UPSIDC to assist apparel exporters | india | Hindustan Times
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UPSIDC to assist apparel exporters

india Updated: Nov 14, 2006 00:07 IST

MANAGING DIRECTOR of Uttar Pradesh State Industrial Development Corporation (UPSIDC) Chanchal Tewari pledged all possible assistance to exporters dealing with the hosiery and readymade garments.

Tewari also exhorted exporters to avail benefits extended by the UPSIDC to the Hosiery and Readymade garments industry.

Speaking at a seminar cum workshop on ‘Apparel Exports from Kanpur’ organised by the corporation, Tewari stated that the apparel industry holds an important place in terms of providing employment to the youths.

Apparel industry provides employment to about 4-crore people and accounts for one-third of the total export from the country,” said Tewari.

He further said that apparel exports from the country were mainly to European Union countries, the USA, Canada, Saudi Arabia, South Africa, Australia and Newzeland.

Pointing towards the opportunities available in the city for the apparels’ export, Tewari said, “About 400 industrial units of the city associated with the trade do transactions worth Rs 250 crore annually. Out of this figure, exports account for Rs 50 crore.”

Informing about the corporation’s Rooma Apparel Park, Tewari said that the park was being developed for the domestic market.

While Textile Special Economic Zone  for boosting apparel export was being developed.

Speaking on the occasion, Deputy General Manager of  Small Industries Development Bank of India Nimesh detailed about financial assistance being offered by his organisation under several government schemes.

Deputy Secretary General, Apparel Export Promotion Council, Gurgaon, Dr NVR Nathan apprised exporters on how to ensure quality and control of their products.

Joint Managing Director of the UPSIDC, K Dhanalakshmi and senior officials of the corporation including Arun Mishra, KK Yadav, IA Khan, Ajeet Singh, NK Adarsh, B Saran, Siddhartha Gupta and Dr Ashok Sharma among others were also present on the occasion.