Market Access Initiative

 What is in the News ?

• Shri Naren Goenka, Chairman Apparel Export Promotion Council (AEPC) along with the other Export Council (EC) members inaugurated the first edition of “Upnext India 2023” in presence of international buyers and exhibitors, at Apparel House, Gurugram today. 
• This initiative in the form of a series of Reverse Buyer Seller meet under the name of “UPNEXT INDIA” kick starts with Japan, is being held 10th & 11th February 2023. “Upnext India” is organized by AEPC and supported by the Ministry of Commerce and Industry under the Market Access Initiative (MAI) Scheme.
• AEPC : Incorporated in 1978, AEPC is the official body of apparel exporters in India that provides assistance to Indian exporters as well as importers/international buyers who choose India as their preferred sourcing destination for garments.

 Market Access Initiative

• It is an Export Promotion Scheme. The scheme aims to act as a catalyst to promote India’s exports on a sustained basis.
• The scheme is formulated on the basis of the product and country focus approach. It will evolve specific markets and specific products through market studies/surveys.
• Reverse Buyer Seller Meet : Reverse Buyer Seller Meet is to provide an opportunity for prospective importers (Buyers) to interact with their Indian counterparts (sellers) about the requirements, instead of sellers going to buyers to sell their products.

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