Indian producers of textile and garments materials and accessories want to supply Vietnam’s textiles and garments sector as Vietnam is emerging as one of the world’s leading exporters in this field, said the Chairman of the Indian Cotton Textiles Export Promotion Council (Texprocil), V.S Velayutham.
Speaking at a meeting between several Vietnamese and Indian businesses in Hanoi on June 29, Velayutham said that he was sure India would be a reliable supplier and a partner for Vietnamese exporters.
The Texprocil leader also said that he hoped Vietnamese businesses would take part in international textiles and garments exhibitions and fairs in his country early next year.
The head of the Vietnam National Textiles and Garments Group (Vinatex)’s Trade Promotion and Research Department, Nguyen Thi Hong Tin, highlighted the cooperation between Texprocil and Vinatex and said she hoped that Indian entrepreneurs would increase their investment in Vietnam and manufacture products to be exported to India and other markets.
To achieve this year’s export turnover of 10.5 billion USD, Tin suggested that Vietnamese businesses forge closer links with Indian cotton and fibre businesses to ensure a sustainable source of materials.
The delegation of Indian businesses to Vietnam from June 26 to July 2 includes 17 representatives from leading Indian cotton manufacturers and exporters.
According to the Indian Embassy in Hanoi , India ’s export of fibres, cloth and ready-made clothes to Vietnam has increased from 8.9 million USD in 2007 to more than 26 million USD in 2009./.
Speaking at a meeting between several Vietnamese and Indian businesses in Hanoi on June 29, Velayutham said that he was sure India would be a reliable supplier and a partner for Vietnamese exporters.
The Texprocil leader also said that he hoped Vietnamese businesses would take part in international textiles and garments exhibitions and fairs in his country early next year.
The head of the Vietnam National Textiles and Garments Group (Vinatex)’s Trade Promotion and Research Department, Nguyen Thi Hong Tin, highlighted the cooperation between Texprocil and Vinatex and said she hoped that Indian entrepreneurs would increase their investment in Vietnam and manufacture products to be exported to India and other markets.
To achieve this year’s export turnover of 10.5 billion USD, Tin suggested that Vietnamese businesses forge closer links with Indian cotton and fibre businesses to ensure a sustainable source of materials.
The delegation of Indian businesses to Vietnam from June 26 to July 2 includes 17 representatives from leading Indian cotton manufacturers and exporters.
According to the Indian Embassy in Hanoi , India ’s export of fibres, cloth and ready-made clothes to Vietnam has increased from 8.9 million USD in 2007 to more than 26 million USD in 2009./.
