INDIA: India Could Be A Key Player In Global Textile Trade - Report
India could emerge as one of the key players in the international textile trade after MFA (multi-fibre arrangement) quotas come to an end in 2005, according to a report from the Federation of Indian Chambers of Commerce and Industry (FICCI). Trade in textiles and clothing is expected to show higher growth in the post-WTO period. However, there is a need to develop large-scale facilities that are capable of meeting the requirements of major buyers in the export market, the report said.
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