Sunday, July 6, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Exports

India fast tracks FTA negotiations with Australia and EU

Fiinews by Fiinews
November 29, 2018
in Exports, Industry Sectors, Investment, Manufacturing, Technology
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Textile industry urged to scale up

 

It cannot be any better for the textile industry – the government is fast tracking free trade agreements and identifying export partners in new markets.

Making this call, Commerce & Industry Minister Suresh Prabhu said the Government is looking to fast track negotiations of Free Trade Agreements (FTAs) with European Union and Australia.

He said an FTA with EU would relieve the pressure on the industry and enhance competitiveness, he said, calling on the industry to work out a road map for exports.

The government has been making all efforts in identifying potential export partners and strengthening relationships with them, he said, calling on the industry expand beyond markets in the United States and European Union.

But he also wants the industry to develop at a faster pace, urging them to invest in technology and scale up processes to be globally competitive.

Addressing a Global Conclave of Confederation of Indian Textile Industry in New Delhi on 28 Nov 2018, Prabhu assured the Government’s support to the industry.

Contribution from textiles and apparel can be increased by scaling up and increasing investments into the industry along with cost optimization and vertical integration.

Investing in new and more efficient technologies and processes will lead to more superior products, he pointed out.

The Indian textile industry should modernize their approach as well as the technologies and gain competitive advantage over neighboring countries.

Diversify product range across the value chain, added the minister, saying his ministry is making all efforts to get line ministries for greater synergy in order to promote exports. fiinews.com

Tags: Confederation of Indian Textile IndustryMinistry of Commerce and IndustrySuresh Prabhu
ShareTweetShare

Related Posts

SOPA
Exports

Export: India to ship non-GMO soybean to EU

by Fiinews
July 6, 2025
0
16

Global demand for deforestation-free non-GMO soy rises Indian non-GMO soy is a natural fit for EU buyers seeking sustainable and...

FICCI
Manufacturing

Manufacturing: Framework on Drones by Sep-Oct

by Fiinews
July 6, 2025
0
15

Lt Gen Singh urged industry to invest more on component level R&D Lt Gen Rahul R Singh, Deputy Chief of...

Toy Biz International2

Export: India supplies toys to 153 countries

July 6, 2025
19
IPA

Invest: Serendipity Space raises pre-seed round

July 5, 2025
17
Air Liquide

Manufacturing: Air Liquide builds ASU-CFS

July 5, 2025
13
MTI

Tech: TCS to be part of Singapore Smart Nation

July 5, 2025
21
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: India to ship non-GMO soybean to EU
  • Tender: Take care of new urban development
  • Manufacturing: Framework on Drones by Sep-Oct
  • Project: Joint maritime professionals launched
  • Market: Daimler bullish on construction sector

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.