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Global brands expanding sourcing; companies may bag $3bn more orders

COIMBATORE: Textile sector is expected to bag additional orders worth around Rs 17,500 crore as global brands have expanded their sourcing of merchandise from the country, Apparel Export Promotion Council said today. 

Factory-compliant manufacturing in the country has surged with unprecedented export orders in the current season, Council's Chairman A Shaktivel said. 

In the current volatility in international buying, many brands have preferred expanding their sourcing of the merchandise from the country and the flow of expansion of orders was expected to fetch additional USD 3 billion business, he said. 

India has been chosen as the best place due to the persistent improvement in factory capacity building through ambitious programme AEPC Common Code of Conduct, DISHA, (Driving Industry Towards Sustainable Human Capital Advancement) an initiative of union textile ministry, he said. 

These had immensely benefited through DISHA intervention in the area of environmental protection, health and safety, workers' wages, responsibilities, recruitment, written policy and identifying and managing legal records and registers. 

Over 200 garments manufacturing units have already gone through vigorous capacity building in the area of 11 management principle under DISHA like hours of work, wages and benefits.