Twenty six Indian firms will introduce fabrics and yarn to Vietnamese textile companies who now import mainly from China at a textile exhibition to be held in Ho Chi Minh City on August 25 and 26.
|Srijib Roy, joint director of the Synthetic and Rayon Textiles Export Promotion Council (R), Indian consul in HCMC, Jitendra Nath Mishra (2R) at a press conference in HCMC on August 21 where they announced the holding of an Indian textile industry exhibition on August 25 and 26 (Photo: H.Y.)|
“We come … in the role of a partner but not a competitor to Vietnamese garment and textile enterprises. We want to be another source and offer competitive prices for Vietnamese firms,” said Srijib Roy, joint director of the Synthetic and Rayon Textiles Export Promotion Council, at a press conference on August 21.
Indian companies hope to find opportunities to supply more materials to the Vietnamese clothing industry through this exhibition, he added.
Indian exports to Vietnam include embroidery, acrylic, viscose, filament and other mixed yarn, and fabric for making shirts, suits, dresses, curtains, and tablecloth.
Export of yarn, cotton and other products to Vietnam was worth US$7.03 million in 2004-05 and rose to US$27.5 million in 2008-09, according to the council.
At the exhibition, to be held at the Rex Hotel, Vietnamese enterprises will have one-to-one meetings with Indian suppliers.