The Clothing Manufacturers Association of India (CMAI) has signed a memorandum of understanding (MoU) with the China Chamber of Commerce for Import and Export of Textiles (CCCT) to explore new business opportunities in apparels and exchange trade and data for mutual benefit.
According to CMAI President Rahul Mehta, China has begun to reduce focus on its labour intensive sectors like the textile and apparel industry, which offers a big potential to India and fill up the space vacated by China. The cooperation is expected to benefit both China and India as while organising trade shows, both trade bodies will try to bring in new companies as well as visitors to the fair.