(VOV) – Many garment businesses are seeking material suppliers from ASEAN countries and India, said Tran Quang Nghi, Chairman of the Vietnam National Textile and Garment Group (Vinatex).
Nghi said it is feasible for the Vietnam and India garment sectors to boost cooperation for mutual benefits. Vietnam currently ranks fifth among the world’s leading garment exporters while India is strong at producing textile and garment materials.
Sharing the same view, Tran Viet, head of the Vinatex market department, said the Indian Consulate General has introduced a ‘Make in India’ campaign initiated by Prime Minister Narendra Modi aimed at developing the country into a production workshop in the world.
India should become a material production workshop for the Vietnam textile and garment sector, Viet said.
Viet adds a large number of Vietnam firms attended an international exhibition on garment in Ahmedabad, India in October, 2014, showing their special attention to Indian material supply. They also had a chance to make fact-finding tours of workshops and discuss cooperative opportunities with Indian partners.
Pham Ngoc Diep, Vice General Director of Dong Xuan Knitting Company, says Vietnam is weak at dying while India is good at doing the task. Businesses from two countries should cooperate and transfer dye technology.
In addition, Vietnam needs Indian assistance in planting cotton as if having a material zone, businesses should be active in production and take full advantages of Trans-Pacific Partnership (TPP) agreement.
Nghi says in the next 1 to 2 years economic exchanges between Vietnam and India will further develop, helping Vietnam garment firms seek high quality input supplies at reasonable prices.
According to ASEAN-India Free Trade Agreement, garment is one of goods that the two countries wow to cut taxes. This is a good opportunity for Vietnam to diversify material supply in order to restructure the production model and boost exports.
Đăng ký: VietNam News