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India's scope huge to serve Japan's textile sector: envoy

15
Sep '20
Pic: Shutterstock
Pic: Shutterstock
As the pandemic has prompted Japanese companies to diversify their supply chain, the Indian textile sector has the potential to serve the specific needs of this sector despite India’s share in the Japanese market being negligible, Indian ambassador to Japan Sanjay K Verma recently said virtually inaugurating the 7th edition of India Tex Trend Fair in Tokyo.

“India can provide a more resilient supply value chain to Japan as India has comparative advantage in the textile sector in terms of low-cost production and traditional knowledge in the sector. The Indian exporters will have to address some issues like productivity and prices,” he was quoted as saying by Indian media reports.

Earlier this month, the Indian cabinet approved signing of a memorandum of understanding between Mumbai-based Textiles Committee and Japan’s Nissenken Quality Evaluation Centre for improving quality and testing of Indian textiles and clothing for the Japanese market.

In January this year, India had invited proposals from consulting firms to conduct a study on the Japanese textile-apparel industry to boost domestic exports and enhance mutual collaboration.

Fibre2Fashion News Desk (DS)


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