Reopening of economy to help apparel exports catch up fast: AEPC
PTI, Jul 3, 2021, 1:12 PM IST
Credit: Reuters photo
New Delhi: Easing of lockdown restrictions by different states would help apparel exports catch up fast and surpass the pre-Covid levels soon, AEPC said on Saturday.
Apparel Export Promotion Council (AEPC) Chairman A Sakthivel said that while the overall global demand has remained buoyant, the lockdowns in different parts of the country had kept factories in partial shutdown.
With decline in daily cases of infection and resumption of economic activities, India is now set to achieve healthy exports growth, he said.
“With the reopening of the economy, apparel exports are likely to catch up fast and surpass the pre-Covid levels soon. India’s economic recovery is likely to be led by exports till domestic demand picks up. And, leading the pack of exporters will be the MSMEs, as exports need personalised management,” Sakthivel said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
FSSAI directs online platforms to deliver food items with minimum 45 day shelf life
Retail inflation rises to 6.21 pc in Sep amid higher food prices
Sensex, Nifty slump 1 pc amid unabated foreign fund outflows, weak global trends
Integrated Air India-Vistara entity’s first flight takes off from Doha
PHF Leasing Limited Transforms into Credifin
MUST WATCH
Latest Additions
FSSAI directs online platforms to deliver food items with minimum 45 day shelf life
Maharashtra Elections | PM Modi has eliminated terrorism, Naxalism; Article 370 not coming back: Amit Shah
Ayodhya: Security beefed up around Ram Temple after ‘threat’ by pro-Khalistan leader Pannun
India successfully test-fires long-range cruise missile
Blind T20 WC: Indian team eyes clearance from MHA, MEA; Sports Ministry clears travel to Pakistan
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.