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CMAI inks MoU with Chinese textile trade body CCCT
28 Sep '16
1 min read
Indian apex clothing association, the Clothing Manufacturers Association of India (CMAI) has inked a memorandum of understanding (MoU) with the China Chamber of Commerce for Import and Export of Textiles (CCCT) to cooperate in the apparel sector. The cooperation will explore new business opportunities and exchange trade and data for mutual benefit.
Speaking on the sidelines of the World Fashion Convention, CMAI president Rahul Mehta told a news agency, "CMAI has inked a MoU with CCCT to extend cooperation to each other for new business opportunities and exchange of trade and data related cooperation for mutual benefit.”
According to Mehta, China has begun to reduce focus on its labour intensive sectors like the textile and apparel industry, which offers a big potential to India and fill up the space vacated by China.
The cooperation is expected to benefit both China and India as while organising trade shows, both trade bodies will try to bring in new companies as well as visitors to the fair. (AR)
Speaking on the sidelines of the World Fashion Convention, CMAI president Rahul Mehta told a news agency, "CMAI has inked a MoU with CCCT to extend cooperation to each other for new business opportunities and exchange of trade and data related cooperation for mutual benefit.”
According to Mehta, China has begun to reduce focus on its labour intensive sectors like the textile and apparel industry, which offers a big potential to India and fill up the space vacated by China.
The cooperation is expected to benefit both China and India as while organising trade shows, both trade bodies will try to bring in new companies as well as visitors to the fair. (AR)
Fibre2Fashion News Desk – India
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