APPAREL | Fashion Updates

September 2024 sees an amazing 17.30% surge in apparel exports.

Published: October 17, 2024
Author: Fashion Value Chain

–  Apparel exports records high growth despite global headwinds: Chairman AEPC

– FTA countries are paving the way for market expansion and growth

In his remarks, Shri Sudhir Sekhri, Chairman of the AEPC, said of the remarkable rise in RMG exports from India: “India’s RMG exports have recorded high growth despite global headwinds and continued inflationary pressure.” The rise of RMG exports has slowed down recently, even in the top garment exporting nations.

When comparing September 2024 to September 2023, there was a 17.3% increase in RMG exports. Between April and September of 2024–2025, RMG exports were USD 7505.1 million. demonstrating an 8.5% rise from April to September of 2023–2024.

“India is uniquely placed with the advantage of low import dependence, existence of the entire ecosystem from fiber to fashion, abundant and young labor force & therefore scope for growth is unlimited,” Chairman AEPC continued.

“To expand our global footprint, we will be taking part in a number of significant international fairs this year and hosting Bharat Tex once more in 2025. In preparation for Bharat Tex 2025, we convened roundtables with purchasing consultants and multinational brands. A significant number of buying agents and consultants attended the roundtables, demonstrating their desire to strengthen their ties with the Indian exporting community. As we interact more, we hope that this bond will only get stronger. This month, AEPC will travel the world, doing roadshows in Spain and New York.

According to AEPC Secretary General Shri Mithileshwar Thakur, “Indian apparel exports are currently on a high growth trajectory.” Despite supply chain delays and geopolitical concerns, we have begun to realize the unrealized potential and have recorded exceptional double-digit growth in RMG exports over the past few months. To argue that India has become the global standard for sourcing destinations would be an understatement.

We are performing incredibly well in several of the leading garment marketplaces, I’m delighted to report. RMG exports to the USA increased by 9.7%, the UK by 6.1%, Germany by 7.2%, Spain by 16%, and the Netherlands by 27.8% between April and August of 2024.

In his remarks, Shri Sudhir Sekhri, Chairman of the AEPC, said of the remarkable rise in RMG exports from India: “India’s RMG exports have recorded high growth despite global headwinds and continued inflationary pressure.

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