INDIA: Texprocil Plans Information Centre, US Office
The Cotton Textiles Export Promotion Council (Texprocil) plans to set up a "textile intelligence centre" to provide up-to-date trade information for its members and overseas customers.
The plans were revealed by council chairman Mr BK Patodia, who said increased competition from the lifting of quotas had led to rising demand for timely and accurate market intelligence.
Other strategies to increase market share involve a trade visit to China next month. The council recently signed a memorandum of understanding with the China National Textile and Apparel Council to help build better trade relations with that country.
Mr Patodia also said the council had decided to open an office in the US to promote Indian cotton textiles.
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