Indian textile exporters cheer as Obama wins

08 Nov '12

2 min read

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

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