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Western crisis-hit AEPC holds fair to raise exports

Apex apparel body AEPC has organised a two-day fair in Gurgaon beginning Monday to attract foreign buyers and boost exports from the sector which has been hit hard by the global demand slowdown.

Buyers from countries such as Greece, Australia, South Africa and the US are participating in the fair - India Market Days.

The event would help the exporters find the right partners for their business,' Apparel Export Promotion Council (AEPC) A Sakthivel said while inaugurating the fair.The event will provide a platform to Indian exporters to showcase their products, he added.

'We hope that through this fair apparel exporters will generate good business deals with buyers from different countries,' he said.

Products which have been showcased include childrens wear, ladies wear, mens wear, silk garments, handbags and home furnishing. Due to the global slowdown, it will be difficult for the country to achieve this fiscal's $18 billion apparel export target.

India's apparel exports entered negative zone by registering a decline of about 2 per cent to $1.14 billion in December due to fall in demand in western markets, particularly the EU and the US.
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