Home / Knowledge / News / Textiles / Indian textile delegation in Iran to boost exports
Indian textile delegation in Iran to boost exports
20
May '13
A high-level Indian delegation led by Textiles Secretary Mrs. Zohra Chatterji is currently in Iran with an aim to increase Indian textile exports to Iran.
 
The visit of Indian team coincides with Combined Indian Textile Exhibition (INTEXPO), an exclusive three-day exhibition of Indian textiles, currently going on in Tehran. The exhibition has been organized as a follow-up action to the visit of an Indian textile delegation, led by Joint Secretary (Exports) Mr. V Srinivas, to Iran earlier this year.
 
At the INTEXPO, scheduled to conclude on May 21, 2013, more than 60 Indian firms are showcasing the entire range of Indian textile products, including different kinds of fibres, yarn, fabric, apparel and accessories.
 
Speaking at the inauguration of the India’s biggest and first-ever exclusive exhibition on textiles in Iran, Mrs. Chatterji termed India’s trade relations with Iran as “very vibrant” and expressed hope that the bilateral trade relations will improve further.
 
She said INTEXPO is a step forward towards expansion of bilateral trade between the two nations.
 
On the sidelines of the three-day event, the Indian delegation will discuss trade cooperation, especially the cooperation in the textile field, with representatives of the Iranian textile sector as well as with Government officials.
 
INTEXPO has been organized with the active guidance and support of the Indian Embassy in Tehran and the Indian Ministry of Textiles as well as the Ministry of Commerce and Industry.
 
Association of Iranian Textile Industries, Iranian and Tehran Chambers of Commerce & Industry, Association of Fabric Wholesalers, Iran Textile Exporters & Manufacturers Association, Iranian Fashion Designers, Association, etc., have welcomed India’s decision to hold INTEXPO.
 
In 2011, for which figures are available, Iran imported a total of US$ 3 billion worth of textiles and garments, with India accounting for a 13 percent share.
 
Around half of Iran’s textiles and apparel imports are of man-made fibre (MMF) textiles, with India contributing for 16 percent, according to statistics of the Mumbai-based The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC).
 
During last five years, India’s MMF textiles exports to Iran skyrocketed by 396 percent to Rs. 11.6 billion in 2011-12, as per SRTEPC figures. Fabrics formed the bulk of India’s MMF textile exports to Iran with Rs. 8.35 billion, followed by yarn with Rs. 2.24 billion and fibre with Rs. 8.3 billion.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Paolo Ocleppo
Sandvik Hyperion

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

Marcel Alberts
Eurofibers

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Tony Ward
Tony Ward

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search