As per a Textile Focus report, a recent seminar hosted by the Vietnamese embassy highlighted the importance of enhanced partnership between Vietnam and India to boost Vietnam’s textile and clothing exports. The seminar was attended by 250 businesses, scientists and policy-makers.

Pham Sanh Chau, Ambassador of Vietnam in India, highlighted the changes in global geopolitical scenario.  

 

He also emphasized on the rivalry and competition between major powers, and security conflicts and disputes. He opined that the pandemic gives India and Vietnam an opportunity to foster and complement bilateral relations, thereby contributing to the recovery and enhancement of supply chains in key areas.

 

Ashok Juneja, President of the Textile Association (India), said India exports apparels worth USD 16 billion and textiles worth USD 22 billion while Vietnam exports apparels worth upto USD 31 billion and textiles worth USD 5 billion.  

 

This offers sufficient room for cooperation in both countries in this region. By exporting natural fibers like cotton, jute, silk and wool, to synthetic fibers, such as polyester and nylon, India can enhance its textile and garment industry in Vietnam, he added.

Source: fashionatingworld.com