HCMC – Twenty four Indian companies will display their latest range of fabrics and yarns in a two-day exhibition in the Rex Hotel in HCMC from Wednesday.
The Indian textile exhibition is organized by the Synthetic and Rayon Textiles Export Promotion Council of India in collaboration with the Vietnam Chamber of Commerce and Industry (VCCI). It’s the sixth Indian textile exhibition held in the city in the last few years.
“Indian textile companies have some advantages as they can supply big orders as well as small-volume ones,” Srijib Roy, joint director of the Indian council, said in a meeting with local media on Monday to introduce the exhibition.
Roy said they could meet demand of garment companies in fast changing fashion markets. Besides, Indian companies can change their products designs upon buyers’ request.
Abhay Thakur, consul general of India in HCMC, said Vietnam’s textile imports from India this year increased four times compared with last year. In the first half of this year, Vietnam imported US$115 million worth of Indian textile products compared to US$25 million in the year-earlier period.
