NAEC bets on the 22nd Global Textile Trade Fair, US

NAEC bets on the 22nd Global Textile Trade Fair, US

08 April 2022, Mumbai:

Noida Apparel Export Cluster (NAEC) 

Started in July 2007, the Noida Apparel Export Cluster (NAEC) has come a long way and today with over 100 members and a strong support from Apparel Export Promotion Council (AEPC), the Cluster has become a source of strength in terms of knowledge, motivation and trouble shooting for the Apparel exporters in Noida.

NAEC has brought Exporters of Noida under one umbrella and is helping foster exchange of ideas and know how amongst its members and also co-ordinating with various Government and non-Government agencies to protect the interests of the Noida Exporters and help in the growth and development of the Industry.

Besides organizing innumerable well received workshops and seminars on issues like Quality, Productivity, Forex Risk Management, VAT, Sales Tax, Production Planning to name a few, the Cluster has also initiated long-term development programmes, the latest of which is the modernization of the Power Loom Industry in UP.

A pilot run at Tanda is already underway. The cluster has successfully completed a Lean Manufacturing program successfully under the MSME. Very few clusters have been able to achieve this distinction.

The apparel industry in Noida is betting big on the 22nd Global Textile Trade Fair in the US to tide over the Covid-induced losses.

Conceptualised by the Union textile ministry, the three-day fair is being organised by the Apparel Export Promotion Council (AEPC) and the Noida Apparel Export Cluster (NAEC) in Atlanta from June 9 to 11, with an aim to promote exports of ready-made garments and textile exclusively to the US.

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This would be the first textile trade fair with pan-India representation in the form of a cluster of pavilions covering various states of the country, according to the organisers.

There will be a special pavilion — ‘Noida, the City of Apparel’, comprising 19 stalls — at the fair, where business worth US$ 250 million is expected. “There will be no competition with suppliers from other countries,” said Lalit Thukral, regional head of AEPC-North India and president of NAEC.

“The fair will not only strengthen the trade between India and the US, but will also give recognition to Noida as the ‘City of Apparels’.

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The exhibitors from Noida will be able to target Canada and South America markets in the fair,” he said. Of about 3,200 factories in Noida engaged in apparel manufacturing, some 1000 are engaged in exports.

“In this, while the overall investment is around Rs 10,000 crore, the readymade garment exported annually from Noida is approximately worth Rs 30,000 crore,” said Thukral.

Moreover, the apparel sector in Noida provides employment to more than 10 lakh people, where 70% comprise women.

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CREDITS: NAEC TOI Pakki Khabar (The news article has not been edited by DFU Publications staff).

 

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