Exports promotion can be attained by AEPC Registration

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How AEPC registration helps in Export promotion?

• In this blog, we have discussed about how AEPC
  registration helps in Export promotion and also
  the benefits attained by the people.

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• Chiefly, AEPC stands for Apparel Export Promotion
  Council. The exports council is supported by the
  ministry of textiles, government of India is the
  agency to promote export of ready-made garments
  from India to other foreign countries. In order
  to motivate the growth of the garment exports
  both in quantity and quality wise, AEPC offers
  technical assistance, guidance and information
  seeking to open up new marketing avenues for
  exporters. Moreover, AEPC has got around 7000
  apparel manufactures as its members and 150
  staffs across 11 offices all over India. It is
  contributing a share of 6 of Indias total
  exports, which is around 3 of the world trade in
  clothing.

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• In addition, AEPC was incorporated under the 25
  of the Companies Act, 1956 as a company limited
  by guarantee on 22nd February, 1978 with the
  prime object of promoting and regulating
  the growth of Readymade Garments to protect
  Indias image as the reliable suppliers of high
  quality readymade garments and services. The
  Council is sponsored by the Government of India,
  Ministry of Textiles.

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Exports promotion council functions

• The major functions of Exports promotion council
  are
• In AEPC, Administers and supervisors exports
  readymade garments for countries under MFA.
• Discovers market place and identifies items which
  offer export potential.
• Provides library facilities to the members
  enabling them to keep well-informed about new and
  current fashion trends in world market and
  circulates international market information.
• Organizes Buyer Seller Meets abroad for selected
  products.
• Participates in Trade Fairs and Exhibitions
  abroad.

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• Organizes seminars, discussions about the topics
  of current interest.
• Creates and assists the publicity in abroad for
  selected products.
• Provide suggestion for Government on matters of
  Export-Import Policy for readymade garments. And
  also arranges suitable union between buyers and
  suppliers.
• Further, AEPC also promotes prestigious fairs
  namely
• India International Garment Fair (IIGF) which is
  conducted biannually for spring/summer and
  autumn/winter
• And India Knit Fair (IKF) is an annual fair.
  These fairs are attended by foreign buyers and
  generate business for Indian garment globally.

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Notable Achievement of AEPC
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• The notable achievement for the garment industry
  with the formation of the AEPC in our country is
  that it enters into a new era with the
  development in its exports. The new Council will
  be a very important additionally to other 18
  exports promotion councils contributing their
  share in the export promotion under different
  items. In the economic history of our country the
  formation of this Council is a most valuable step
  to boost the exports of readymade garments.
• Till now, Cotton Textiles Export Promotion
  Council was handling the export promotion work of
  garments, but now as the garment industry has
  achieved the target of 250 cores, the leaders of
  the garment industry thought that it would happen
  only in the interests of the garment industry to
  have a separate AEPC.

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Two leading organisations

• AEPCs two leading organizations of readymade
  garments, clothing manufacturers association of
  India, Bombay and garments exporters association,
  New Delhi took a great lead in this matter and
  formed a Special ad-hoc committee. The
  development of garments exports achieves major
  tasks such as
• Earning foreign exchange for the Country
• Providing employment
• Encouraging tourism

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OBJECTIVES OF AEPC

• To promote, increase, develop the export of all
  types of ready-made garments excluding woolen
  knit wear, garments made of leather, jute and
  hemp.
• Undertake export promotion measures for research,
  quota distribution and allocation.
• For Finding out the tariff and other restrictive
  practices of importing countries and also the
  product range and export prices of garments of
  other countries,
• Develop new designs and also the patterns of
  garments, to undertake marketing in individual
  foreign markets and to send trade assignments and
  missions to foreign countries as well as to the
  survey export potential of ready made garments
  from the country.

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• AEPC appoint representatives or agents in foreign
  markets for the purpose of regularly reporting
  the markets prices, market preferences and latest
  fashions and designs prevalent in the foreign
  countries.
• To support members in the Small Scale Sector by
  giving assistance in the matter of understanding
  and implementation of the drawbacks, rules and
  procedures, also the import licence facilities
  provided and how to apply for the facilities.
• To undertake training of workers and
  technical personnel, to improve the skill of
  workers engaged in garment manufacturing in India
  and to assist in the technological base of the
  garment industry.

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How does AEPC help in export promotion?

• As per MDA guidelines, any exporter who is a
  member of AEPC with at least 12 months of
  membership and export turnover of the company
  less than 15 crores rupees in the previous
  financial year can avail MDA grant for
  participating in overseas trade fairs. The MDA
  eligibility according to the area-wise for a
  particular financial year is given below

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During the year 2008-09 tend through AEPC in
different AEPCs overseas fairs. List of
exporters, who have received MDA is placed in
AEPC website.
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Eligibility for AEPC

• Consequently, AEPC is registered under section 25
  of the Companies Act 1956 and it has two
  categories of Members Member Exporter and
  Registered Exporter.
• Any applicant, firm or society who is an exporter
  of garments whether manufacturer exporter or
  merchant exporter in the export are eligible to
  be registered as a Registered Exporter of the
  Council.

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• The Executive Committee of the Council has made
  the following criteria for the registration of
  Member Exporter
• The Applicant is a registered company or in case
  of individual for sole proprietor firm, he or she
  is more than 21 years of age on the date of
  application for membership.
• The applicant or the director of the company has
  not been adjudicated insolvent by a competent
  Court of Law.
• The applicant or any partner/director of the firm
  has not been convicted of an offence involving
  misconduct.
• The aggregate export performance of garments of
  the company is more than Rs. 1 crore during
  previous three financial years.

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CONVERSION FROM REGISTERED EXPORTER TO MEMBER
EXPORTER

• For AEPC, applicant who fulfil the above criteria
  should apply to the Council for conversion from
  Registered Exporter to Member Exporter along with
  following documents.

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• Exporters turnover of readymade garments during
  the previous three financial year duly certified
  by a Chartered Accountant or from the bank.
• Application from duly filled by the applicant
  that may be downloaded from Councils website
  i.e.www.aepcindia.com
• Demand Draft/Pay Order/Cheque of Rs.8000/- 18
  GST (Total Rs. 9440/-)as annual subscription as a
  registered exporter . A separate Demand Draft/Pay
  Order/Cheque (Rs.1000/- 500/- difference
  amount GST _at_ rate of 18 as entrance fees as
  Member Exporter (Total Rs.1770/-).
• The Original registration cum membership
  certificate of registered exporter.
• The application for Conversion from Registered
  Exporter to Member Exporter along with the above
  documents can be submitted at Registered Office
  or at concerned branches of the Council.