Home / Knowledge / News / Apparel/Garments / Philippine garment makers can gain by trading with India
Philippine garment makers can gain by trading with India
04
Jun '12
Philippine textile and garment producers and exporters can improve their product quality and gain from trading with India, Philippine Chamber of Commerce and Industry, President Miguel Varela, said.

Speaking at an exhibition organized in Philippines by the Synthetic and Rayon Textiles Export Promotion Council, an association of synthetic and rayon textile producers and exporters from India, Mr. Varela said the 15 Indian firms participating in the expo, presented the best of the Indian industry.

He said the exhibition was a learning opportunity for Philippine textile and apparel producers and exporters to find out how they can improve and benefit from trading with their Indian counterparts.

Though the garment sector has been recognized as one of the key manufacturing industries of Philippines, it still lags behind India in production, Mr. Varela added.

He said such expos could aid in revival of the apparel industry in Philippines.

Commenting on the timing of the expo, he said that the event has been organized at a perfect time, when the country's economy is rising and business and trade are also growing.

According to the Philippines' Department of Trade and Industry (DTI), with increasing collaborations in flourishing industries like textiles and garments, the overall trade between India and the Philippines is expected to continue to rise during the rest of the current year.

With a year-on-year rise of 10.8 percent, the total trade between the two economies grew to US$ 1 billion during last year, while the overall trade for the initial two months of the current year amounted to US$ 141.49 million, DTI data stated.

Fibre2fashion News Desk - India


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X