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Union Textiles Minister to promote textile industry in Japan

17
Jul '09
Thiru.Dayanidhi Maran, the Union Textiles Minister is leading the first ever joint trade delegation of textiles sector to Japan on July 20, 2009. The seventeen-member delegation comprises the representatives of Apparel Export Promotion Council (AEPC), The Cotton Textiles Export Promotion Council (TEXPROCIL), the Synthetic and Rayon Textiles Promotion Council (SRTEPC), Knitwear Technology Mission, and leading textiles manufacturers and exporters from Tirupur and Coimbatore textiles clusters.

Thiru. Maran will inaugurate the Indian Pavilion at Japan International Fashion Fair( JIFF), known as Mega Apparel and Textile Show, at Tokyo, Japan on 22nd July, 2009. The Fair will run from 22nd to 24th July, 2009, and 44 Indian textiles and clothing exporters have booked 50 stalls . The AEPC along with SRTEPC and TEXPROCIL are participating in the Fair.

With a view to diversify the Textiles & Clothing exports and reduce dependence on USA and EU 27, the Government is promoting exports to South East Asia under its 'Look East Policy'. An important component of this policy is to attract of Foreign Direct Investment (FDI). Japan is one of the biggest consumers of textiles and clothing, but India has very negligible market share of 1.12 % in Japanese import basket.

To further these objectives, during his two day stay in Tokyo, Thiru. Maran will address a Business Meeting hosted by Japan–India Business Cooperation Committee (JIBC) and will use this platform to solicit investment in Indian textiles sector, where 100% FDI is permissible. The Indian Government is conscious of the fact that textiles industry needs modernization and there is huge scope for Japanese investment to upgrade spinning, weaving, processing and garmenting facilities. The Government is making serious efforts to attract investment in this important segment of national economy. This interaction is part of series of interactions which Thiru.. Maran has conceptualized as part of Government efforts to modernize Indian textiles industry and explore new markets for Indian Textiles and Clothing exports.

In addition, Thiru. Maran will also be meeting Mr. Takeo Yamaoka, Chairman , JUKI Corporation , the largest sewing machine manufacturer and Mr. Akira Onishi, Chairman , Kirloskar Toyota, the leading Japanese textiles machinery manufacturer. The joint trade delegation will consist of:

1. Mr. Rakesh Vaid, Chairman, Apparel Export Promotion Council

2. Mr. Sudhir Sekhri, Chairman(Export Promotion), Apparel Export Promotion Council

3. Mr. V.S.Velayutham, Chairman, The Cotton Textiles Export Promotion Council,

4. Mr. Ganesh Kumar Gupta, Chairman, Synthetic and Rayon Textiles Promotion Council

5. Mr. Arumugam Sakthivel, Chairman, Knitwear Technology Mission, Tirupur

6. Mr. Thangaraj Chinnasamy Gounder from M/s Gold King, Tirupur

7. Mr. Shanmugasundaram Balasubramaniam from M/S RBR Garments, Tirupur

8. Mr. A.L.Ramachandra, M/s Vijayeswari Textiles Ltd., Coimbatore

9. Mr. M.M. Elango, Yuvraj Merchex, Tirupur

10. Mr. C.R.Rajendran, Shellnet, Tirupur

11. Mr. M. Ramasamy, Warsaw International, Tirupur

12. Mr. R. Ravi Venkatesh, Poppys, Tirupur

13. Mr. D. Jaishankar, Collarplus, Tirupur

Ministry of Textiles


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