Many people want to export clothing, but are uncertain of what criteria they need to meet in order to be recognised as a member of the Apparel Promotion Export Council of India. Fortunately, with this article explaining all your eligibility requirements, it can be much easier for you to figure out which category you need to choose.
About AEPC
AEPC is the official body of apparel exporters in India, providing valuable assistance to exporters and importers. Its vision is to enhance the competitive advantage and global positioning of the Indian apparel industry in a sustainable manner. AEPC’s mission is to facilitate the industry in achieving national targets and creating value for consumers and society. Let’ know about APEC Eligibility in this blog.
AEPC Vision & Mission
AEPC’s vision is to promote, support, and facilitate the Indian apparel industry. It seeks to enhance its competitive advantage and global positioning in a holistic and sustainable way that is beneficial to all stakeholders.
AEPC’s mission is to attain this vision by facilitating the industry to achieve national targets on export promotion, employment generation, productivity enhancement, and brand creation. APEC seeks to do this in a responsible and progressive manner, thereby providing enhanced value to consumers and society at large.
APEC Eligibility
The APEC is the premier trade promotion organisation in India for the country’s exports of textiles and apparel. AEPC was set up with the objective of providing dynamic leadership and services to the Indian textile and apparel industry with a view to enhancing its competitiveness in the world market.
To be eligible for membership in AEPC, an Indian company must:
- Be engaged in the business of manufacturing or exporting textiles and/or apparel
- Have a minimum export turnover of ₹5 Crores per annum
- Be registered with the Registrar of Companies/Societies.
If you meet these APEC Eligibility criteria, you can apply for membership by filling out an application form and submitting it to the AEPC. Once your application is approved, you will be required to pay an annual membership fee.
According to the provisions of the Council’s Articles of Association, any person who is an exporter of garments, whether manufacturer or merchant exporter, or who is otherwise interested in the actual export of garments, shall be eligible to become Member, provided that such person otherwise complies with the Act, the Articles, and the bye-laws and / or regulations.
Documents Required
Before starting the process of registration with the APEC, it is important to know which documents are required. The list of documents required is as follows:
- Application form
- Certificate of incorporation/registration
- Memorandum and articles of association
- Certificate of export excellence/ performance
- PAN Card
- Bankers’ report
- Product profile
- Shipping bills/ invoices/ packing list
The registration process with the Apparel Export Promotion Council is a simple and hassle-free process. All you need to do is submit the above-mentioned documents along with the registration fee and you will be good to go.
Advantages of Recognition
There are many advantages to being recognised by the APEC of India. This can help your business in a number of ways, including:
- Increased Visibility: When you are recognised by AEPC, your company name and logo will be featured on their website and in their marketing materials. This can help increase awareness of your brand among potential buyers in India and abroad.
- Access to Exclusive Events: AEPC organises a number of events throughout the year that are open only to recognised export houses. These events provide an excellent opportunity to network with other professionals in the industry and learn about the latest trends.
- Preferential Treatment: Recognised export houses receive preferential treatment from AEPC when it comes to allocation of resources and participation in activities. This can give your business a significant competitive advantage.
- Enhanced Credibility: Being recognised by APEC lends enhanced credibility to your company. This can make it easier to win new customers and business partners.
Drawbacks of Not Being a Member
If you’re not a member of the Apparel Export Promotion Council of India (AEPC), you may be missing out on some important benefits. Here are some of the drawbacks of not being a member:
You may be subject to export restrictions: The AEPC has certain guidelines in place for members and non-members regarding exports. If you’re not a member, you may be restricted in what you can export.
You may have difficulty getting financing: Many financial institutions require that you be a member of the APEC in order to get financing for your business. This can make it difficult to get the funding you need to grow your business.
You may miss out on networking opportunities: As a member of the AEPC, you’ll have access to networking events and other opportunities to meet other members and learn about the latest trends in the apparel industry. If you’re not a member, you may miss out on these important connections.
How Long Does It Take for a Customer to Get Appointed as a Member of AEPC?
It typically takes around two weeks for a customer to get appointed as a member of APEC. However, this can vary depending on the number of applications received and the number of board members available to review them. Once a customer has been appointed, they will be required to pay an annual membership fee. This fee is used to cover the cost of running the council and promoting exports within the apparel industry.
What Are the Activities That Can Be Benefited From the AEPC?
The Apparel Export Promotion Council of India (AEPC) is a national trade promotion organisation. It was set up with the objective of promoting Indian garments and apparel exports.
The AEPC provides a range of services that can benefit businesses engaged in the garment and apparel industry. These services include trade promotion, market research, product development, design services, buyer-seller meet facilitation, etc. The Council also provides support in terms of training and capacity building for businesses in the sector. In addition, the APEC also assists businesses with export-related documentation and compliance with regulatory requirements.
Interesting Facts About Apparel Export Promotion Council of India
The AEPC works closely with agencies to formulate policies and strategies for the growth of the Indian apparel and textile industry. The AEPC also undertakes a number of promotional activities to boost the exports of garment and textile products from India.
Some interesting facts about the Apparel Export Promotion Council of India are:
- The AEPC is headquartered in New Delhi, with regional offices in Mumbai, Chennai, Kolkata and Bangalore
- The AEPC has over 3,000 members, which include manufacturers, exporters and suppliers of garment and textile products from all over India
- The AEPC provides a number of services to its members, which include market information, export promotion, quality control, capacity building, etc
- The APEC organises buyer-seller meetups, trade fairs and exhibitions to promote the Indian garment and textile industry globally.
FAQs:
1. What does AEPC stand for?
AEPC stands for Apparel Export Promotion Council. It is the official body of apparel exporters in India.
2. Is AEPC a Government or private organization?
AEPC is a private organization. However, it works closely with the Indian government to promote the growth of the apparel industry in India.
3. What are the benefits of AEPC membership?
The benefits of AEPC membership include access to market intelligence, networking opportunities, participation in trade fairs and exhibitions, and assistance with export-related issues.
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