Ministry of Textiles20-March, 2013 15:53 IST
Competition being Faced by Readymade Garment Exporters from China
The details of exports of readymade garments by India and China to world and major destinations during the last five calendar years are as under:-

 

The details of exports of readymade garments by India and China to world and major destinations during the last five calendar years are as under:-

 

India’s exports of RMG

Calendar Year (value in USS million) 

2008  

2009  

2010  

2011  

2012 

World 

10685

10945

10614

13467

12945

EU 

5189

5440

4928

6361

5518

United States 

2836

2626

2787

3143

3056

 

China’s exports of RMG

Calendar Year (value in USS million)

2008  

2009  

2010  

2011  

2012  

World 

113021

100503

121070

143264

148302

EU 

28337

26746

32881

39536

34094

United States 

16393

18060

22883

25461

26190

           Source: GTIS

 

The measures taken by the Government to assist Indian apparel export companies to increase their export are (i) 2% interest subvention scheme on readymade garment sector extended up to March’2014 (ii) Additional incentives for incremental exports to the US, European Union and Asian countries (iii) Additional duty credit of 2% of FOB value given on export of certain knitwear apparels for the year 2013-14 (iv) Inclusion of new Markets such has New Zealand, Cayman Islands, Latvia, Lithuania and Bulgaria under Focus Market Scheme (v) 2% market Linked Focus Product Scheme for USA and EU extended up to 31st March, 2013 (vi) Use of Focus Market Scheme, Focus Product Scheme, status holder incentive scrip and MLFPS for payment of excise duty for domestic procurement and (vii) extension of Zero duty EPCG scheme up to 31st March, 2013.

 

The Plan of action prepared by Government to boost the apparel exports from India are (a) Continuation of MAI (Market Access Initiatives) and MDA (Market Development Assistance) to apparel export for market diversification and to increase their share in world trade (b) Skill development programme under ATDC to make available skill workforce to apparel export sector (c) Assistance under Knitwear Technology Mission (d) Assistance under Technological Upgradation Fund Scheme (TUFS).

 

This information was given by the Minister of State in the Ministry of Textiles, Smt. Panabaaka Lakshmi in a written reply in the Rajya Sabha today.

 

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DS/RK

 


(Release ID :94042)