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US, India to host conference to boost mutual textile industry

A one-day conference in Mumbai on April 24, 2019 by the Indo-American Chamber of Commerce, is aimed at creating, developing and sustaining bilateral partnerships in textiles between the US and India. The one-day conference ‘America First and Make in India: Together Achieving $100 billion Trade in Textiles’ will be co-hosted by the US Commercial Service, US Consulate, in Mumbai. The conference will promote joint investments and support favorable trade partnerships. The event will bring together thought leaders, policy makers, textile stalwarts, and academicians to deliberate and create a road map to deepen trade and investments between nations as well as creating a textile ethos and ambience. The objectives of the conference include developing sustainable bilateral trade partnerships between India and US in textiles, identifying key sectors in Indo-American textiles, policy support in making the textile industry competitive, understanding global scenarios and its legalities along with cross border investment opportunities and future trends in the Indo-American textile trade.

Indian companies have been invited to learn and collaborate with US companies and participate in US textile manufacturing opportunities. The Indian textile industry exhibits the rich cultural heritage of India and is now with its newer modern manufacturing systems achieving a wider variety of fabrics, techniques and innovation in producing qualitative textiles. India’s competitive advantage in fiber to fabric, along with its many textile clusters, is seen as being in a position to meet the ever-growing demands of the American textile industry.

 
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