Apparel Export Promotion Council

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  Apparel Exporters Body Seeks Policy Support for Boosting Trade

  Apparel Export Promotion Council (AEPC) has asked the government to provide support in the forthcoming foreign trade policy and Budget to boost sectors shipments and create jobs.

• Rate hike to hit already subdued investments, growth: India Inc

  Hike in the key interest rate by the Reserve Bank of India (RBI) on Tuesday will hit the already weak investment momentum and impact India's economic growth, according to India Inc.

• Rupee weakness against dollar to aid exports but up manufacturing cost: industry body

  The Federation of Indian Export Organisations (FIEO) said that while the depreciating domestic currency would help exporters in a way but it also increases their manufacturing cost due to high import content in products.

• Exporters unlikely to get any sops before April 2013

  Exporters are unlikely to get any sops from the government, at least till the next financial year, even as they face tough times in international markets because of global slowdown.

• Garments to get cheaper despite hike in excise duty

  Branded garments will become cheaper because of rise in abatement from 55% to 70% despite excise duty hike