Business Standard

Saturday, December 21, 2024 | 06:02 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

India pitches for greater systematic trade in textiles with Asean

In the last financial year, India's textiles exports to the region stood at $1.20 billion, while imports totalled $546 million

Models walk the ramp at a fashion show organised by Ficci in New Delhi on Tuesday 	Photo: Subhayan Chakraborty
Premium

Models walk the ramp at a fashion show organised by Ficci in New Delhi on Tuesday Photo: Subhayan Chakraborty

Subhayan Chakraborty New Delhi
India on Tuesday pitched for greater systematic trade in textiles with the Association of Southeast Asian Nations (Asean).

“India can be a one-stop sourcing destination for textile materials from Asean,” Textile Minister Smriti Irani told a large contingent of business leaders at an event organised by industry body Ficci. 

The minister also touched upon the spectre of cheaper Chinese materials as well as finished products flooding the Asean markets. “They cannot compete with the rich legacy of our handlooms,” she said.

To this end, a unique fashion show was organised here on Tuesday by Ficci, whereby traditional fabrics from both India and Asean

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in