Apparel manufacturers eye $150 million from US fashion fair

16 Feb 2011

1

Indian apparel manufacturers are expecting exports orders around $150 million from the Las Vegas Magic Fair, a global trade event that provides an international platform to the apparel manufacturers worldwide.

Apparel manufacturers from Delhi, Tirupur, Mumbai, Haryana, Uttar Pradesh and Rajasthan are participating in the event, which began on 13 February, aiming to strengthen trade relations with renowned brands like Benetton, Versace, Lauren, and Wal-Mart.

Delhi has the maximum number of participants (23 per cent) followed by Tirupur (20 per cent) at the Las Vegas event.

Apparel Export Promotion Council (AEPC), the apex body of apparel exporters, has also been promoting Indian exports at the event. ''During the fair, a strong platform would be available to the American buyers for concluding long-term sourcing decisions'', said Premal Udani, chairman, AEPC.

AEPC has been providing assistance to India exporters as well as importers and foreign buyers, who choose India as their preferred sourcing destination for garments.

Indian exports to US have seen an overall increase but India's share in total clothing input has declined by 1 per cent. In 2009, India's share in apparel import to US was 4.5 per cent, which marginally declined to 4.4 per cent in 2010.

Latest articles

India expands electric bus exports with large SWITCH Mobility deployment to Mauritius

India expands electric bus exports with large SWITCH Mobility deployment to Mauritius

India signals no extension for CAFE-III rollout as automakers brace for stricter efficiency regime

India signals no extension for CAFE-III rollout as automakers brace for stricter efficiency regime

The Hormuz hedge: how energy insecurity is accelerating global clean-tech adoption

The Hormuz hedge: how energy insecurity is accelerating global clean-tech adoption

JPMorgan maintains cautious outlook on Tesla amid demand and margin concerns

JPMorgan maintains cautious outlook on Tesla amid demand and margin concerns

Tesco expands Adobe partnership to strengthen AI-driven retail media and personalization

Tesco expands Adobe partnership to strengthen AI-driven retail media and personalization

Iranian oil flows to India remain uncertain amid sanctions signals and market volatility

Iranian oil flows to India remain uncertain amid sanctions signals and market volatility

Concerns emerge over proposed cargo shift to Navi Mumbai Airport amid bilateral aviation norms

Concerns emerge over proposed cargo shift to Navi Mumbai Airport amid bilateral aviation norms

Humyn Labs invests in human-in-the-loop data to advance physical AI capabilities

Humyn Labs invests in human-in-the-loop data to advance physical AI capabilities

Scooters gain ground on motorcycles as EV adoption and urbanization reshape India’s two-wheeler market

Scooters gain ground on motorcycles as EV adoption and urbanization reshape India’s two-wheeler market