B2B Meeting with Sri Lankan Business Delegation
Apparel Reports on the B2B Meeting held between Representatives of CMAI and other Apparel & Textiles Councils of India and Sri Lanka on 26th September, 2018 at Apparel House, Gurugram, Haryana.
A detailed report on the B2B meeting held between representatives of the textile industries of India and Sri Lanka
On the initiative of the Ministry of Textiles, Govt. of India, a B2B Meeting between the Representatives of CMAI and other Apparel & Textiles Councils of India and Sri Lanka was held on 26th September, 2018 at Apparel House, Gurugram, Haryana.
Whilst Ms Aditi Das Rout, Trade Advisor, Ministry of Textiles and Mr S B Nanda, Under Secretary, Ministry of Commerce attended the Meeting on behalf of the Govt. of India as Observers, Mr Rahul Mehta, President, Mr Rajesh Masand, Vice President, Mr Sanjeev Agarwal, CEO, Rangriti, Mr D K Nair, Economic Advisor & Mr J K Arora, Senior Director, CMAI, Northern Region attended the said Meeting on behalf of the Association.
Ms Aditi Rout, Trade Advisor, referred to the request from Sri Lanka to remove the Quota restrictions on Sri Lanka’s Exports of Readymade Garments into India and stated that complete liberalisation of Quota is not possible due to Domestic sensitivity, though the engagement between the two Countries can be deepened by developing a Regional Value Chain which complements the mutual strength of both the Countries.
Shri A G Nimal Karunatilake, Acting Director General, Department of Commerce, on behalf of the Sri Lankan Delegation, thanked the Ministry of Commerce and the Ministry of Textiles of India for arranging the B2B Meeting, and extended their willingness to explore win-win solutions for increasing Trade between the two Countries. In a presentation, opportunities for Sri Lankan Exporters in India and opportunities for Indian Exporters in Sri Lanka were also discussed. The Delegation stated that both Countries may explore the possibility of working together as Partners, given the synergies between the two Countries.
Mr Rahul Mehta, representing the interests of the Domestic Apparel Industry, drew the attention of the Sri Lankan Delegates to the significance of the Garment Industry in India in the Government’s drive for Job creation, and the importance of the Industry in providing Employment to the semi-skilled and unskilled Workforce of India. CMAI highlighted the increased Imports from various Countries in recent years and the threat perception, particularly to the SME Sector, which constituted nearly 80 per cent of the Apparel Industry in India. Unrestricted Imports from Sri Lanka would only add to this perception. It also raised a concern over backdoor entry of Chinese Garments to India. CMAI was fully Supportive of the need to Increase Trade between the two Countries, but took the view that there were several other avenues available for increasing Sri Lanka-India Trade, and emphasised the need to look beyond just Increase of Quotas. CMAI also felt that Sri Lankan Entrepreneurs investing in Production facilities in India using Indian Labour and Sri Lankan Expertise in Production management could be an ideal winwin situation for both the Countries.
The Sri Lankan Delegation appreciated the Scope for expanding Two-way-Trade and stated that they would pursue the positive feedback they received from the Indian Industry during the Meeting and would come up with Specific Proposals in due course.