Home / Knowledge / News / Textiles / 'Indian textile exports to Peru may quadruple by 2015'
'Indian textile exports to Peru may quadruple by 2015'
May '14
India presently exports textiles worth US$ 55 million to Peru, and this amount could increase by four times by the end of 2015, said deputy director of the Synthetic & Rayon Textiles Export Promotion Council of India (SRTEPC) Srijib Roy, at the recently concluded India Business Conference and Exhibition of Textile Industry (INTEXPO Peru 2014), held in the Peruvian capital city of Lima.

Mr. Roy explained that currently textile entrepreneurs in Peru purchase raw materials from other countries at high prices and it would be an advantage for them if they import textile and raw materials from India, especially fabrics for garments, reports Peruvian news agency andina.

According to the SRTEPC official, India can offer Peruvian entrepreneurs high quality products at competitive prices, and purchasing Indian textile and raw materials could be beneficial to both the countries.

Mr. Roy also informed that during the two-day event, 11 textile entrepreneurs from India managed to generate business deals worth US$ 1.85 million with Peruvian businessmen.

Lima Chamber of Commerce (CCL) vice president Raul Barrios said that the visit of the 11 Indian textile entrepreneurs to Peru would help accelerate talks for a Free Trade Agreement (FTA) between the two nations which would increase trade relations between India and Peru.

Organized by the SRTEPC, with the support of Indian Embassy in Lima and the Lima Chamber of Commerce (CCL), the INTEXPO PERU event was aimed to provide an opportunity to Indian entrepreneurs to establish trade contacts with Peruvian textile and apparel enterprises.

Exhibitors from India showcased various products such as polyester yarn, viscose yarn, organic cotton yarn, acrylic yarn, polyester threads, viscose threads, cotton fabrics, polyester fabrics, linen fabrics and more, during the two-day event.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Johan Berlin
InvestKonsult Sweden AB

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Silvia Venturini Fendi
Fendi s.r.l

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

Sonam & Paras Modi

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

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


Browse Our Archives


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