India-Vietnam business leaders meet to strengthen trade ties; promote Indian silk and fabrics

by Apparel Resources News-Desk

22-May-2019  |  1 min read

India-Vietnam business leaders meet
Image Courtesy: vietnamnews.vn

In what is seen as an effort to promote Indian textile overseas while also strengthen bilateral trade ties, an Indian business delegation comprising representatives of 30 Indian companies under the leadership of the Chairman of the Indian Silk Export Promotion Council Dr. Bimal Mawandia met with their Vietnamese counterparts at a buyer-seller meet in Ho Chi Minh City (HCMC) of Vietnam on Tuesday.

“India is promoting exports of all textiles. We are presenting the silk sector in India and as per the guidance of the Government of India, we want to increase exports and we are exploring different markets worldwide. We came here to promote export of not only silk but also other fibres in this market,” underlined Dr. Mawandia.

Amongst the Indian companies were readymade garment manufacturers; Pareo shawls, eveningwear, beachwear, fashion accessories, tops, bottoms, trousers and jacket makers; along with those producing silk and other fabrics.

“Vietnamese garment and textile companies want to have stronger cooperation with Indian counterparts. They have high demand for importing raw materials from India,” observed Chairman of the HCM City Association of Garment Textile Embroidery-Knitting, Phạm Xuân Hồng.

Phạm further underlined that trade relations between India and Vietnam in RMG and textile sector had increased significantly over the years but were still moderate considering the potential of the two countries.

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