Perfect Sourcing - February 2019

Apparel Export Promotion Council (AEPC) has reviewed the export performance of Apparel Export Industry and it seems, the exports for the period April – December, 2018 is US$ 11350 mn, which is a negative growth of 8.35 % of corresponding period in the last year. Also, the total exports for 2018-19 is estimated and likely to be US$ 16650 mn which indicates flat growth as compared to last fiscal. While the growth of Bangladesh is increasing, Vietnam is eyeing USD40 bn in garment exports; India is still not able to reach new export targets, what is the reason for this? Is it only because of Govt. or policies or is it also because industry is moving away from the business? Read More on our website: www.perfectsourcing.net