The free trade agreement with Australia will help boost India’s garment exports.

The duty-free access for the sector to Australia under the trade pact will bring Indian exporters at par with global competitors and make local products competitive.This will also provide a good opportunity for Australian companies to embrace the China plus one policy.

Australian companies are eagerly waiting to forge stronger ties and source garment and textiles products from India and this deal will be a shot in the arm for them.Australia has traditionally been a major trading partner for the Indian garment industry with Indian exports occupying a share of about four per cent of total Australian garment imports.The zero-duty deal with Australia will help keep Indian factories fully utilised during its lean period with orders for spring and summer products that Indian players are best in. The free trade agreement would open huge business opportunities for Australian clothing brands to source from India considering the strengths of the domestic garment industry in terms of variety of raw material availability.

India offers the world a complete value chain solution from farm to fashion and has a competitive edge by shortened lead times to reach buyers. India is one of the largest producers of cotton, silk and jute, technical textiles and viscose and produces all types of synthetic fibers, polyester, nylon and acrylic.