Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Taiwan to export textile products worth $500 million to India in five years

Upbeat on the domestic textile sector, the Taiwan Textile Federation (TTF) is looking to export textiles products worth around $500 million to India in the next five years. According to Sean Tsai of Taiwan Textile Federation Overseas Market Development, India is a very dynamic market with lot of potential and scope for Taiwanese companies. The focus of Taiwan is to tap new business opportunities in India, Bangladesh and Sri Lanka where there is huge demand for innovative knit and woven textile products like synthetic, fancy, functional etc as well as garment accessories. Tsai was talking on the sidelines of a buyer-seller meet in Mumbai.

He further said Taiwan’s main aim was to export around $500 million worth of functional textiles in the next five years to India. This can be seen by the bilateral trade between the two countries that has grown from $1.19 billion in 2001 to $6 billion in 2014. For over 10 years, the TTF had been organising buyer-seller meets in India and has been quite successful in connecting and supplying innovative and trendy textiles to the leading fashion garment exporters' as well domestic brands in India.

Organised by the TTF and the Bureau of Foreign Trade and represented by Worldex India Exhibition & Promotion, Taiwan Textile Fair showcased Taiwan's innovative and value-added yarns, fabrics, trimmings and clothing accessories were displayed to apparel exporters, fashion brands and labels, retailers, importers, distributors based in Mumbai. Taiwanese textile industry is known in the world for its innovative and high-quality products and are sourced by leading global brands for sports and active wear, outdoor wear, functional wear, formal wear, suiting and shirting by leading global brands such as such as DKNY, S. Oliver, C&A, Victoria's Secret, GAP, Nike, Adidas, Calvin Klein, H&M, Marks & Spencer, Tescouk, Tommy Hilfiger among others.

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo