Home / Knowledge / News / Textiles / India to revive 300 apparel factories in Myanmar
India to revive 300 apparel factories in Myanmar
10
Jun '13
India has offered to help in revival of 300 apparel factories in Myanmar. During his meeting with the Myanmar President U Thein Sein last Friday, in Nay Pyi Taw, The Union Minister of Commerce Industry and Textiles, Shri Anand Sharma also offered US$ 5 million Line of Credit for revival of these factories.

The South India Textile Research Association (SITRA) will provide technical assistance in formulation of revival plans for these factories. Private Sector companies will play a big role in revival and building joint ventures with these closed apparel factories. “A delegation comprising the experts, officials and businessmen will visit Myanmar within two weeks”, Shri Sharma informed the mediapersons after the meeting.

India will also cooperate with Myanmar in formulating a common compliance code for standards and also the best practices in the factories, said Shri Sharma. The Minister proposed to the Myanmar President a Common Compliance Code - Disha Myanmar with technical assistance from AEPC – to enhance compliance standards in Myanmar for exports to developed countries.

Sponsored by Ministry of Textiles, and helmed by AEPC Disha is an initiative to driving industry towards sustainable human capital advancement. Disha attempts to educate apparel exporting members on a code of ethics that covers all critical social and environmental concerns like child labour, health and industrial safety, etc.

For capacity building in Myanmar textiles sector, India has offered 2 scholarships for 2 slots under National Institute of Design (NID) and 250 scholarships for textile workers under Integrated Skill Development Scheme. Scholarships have been offered in National Institute of Fashion Technology and Institute of Foreign Trade also.

India will be setting up India-Myanmar Apparel Sector JVs in Thilawa SEZ in collaboration with other international brands, said Shri Anand Sharma . India will also set up a textiles trade show - Textiles Expo in Yangon for traditional textiles with Handloom Export Promotion Council (HEPC) as lead council.

Enterprise India Show in Yangon as an annual event: As was agreed during Indian Prime Minister’s visit to Myanmar to conduct an annual trade promotion event. Shri Sharma announced that ITPO will undertake this event during November 2013. “We will also facilitate in return an exhibition of Myanmar industry in India organized by ITPO free of cost next year” said Shri Sharma.

Textiles sector appeared prominently during Shri Sharma’s three-day visit to Myanmar as NLD leader Daw Aung San Suu Kyi, during her meeting with Shri Sharma, also expressed keen desire to establish linkages in the sector specially in handloom an silk. “Entire sector as such will be brought in for cooperation including silk”, Shri Sharma told mediapersons.

Ministry of Textiles


Interviews View All

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Footwear industry, Head honchos

Footwear industry
Head honchos

Personalised and differentiated footwear is in high demand

Arvind Saraf, Triveni Sarees

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Larry Fontana,

Larry Fontana

Italy-based Lafer SpA is one of the most innovative surface finishing...

Fiorella Cattelan,

Fiorella Cattelan

With flexibility and versatility, Dettin strives to meet the specific...

Marcus Hardelauf,

Marcus Hardelauf

Germany-based Textechno is one of the leading manufacturers of testing...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

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

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

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

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

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


October 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search