Home / Knowledge / News / Apparel/Garments / Knitwear exporters laud CEPA with Canada
Knitwear exporters laud CEPA with Canada
18
Apr '15
Narendra Modi (L) with Stephen Harper/C: pm.gc.ca
Narendra Modi (L) with Stephen Harper/C: pm.gc.ca
The Tirupur Exporters’ Association comprising mainly knitwear exporters has hailed Indian Prime Minister Narendra Modi’s statement that India would implement the roadmap to conclude the Comprehensive Economic Partnership Agreement (CEPA) with Canada by September 2015.

Modi made the statement at a joint press conference with Canadian Prime Minister Stephen Harper in Ottawa. Canadian Prime Minister also expressed commitment to resolve the many issues in implementing free trade with India.

TEA president A Sakthivel said the conclusion of CEPA would provide a good opportunity in future to boost India’s apparel exports to Canada.

In presence of Modi, Sakthivel, who is also chairman of Apparel Made ups and Home Furnishing Sector Skill Council functioning under National Skill Development Council (NSDC), signed a memorandum of understanding (MoU) with Bruce Wilson, president, Fanshawe College, Ontario, Canada.

As per the MoU, Fanshawe College will help to impart training with modern quality methods to Indian trainers and in turn they would give training with new concepts to workers employed in the apparel, made ups and home furnishing sectors in the country, Sakthivel said in a TEA press release.

Stating that the man behind the machine is more important than machine itself, Sakthivel pointed out that at this juncture, the skill enhancement is most necessary to apparel sector mainly to reduce the rejection percentage significantly.

He further added that imparting quality training with latest concepts would help to enhance workers’ productivity level, which is currently lower in India compared to its competing countries.

In 2013 -14, the total knitwear garments exports from India to Canada stood at Rs 680 crore, with Canada being the 11th biggest destination for Indian knitwear exports. In the first ten months of last financial year 2014-15, Indian knitwear exports to Canada were valued at Rs 565 crore.

At present, Bangladesh and Cambodia enjoy least developed countries tariff while exporting to Canada. Other competing countries like Pakistan and Vietnam are getting benefit under General Preferential Tariff. Post-CEPA, India can look forward to effectively compete and increase its market share in the Canadian market. (RKS)

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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