By registering with the Apparel EPC, all garment exporters can benefit. Here you can learn about the significance of the same
Overview
The Apparel Promotion Export Council vigorously works towards supporting its members by assisting them in boosting their ready-made garment exports. The Apparel EPC performs various activities and launches various schemes and programmes from time to time for the benefit of its registered members. The Apparel Promotion Export Council primarily aims to achieve two objectives: enhance Indian garment exports and promote the growth of Indian garment exporters.
Purpose of the Apparel EPC
The purpose of the Apparel Export Promotion Council (AEPC) is to promote and support the growth of the apparel industry in India. The council serves as a platform for businesses and individuals in trade of garments to come together, collaborate, and benefit from various services and initiatives.
Benefits of Registering for the Apparel EPC
Registering with AEPC provides businesses with a platform to enhance their visibility, expand their market reach, access valuable resources and support, and stay abreast of industry developments. It offers opportunities for growth, competitiveness, and success in the apparel sector.
Eligibility and Registration Process
To become a member of AEPC, individuals involved in the manufacturing or trade of prescribed garments need to submit an application form and the necessary documents at AEPC offices.
The main eligibility criteria for membership are being a manufacturer exporter or merchant exporter. Applicants should be over 21 years old if registering as an individual or sole proprietorship.
Additionally, applicants or any partners should not have been declared insolvent or convicted for offenses involving misconduct or moral turpitude by a court of law. It is also required that the firm’s aggregate export turnover has exceeded Rs. 1 crore in the preceding 3 years.
An essential requirement for membership in most Export Promotion Councils, including AEPC, is the possession of a Registration cum Membership Certificate (RCMC).
How Can You Obtain an RCMC From the EPC
To benefit from the aforementioned and any other such programmes and schemes launched by the Apparel Promotion Export Council from time to time, you must obtain the Registration Cum Membership Certificate (RCMC) from the Apparel EPC.
How Many Categories of Registration Does the Apparel EPC Have
There are two categories of renewal of APEC Registration under Apparel EPC. You can register as a Registered Exporter or a Member Exporter. To qualify as a member exporter, your aggregate garment export turnover for the three preceding financial years must be more than ₹ 1 crore.
What Benefits Can an Exporter Get from Becoming a Member of the Apparel EPC?
The Apparel Promotion Export Council provides all the necessary support to run all Indian apparel export units smoothly, thus enhancing the overall exports of the country. Here are some important advantages of taking the Apparel Promotion Export Council membership.
1. The magazine Apparel India
The Apparel Promotion Export Council publishes this magazine every month, with an e-copy available on the Apparel Promotion Export Council website. The Apparel EPC keeps its members updated with the latest information related to
- The textile and apparel industries
- Government notifications and circulars
- GST updates, and
- Other important activities performed by the Apparel Promotion Export Council
2. MAI (Market Access Initiative)
The council organises mega shows and Buyer-Seller Meets(BSMs), and participates in various international apparel fairs. For this, the council receives an MAI subsidy which is passed on to the members of the Apparel EPC to subsidise the cost of the stalls in the BSMs, or international fairs in overseas events. Displaying the best products by apparel exporters allows them to collaborate with international players.
3. Facilitation of GST
The Apparel EPC facilitates and assists in solving GST-related issues for exporters.
4. Seminars Webinars and Workshops
Organising seminars and workshops is another crucial function of the Apparel EPC. Such workshops enhance the skills of the exporters. Fashion designers from all over the world are invited to attend such workshops.
5. Platform for Virtual Exhibitions
Owing to the havoc caused by the pandemic, the apparel EPC has taken steps to move digital. It has recently rolled out its new initiative, a Virtual Platform for organising Export Promotion Activities, with the aim of bridging the gap between the buyers and sellers caused by the worst pandemic of the century. The platform is a virtual exhibition platform where the Apparel EPC showcases the products of its members in a 24*7*365 format.
6. Skill Evaluation Cell
The Apparel EPC ensures a steady flow of skilled manpower to the apparel export industry of India. To drive the skill assessment initiatives in the industry, the Apparel EPC established the Skill Assessment Cell (SAC). The SAC works for economic growth, social development, and employment generation. It helps raise the social status of the candidates and upgrades the workforce to a certified skill pool.
7. Advisory on Labour Laws:
The Apparel Promotion Export Council engages with a legal advisor on the labour laws of the country. The Legal Advisor supports the Apparel EPC registered members by providing legal opinions to them. It also assists with day-to-day advice and clarification on the labour and employment laws of the country.
8. Cell Made of Man-Made Fabric
The MMF cell was established by the Apparel EPC to
- enhance the exports of man-made fabrics from India.
- Explore the possibilities of joint ventures or 100% investment in technology.
- Explore collaborations for manufacturing man-made fabrics in India.
9. Dossier on Apparel
The Apparel EPC updates its members with weekly news, notifications, and issues undertaken by the council for its members. For this, it rolls out the weekly apparel dossier.
10. Data Bank:
The Apparel Exports Council surveys and gathers a lot of data and information. The Apparel EPC provides country-wise export statistics along with a description of the garments. It provides export statistics regularly in the Apparel India magazine, which the members can use for their benefit.
Why Vakilsearch?
Registration with the council would seem cumbersome, though there is a clear set procedure for the registration. Therefore, to register with ease, speedily, and in a hassle-free manner, you can opt to get in touch with Vakilsearch, whose expert panel not only will guide you throughout the process but also ensure the registration of your export business with proper documentation.
The Takeaway
Every garment can benefit immensely from the activities of the Apparel Promotion Export Council. As a garment exporter, you can get concessions and scheme benefits, explore newer export markets, and grow your export business to compete globally. To do so, you must register with the Apparel EPC and obtain the RCMC.
FAQ:
What is the apparel Export Promotion Council?
APEC, which stands for Apparel Export Promotion Council, is a registered organization under the Companies Act 1956 that offers specialized services and business opportunities to the apparel industry. The headquarters of APEC is located at Apparel House, Institutional area, Sector-44, Gurugram-122003. APEC, which stands for Apparel Export Promotion Council, is a registered organization under the Companies Act 1956 that offers specialized services and business opportunities to the apparel industry. The headquarters of APEC is located at Apparel House, Institutional area, Sector-44, Gurugram-122003.
What is the role of EPC?
APEC is engaged in various activities, including organizing buyer seller meets, promoting participation in trade fairs, arranging trade expositions, providing market knowledge through publications, and assisting members in obtaining financial support, among other initiatives.
What are the objectives of export promotion council?
APEC, in collaboration with the government, facilitates the mobilization of Foreign Direct Investments (FDI) into the Indian textile and garment sector.
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