India recently invited proposals from consulting firms to conduct a study on the Japanese textile-apparel industry to boost domestic exports and enhance mutual collaboration. The selected firm will assess areas of partnerships that can be explored between both the countries.
The firm will also analyse various trade agreements signed by Japan, tariff preferences received from major trading partners, its most traded products globally, including in bilateral trade with India, and tariff and non-tariff measures faced by Indian exporters, among others.
The study will include aspects like size and structure of industry, major units, role of Japanese importing conglomerates, trends in production, size of the domestic market, domestic consumption patterns, contribution of the sector to the Japanese economy, size of domestic textile machinery manufacturing, areas of partnerships that can be explored with India in the machinery segment, the textiles ministry said in the request for proposal.
Fibre2Fashion News Desk (DS)