Russia, India agree to further strengthen cooperation in the textile sector
India and Russia recently agreed to further strengthen their cooperation in the textile sector, expanding production and promoting trade in finished garments, raw materials, and equipment.
According to a release from the Russian Ministry of Industry and Trade, discussions took place in Moscow earlier this month between Russian Deputy Ministers of Industry and Trade Alexei Gruzdev and Ivan Kulikov and Indian Minister of State for Textiles Pabitra Margherita.
Margarita also inaugurated the 'Best of India - Indian Apparel and Textiles Fair' held in Moscow from October 1 to 3. The fair was organized by India's Handloom Export Promotion Council (HEPC).
The discussions focused on the comprehensive development of the light industry sector. Both sides agreed to encourage cooperation between Indian manufacturers and leading Russian brands, retail chains, and e-commerce platforms. Both countries will also support textile-focused trade fairs and exhibitions.
In particular, Indian partners were invited to participate in the International Exhibition and Forum for Commercial and Investment Real Estate, Logistics, Retail and E-Commerce MALLPIC in Sochi from 19 to 21 November, as well as the International Technical Textiles Forum in Moscow on 18 December.