Home / Knowledge / News / Textiles / Textile firms to explore trade prospects under Indo-Japan FTA
Textile firms to explore trade prospects under Indo-Japan FTA
16
Dec '10
Major textile and clothing manufacturers from India and Japan are trying to explore prospects for enhancing bilateral trade between both the countries, as they gear up to ink a free trade agreement, shortly. Japanese textile companies are interested in making their presence felt in India, now, as they are shifting their focus from China to India because of the disruption in the Sino-Japanese relations caused by political and economic reasons.

Leading Japanese entrepreneurs are scheduled to meet Indian companies such as Arvind Mills, Alok Industries, Raymond, Future Group, Mafatlal and S Kumars. Some of the Indian firms such as Mafatlal Denim and S Kumars Nationwide are keen on entering into joint ventures with Japanese firms in order to get access to the Japanese apparel and fabric market. Most of the Japanese companies are proficient in manufacturing premium quality fabrics and yarns.

Both the countries have jointly announced that the Comprehensive Economic Partnership Agreement is likely to be effective only after signing the deal and accomplishing the essential procedures. The free trade pact is expected to enhance the trade between both the countries considerably which stood at about $11 billion during the last fiscal year.

Several Indian companies have approached the leading retailers as well as manufacturers of Japan in order to sell their branded products in Japan and to bring some of the Japanese brands to India.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Paolo Ocleppo
Sandvik Hyperion

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eric Scholler
Groz-Beckert

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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