Home / Knowledge / News / Textiles / Indo-Japan EPA in textile sector may be implemented in 2011
Indo-Japan EPA in textile sector may be implemented in 2011
04
Jan '11
Mr Atul Parekh
Mr Atul Parekh
For the first time ever, a Japanese textile delegation was in Mumbai to solicit Indian apparel manufacturers and retailers for their high-end fabrics produced in Japan, like suede, silk-denim, organic lace, crepe, coated lace and wool-polyester blends.

This conference was organised, from the Japanese side, on the initiative of Mr Atul Parekh, an Indian entrepreneur and President - Infinity Creations, based in Tokyo since over 30 years with Mr Rahul Mehta, President of the Clothing Manufacturers Association of India (CMAI) from the Indian side, as a pioneering project under the Japan-India Fashion Forum (JIFF).

The Japanese delegation was led by Mr Takakazu Kitatani, Director - International Textile and Clothing Trade Office - Ministry of Economy, Trade and Industry (METI) and included, Mr Yoshiaki Kamiyama, Chief Research Analyst - The Japan Textile Importers Association (JTIA), Ms Akiko Shinoda, Director - International Affairs - Japan Fashion Week Organization (JFWO), Ms. Sachiko Inoue- Director, Japan Creation Trend Committee and others.

Fibre2fashion spoke exclusively to Mr Atul Parekh on the sidelines of the conference. Giving details about the initiative, he informed, “The areas of cooperation between India and Japan in the textile, clothing and fashion sector are immense. The Indian market is evolving and Japan needs a market like India. While speaking to Japanese entrepreneurs in the sector, I came to know that there is a huge interest in the Indian market, but most are not aware of the ways and means of penetrating the Indian markets effectively.

“This is the main reason, why we started the initiative of introducing textile manufacturers, clothing producers and fashion designers under a common platform, called the Japan-India Fashion Forum. Under the forum, we are organizing events to create awareness and interaction as well as media publicity. It helps to involve everyone across the textile value-chain in both the countries, like the one we are holding now”.

When asked to comment on the news that the Japanese textile and clothing importers want to reduce their reliance on the Chinese, he replied by saying, “The fact is that, Japan is heavily dependent on the Chinese for their textile and apparel requirements and almost 80 percent of the imports from the sector are from China. The Japanese have realized the need to look at other markets as well and now want to spread their sourcing to other countries”.

China's share in Japanese textile and garment imports has steadily grown from 68.2 percent in 2000 and touched 79.5 percent in 2009. When asked as to how they were able to gain this gigantic market share in the first place and have also been able to increase it steadily, he informed by saying, “There are a huge number of joint ventures (JVs) which the Chinese have initiated with the Japanese and other countries.

“The numbers of the JVs rose more so, when costs became very high back home, due to which, the Chinese were the first choice due to cultural and geographical reasons. Secondly, Japanese trading companies were well accepted in China. India on the other hand, over the last ten years has been evolving and there were practical difficulties in investing in India, which made China attractive to Japanese companies. The first flow of Japanese investments in to China set the tone for the rest to follow”.


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Urmil Arya

Sushila International, a well established textile organisation established ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Marcel Alberts
Eurofibers

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

Wendell Rodricks
Wendell Rodricks

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

Yash P. Kotak
Bombay Hemp Company

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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