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.

Apparel - - CONTENTS OCTOBER 2018 -

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.

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