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

Courtesy: Bangladesh Bank

Apparel/Garments | On 22nd May 2018

Bangladesh Bank enhances EDF loan limit to $25 million

Bangladesh Bank has enhanced the loan limit under Export Development...

Sri Lanka's textile imports up 32.5% in February 2018

Textiles | On 22nd May 2018

Sri Lanka's textile imports up 32.5% in February 2018

In what might be an indication of higher exports in the coming...

Provide power at Rs 8/kWh to textile units: APTMA

Textiles | On 22nd May 2018

Provide power at Rs 8/kWh to textile units: APTMA

All Pakistan Textile Mills Association (APTMA) has asked the...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Wendell Rodricks
Wendell Rodricks

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search