Addressing an AEPC event, Indian High Commissioner in Canada Ajay Bisaria said Canadian companies growing trust in India gives Indian apparel manufacturers a huge opportunity to increase market share in Canada.

Biseria explained, there is a great deal of faith amongst Canadian companies in the medium- and long-term prospects of India. Partnership between the two countries is propelled by India’s growing apparel exports to Canada. India currently exports apparels worth $318 million to Canada. Many top quality brands including GAP, M&S, Uniqlo and Calvin Klein already source from India.

A Sakthivel, Chairman, AEPC opined said, Canada is a thrust market for India and the country is taking continuous efforts to increase its share in the Canadian market. India is focusing on higher value and specialized products like manmade fibre (MMF) apparels, medical textiles and technical textiles. It is encouraging Canadian investors to set up manufacturing facilities in India directly or through joint ventures, Sakthivel informed.

Since India’s share in Canada’s MMF garments imports is only 1.5 per cent, it is working on expansion and improving MMF products in India’s apparel export basket, said Sudhir Sekhri, Chairman, AEPC. There are 1,000 Canadian companies doing business with India. Trade between the two countries amounts to $100 billion.