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India-Egypt strengthen trade ties through INTEXPO

In a bid to strengthen trade between India and Egypt, particularly in the fast growing area of modern textiles, an Indian textile exhibition was organized in Egypt. The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) in association with the Embassy of India and with the active support of Cairo Chamber of Commerce (CCC) organised the event. The exhibition, Indian Textiles Exhibition in Egypt (INTEXPO Egypt), a four day event took place from October 1 to 4, 2015 at the Cairo International Conference Centre. Textile companies showcased their latest range of yarn and fabrics.

At the inauguration Sanjay Bhattacharyya, India’s Ambassador to Egypt said that there has been a partnership between India and Egypt for a very long time and there is widespread cooperation in textiles. India used to import cotton from Egypt and export garments to the country, he said.

Indian companies participating in the event showcased their latest range across suiting, shirting, dress materials, and embroidered fabrics/high fashion fabrics, furnishing, home textiles, scarves, stoles, shawls, and yarns of man-made fibres and their blends. The country’s clothing and textile industry output is $110 billion, of which around $40 billion constitutes of exports. During 2014/15, India exported around $360 million worth of textiles and clothing products to Egypt.

The aim of the exhibition was to forge a win-win partnership among the Indian and Egyptian companies for effective forward and backward business linkages in the near future.

www.srtepc.org

 
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