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Monday, 02 November 2020 12:25

Argentina imports all apparels from India: Ambassador

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At the inauguration ceremony of Textile E-Sourcing Fair organized by the Indian Chamber of Commerce, Dinesh Bhatia, Ambassador, Embassy of India, Buenos Aires, and Argentina, said some Argentinian apparel brands import all their apparels from India. He said, India contributed only $ 74 million of the $1.22 billion worth of apparels, garments and textile machinery imported by Argentina. The country offers a huge potential and India should enhance its trade with Argentina.

Suresh K Reddy, Ambassador, Embassy of India Brasilia, Brazil urged Indian textile industry to tap into the Brazilian retail brands. The association can produce only 40 per cent of the market demand and imports the remaining the 60 per cent. Hence, there is a huge market to explore, he added. Apoorva Shrivasta, Consul General, Consulate General of India, Toronto, Canada said, India has huge scope to boost apparels exports to Canada as over the years there has been a drop in production of apparels in the country. India's apparel export to Canada increased from $ 638 million in 2018 to $645 million in 2019. The country also offers a huge scope for export of home textiles such as bed linens, towels, carpet and rugs, she added.

Sanjay K Jain, Chairman, ICC National Expert Committee said, India needs to explore new textile markets such as South America and Latin America. The fair ended with a vote of thanks by Dr. Rajeev Singh, Director General, Indian Chamber of Commerce