Taiwan is keen to explore business opportunities in South Asian markets like India, Bangladesh and Sri Lanka.
“There is huge demand for innovative knit and woven textile products (yarns and fabrics) like synthetic, fancy, functional, recycled, and eco-friendly, as well as garment accessories in these countries.” says Sean Tsai, Overseas Market Development Specialist, Taiwan Textile Federation (TTF).
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Quoting India’s potential Tsai added, “We see India’s potential similar to that of China in terms of functional textiles. Furthermore, we keep bringing more companies from Taiwan to India to measure the potential and increase their export market. We aim to export around US$500 million worth of functional textiles in the next five years to India.”
Taiwan Textile Federation have been organizing buyer and seller meet in India, and has been successful in connecting and supplying their innovative and trendy textiles to some of the leading exporters and brands in India like Shahi Exports, Gokaldas Images, Madura Garments, Moxi Sports, and Proline India etc.
