Home / Knowledge / News / Textiles / Indian textile exporters cheer as Obama wins
Indian textile exporters cheer as Obama wins
08
Nov '12
Indian textile and apparel exporters hope that the re-election of Barack Obama as the US President will be good for the Indian textile industry and will improve the relationships between the two countries.
 
Mr. M Rafeeque Ahmed, president of Federation of Indian Export Organizations, told fibre2fashion, “This will be good for the textile industry. Currently, Indian exports to the US market are growing at a pace of 15 percent per annum, whereas exports to other countries are declining at 10 percent per year. Since Mr. Obama is re-elected, we hope that the current growth trend in Indian exports to the US will continue.”
 
“It is a good sign that US citizens have re-elected Mr. Barack Obama and we are expecting more textile and garment orders from the US”, says Mr. S Sivananthan, secretary of Textile and Garments Exporters Association, Erode. 
 
Echoing the same sentiments, Mr. A Sakthivel, chairman of Apparel Export Promotion Council, Obama’s re-election will bring prosperity to the entire Indian economy.
 
“Mr. Barrack Obama is a very friendly person to India and his policies will help Indian exporters, including apparel exporters”, he adds.
 
Dr. Geeta Mahale, Prof & Sr. Scientist at Dept of Textile and Apparel Designing, University of Agricultural Sciences, Dharwad, opines, “Definitely, it is going to have a positive impact on Indian textile exports and we are going to get good income from the US as we will be getting good business from the country”, says.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Mohammad Hassan
Biax Fiberfilm

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sanjukta Dutta
Sanjukta's Studio

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

Tony Ward
Tony Ward

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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