Jaydeep Cotton Fibres Pvt Ltd, one of the leading exporters of cotton in India, has recently inked Memorandum of Understanding with a Chinese Company.
“Indian Prime Minister Manmohan Singh had visited China early this year. During his meeting with Chinese counter part Mr Wen Jiabao, Indian Premier had talked about more flow of Indian Exports into China. To which Mr Jiabao responded positively and sent a 60-member business delegation to India to improve trade relation,” told Mr Chiran M Patel CEO of Jaydeep Cotton to Fibre2fashion.com.
At the MoU signing ceremony that held in Delhi, some well-known companies from China and India were present, and “our Company was one of them. The MoU duration is 2008-09 and during this period, we will export Shankar-6 (1-1/8'') Cotton to China,” informed Mr Patel.