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IACC conference to boost India-US textile partnerships

15
Apr '19
IACC conference to boost India-US textile partnerships
To create, develop and sustain bilateral partnership in textile between US & India, the Indo-American Chamber of Commerce (IACC) will organise a conference on textiles. The conference titled 'America First and Make in India: Together Achieving $100 billion Trade in Textiles' will be co-hosted by the US Commercial Service, US Consulate, in Mumbai on April 24.

The one-day conference will promote joint investment and support favourable trade partnership, with representations from the US, North Carolina & South Carolina.

The event will bring together thought leaders, policy makers, textile stalwarts, and academicians to deliberate and create a road map to deepen trade and investments between nations, as well as creating textile ethos and ambience, IACC said in a press release.

The objectives of the conference include developing sustainable bilateral trade partnership between India and US in textiles, identifying key sectors in Indo-American textiles, policy support in making textile industry competitive, understanding global scenarios and its legalities along with cross border investment opportunities and future trends in Indo-American textile trade.

"Indian companies can learn and collaborate with US companies and participate in the US textile manufacturing opportunities involving FDI into the US  Similarly, the Indian textile industry exhibits the rich cultural heritage of India and now with its newer modern manufacturing systems, achieving wider variety of fabrics, techniques and innovation in producing qualitative textiles. India’s competitive advantage in fibre to fabric, along with its many textile clusters, can meet the ever-growing demand of the American textile industry," the release added. (RR)

Fibre2Fashion News Desk – India


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