A Singaporean textile industry delegation has arrived in New Delhi to forge outsourcing agreements with Indian companies.

According to delegation leader Edward Ang, the group "sees big opportunity for investment, especially in joint ventures, with Indian partners and outsourcing of fabrics and garments to facilitate their global textile trade."

Ang, who is also president of the Singapore Textile and Fashion Federation, told the Confederation of Indian Industry that the delegation members were keen to diversify their outsourcing base before 2005.

"Singapore was keen to promote outsourcing from India as an alternative textile supply base to its existing supply sources from China, Hong Kong, Indonesia and Korea in the event of quota-free textile trade by next year," he said.

He described Singapore as a "gateway" to south-east Asian markets and implored Indian textile companies to establish outlets in the country.