Dr A Sakthivel, President, FIEO HAILS THE ROSCTL SUPPORT OF THE APPAREL SECTOR

17th August 2021, Mumbai:

The announcement of RoSCTL 'support for apparel & made-ups sectors' as per Dr A Sakthivel, President, FIEO is a welcome timely announcement, more so when when have started to see buoyancy & elevated momentum in exports and currently have a robust order exports pipeline.

FIEO, President graciously & liberally thanked the Hon’ble PM, Commerce & Industry Minister and the Finance Minister for supporting the textile sector exporters with the RoSCTL most needed help during the current challenging & trying times.

He was more forthcoming in his acknowledgement this measure would add sector's competitiveness to exports of garments and made-ups from India in the coming seasons. Dr Sakthivel stressed further that the RoSCTL will facilitate the country gaining edge to let regain the lost market share & ground from competing nations. 

President, FIEO made an aspirational statement that optimistically the apparel sector should aim to enhance its share to 5% of global imports both in the woven & knitted segment and 6% in the made-ups segment by 2024 and he has been consistently been maintaing that it is doable.

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