(AEPC) Chairman said the duty-free access for the sector to Australia under the trade pact will bring domestic exporters at par with global competitors and make local products competitive.
“This will also provide a good opportunity for the Australian companies to embrace
Recently, an AEPC delegation participated in the
Goenka said that the Australian companies are eagerly waiting to forge stronger ties and source garment and textiles products from India and this deal will be a shot in the arm for them.
“AEPC will be facilitating the Indian companies to connect with the right partners through its export promotion initiatives,” he added.
Australia has traditionally been a major trading partner for the Indian garment industry with exports occupying a share of about 4 per cent of total Australian garment imports.
“The zero-duty deal with Australia in the southern hemisphere will keep Indian factories fully utilised during its lean period with orders for spring and summer products that Indian players are best in,” he noted.