Synopsis Buying houses like Impulse shared that there was an opportunity for MMF garments and that they have already identified major buyers and markets, and will make sure that MMF garments from India get more importance.
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The country has sufficient supply of MMF fibre and yarn, but is in short supply of quality fabric.
DELHI: Buying houses believe that Indian man-made fibre (MMF) garment exporters can aspire to grab $20 billion business in global MMF garment trade even as the domestic apparel industry works at resolving its limitations.
This was among the key takeaways from a virtual B2B meeting on ‘Improving MMF Fabric Options for Indian Apparel Exporters’ held between MMF garment exporters, buying houses and fabric suppliers organized by Apparel Export Promotion Council (AEPC) on Tuesday.
Indian apparel exporters have huge potential to tap in Mexico, according to Indian Ambassador to Mexico Manpreet Vohra.Speaking at a virtual business-to-business meeting organised by the Apparel Expor
Much room for higher Indian apparel exports to Mexico: Envoy ANI | Updated: Feb 17, 2021 14:10 IST
New Delhi [India], February 17 (ANI): The bilateral trade between India and Mexico is rising and there is huge potential for growth of Indian apparel exports to Mexico, said country s ambassador to MexicoManpreet Vohra.
Speaking at India-Mexico Synergies in Apparel and Textiles virtual meeting, organised by Apparel Export Promotion Council (AEPC) and Embassy of India, Mexico City, Mexico, on Tuesday evening, Vohra said the bilateral trade has grown 46 per cent to about USD 10 billion since 2014. Mexico is now India s largest trading partner in Latin America and the second-largest in entire America after the USA and having overtaken Canada and Brazil. Our trade is also fairly well balanced with only about USD 1 billion in India s favour, Vohra said.