India Tex Trend Fair in Tokyo started from July 23, featuring over 200 exhibitors including prominent Japanese brands like Sumitomo Corporation and MUJI.
Indian exhibitors will showcase a wide range of readymade garments. AEPC Chairman Sudhir Sekhri emphasized Japan’s status as the fourth largest garment importer globally and the advantage of India’s duty-free access under the Indo-Japan trade agreement. He encouraged Indian manufacturers to seize this unique opportunity, noting India’s minimal 1.37% share in Japan’s $23 billion garment import market.
Sekhri highlighted India’s robust garment industry and its capacity to meet diverse demands, amidst a trend of declining Chinese market share, suggesting ample prospects for Japanese traders.
