India Intends To Double Exports Of Textiles To Japan Within Two Years
At present, India is steadily advancing to strengthen Japan. textile Export strategic plan. The two countries' EPA (economic cooperation agreement) will come into effect in August, and its implementation effect is worth looking forward to. India estimates that by actively improving product quality and capacity, the amount of sunrise will reach 2 times the next two years.
Last year, Japan imported from India. clothing The total amount is about 18 billion yen. Compared with 83.3% of the annual market share of garments imported from China, Japan accounted for only 0.8% of imports from India. But by inviting Japanese clothing companies to participate in its international clothing and fabrics Exhibition (IIGF) and holding product exhibitions in Japan, India has stepped up its efforts to publicize Japan, and looks forward to further opening Japan in the future. market 。
India government, India Garment Export Promotion Committee (AEPC) and enterprises in the industry have high expectations for EPA. AEPC president said that EPA will promote Japan and India textile and garment industry exchanges more active. The enterprise representative industry believes that taking EPA as an opportunity, the commercial activities of India and Japan will really take the first step.
In India, the clothing production and processing industry has solved the employment of 60 million people and has become an important pillar industry in India. In 2010 (April 2010 ~2011 March), India's clothing exports increased by 4.2% over the previous period, totalling $11 billion 160 million, and this year is expected to be completed by US $14 billion. Apart from Japan, India is expanding its market share in Russia, Israel and Latin America.
On the basis of AEPC, India has participated in the fashion week international fashion exhibition (JFWinternationalFashionFair) held in July from 2009 in a group form. India textile Ministry said it hoped that through participating in such activities, it could publicize India's comprehensive strength in the textile field.
The first difficulty for India to expand exports is to improve product quality and reduce delivery time disputes. In addition to supporting advanced technology through third countries, the India government is tackling the problem of increasing production capacity. India's commerce and Industry Department also said that the support for the textile industry could not be raised without solving the logistics problem. Therefore, the government is also actively preparing for the construction of related facilities.
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