A 10-member delegation from Taiwan is visiting Tamil Nadu until July 12 to explore joint ventures, trade opportunities, and technology collaboration in the textile industry, focusing on manmade fibers and recycling technologies.
Coimbatore: A 10-member delegation from Taiwan is currently in Tamil Nadu, exploring possibilities for joint ventures, improved trade relations, and technology collaboration in the textile industry. The visit, scheduled to conclude on July 12, follows a reciprocal visit by a Tamil Nadu delegation to Taiwan last October.
G.R. Gopikumar, convenor of the Textile Panel of the Confederation of Indian Industry (CII), Tamil Nadu, informed the media on Wednesday about the delegation's activities. The Taiwanese group has already met with officials from the Union Textile Ministry in New Delhi and visited factories in Coimbatore, Tirupur, and Erode districts on July 10 and 11. They are set to engage in discussions with Tamil Nadu government officials in Chennai on July 12.
Taiwan, a leading manufacturer in the manmade fibre (MMF) sector, is known for its strengths in technical textiles, particularly sportswear. K Vel Krishna, co-convenor of the panel, and Gopikumar highlighted that out of Taiwan's $40 billion textile industry, only about $12 billion remains in Taiwan. The rest of the production has been shifted to countries like Indonesia, Vietnam, and Cambodia.
The Taiwanese industrialists are now considering India as a potential base, looking to shift from China. They are keen to understand India's MMF ecosystem, infrastructure facilities, and available technology. Taiwan's expertise in textile recycling technologies is another area where Indian industries could benefit from collaboration.
Gopikumar also mentioned that the CII has initiated a study, funded by the Tamil Nadu government, on the technical textile industry in the state. This study will cover various aspects, including how brands perceive the industry in the region.
Dharmendra Pratap Yadav, Secretary of Handloom, Handicraft and Textiles, Tamil Nadu, stated in a press release that the delegation is engaging in discussions with the state government to explore opportunities for strategic partnerships, collaboration in global supply chains, and access to the vast Indian domestic market.
M Vallalar, Textiles Commissioner of the Tamil Nadu government, emphasized Taiwan's advancements in environmental protection and recycling technologies. He suggested that these technologies could potentially be transferred to support India's sustainability efforts in the textile sector.
This visit marks a significant step towards fostering international collaboration in the textile industry, with both regions looking to leverage each other's strengths for mutual growth and development.
G.R. Gopikumar, convenor of the Textile Panel of the Confederation of Indian Industry (CII), Tamil Nadu, informed the media on Wednesday about the delegation's activities. The Taiwanese group has already met with officials from the Union Textile Ministry in New Delhi and visited factories in Coimbatore, Tirupur, and Erode districts on July 10 and 11. They are set to engage in discussions with Tamil Nadu government officials in Chennai on July 12.
Taiwan, a leading manufacturer in the manmade fibre (MMF) sector, is known for its strengths in technical textiles, particularly sportswear. K Vel Krishna, co-convenor of the panel, and Gopikumar highlighted that out of Taiwan's $40 billion textile industry, only about $12 billion remains in Taiwan. The rest of the production has been shifted to countries like Indonesia, Vietnam, and Cambodia.
The Taiwanese industrialists are now considering India as a potential base, looking to shift from China. They are keen to understand India's MMF ecosystem, infrastructure facilities, and available technology. Taiwan's expertise in textile recycling technologies is another area where Indian industries could benefit from collaboration.
Gopikumar also mentioned that the CII has initiated a study, funded by the Tamil Nadu government, on the technical textile industry in the state. This study will cover various aspects, including how brands perceive the industry in the region.
Dharmendra Pratap Yadav, Secretary of Handloom, Handicraft and Textiles, Tamil Nadu, stated in a press release that the delegation is engaging in discussions with the state government to explore opportunities for strategic partnerships, collaboration in global supply chains, and access to the vast Indian domestic market.
M Vallalar, Textiles Commissioner of the Tamil Nadu government, emphasized Taiwan's advancements in environmental protection and recycling technologies. He suggested that these technologies could potentially be transferred to support India's sustainability efforts in the textile sector.
This visit marks a significant step towards fostering international collaboration in the textile industry, with both regions looking to leverage each other's strengths for mutual growth and development.