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Exporters and Textile Manufacturers India
need to change their strategy to reduce dependence on the European
Union and United States for textiles exports. Ministry of Commerce and
accompanied by over half a dozen industry officials recently met with
their counterparts.
A
delegation led by the Ministry of Commerce and accompanied by over half
a dozen industry officials recently met with their counterparts there.
The Indian delegation discussed a host of issues including prevailing
taxes and relaxation in policy support for hassle-free expo.
Exploring
new markets has become critical for Indian textiles exporters due to
falling shipments to traditional markets such as the United States and
the European Union, which account for over 60% of India’s textiles and
apparel exports.
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