Home / Knowledge / News / Textiles / Industry finally wakes up to India's trade potential

Industry finally wakes up to India's trade potential

19
Apr '07
Industry lobbies are campaigning to strike free trade agreement (FTA) with India, which will prove to be one of the largest agreements ever.

The US India Business Council is already working to create a roadmap for this deal. It has invited several elite consultants to help research, draft and lastly execute a balanced way to proceed with this deal.

Council has also called for experts and professionals to support this FTA.

For past several years both countries are aggressively trying to improve relations so that they are mutually beneficial.

This latest support from Industry lobbies for US-India FTA is definitely good news for the Asian developing nation.

This stresses the fact that US industries have finally become aware of India's potential and are keen to boost bilateral trade. Currently, two-way trade between the US and India is mere $32 billion.

However, administrators recognize that FTA will take months or even years to materialize. Even after implementation, persistent efforts will be required from both countries to raise the trade figures.


Must ReadView All

Pic: Shutterstock

Retail | On 21st Sep 2021

US clothing stores sales up 0.1% MoM, 36.6% YoY in August: NRF

Retail sales in the US increased during August as consumer demand...

Pic: Shutterstock

Apparel/Garments | On 21st Sep 2021

Research paper urges Kenya to cultivate new export markets

To diversify its exports and markets, Kenya should endeavor to raise...

Pic: Shutterstock

Textiles | On 21st Sep 2021

Pakistan's textile & apparel exports rise 28.67% in July-Aug ’21

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

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


September 2021

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


Advanced Search