Home / Knowledge / News / Textiles / Indian textile sector pins hope on Sharma's Pak visit
Indian textile sector pins hope on Sharma's Pak visit
13
Feb '12
The Indian textile community is laying hopes on the positive outcome of the visit of the Indian Commerce Minister to Pakistan which is expected to provide 'Most Favoured Nation' (MFN) status to India.

Commerce Minister Anand Sharma is currently on a visit to Pakistan for bilateral talks and is leading a 150-strong high powered business delegation from India.

It is widely expected that Pakistan may place textile and clothing on the negative MFN list in a bid to safeguard and protect its domestic textile industry.

Mr Anand Sharma and Pakistani commerce minister, Mr Makhdoom Amin Fahim, will meet business chambers of the two countries and visit the India Show in Lahore.

However, the Pakistani textile and clothing industry has a different take.

In an exclusive interview to fibre2fashion, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) had said granting of most favoured nation (MFN) status by Pakistan to India will benefit apparel sectors of both countries

Currently, Indian imports of Pakistani goods stand at around a measly US $400 million and exports at around $2.4 billion. According to experts, bilateral trade has potential to reach $10 billion.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 21st Aug 2017

GST payment & filing for July extended till Aug 25

The GST Implementation Committee, consisting of state and Central...

Textiles | On 21st Aug 2017

India’s cotton production may grow by 3.76% in 2016-17

India’s cotton production is likely to rise by 3.76 per cent to 345...

Textiles | On 21st Aug 2017

Telangana announces sops for textile, apparel sector

The Telangana government recently announced a string of incentives,...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Sonam & Paras Modi
SVA

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

August 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

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

Yes No

Active Poll

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

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

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

Yes No

Active Poll

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

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

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

Active Poll

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

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


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