Eleven Indian enterprises closed business deals worth US$ 1.85 with their Peruvian counterparts at the 1st Business Roundtable and Exhibition of India’s Garment Industry (Intexpo) in the Andean nation.
According to India’s Synthetic and Rayon Textiles Export Promotion Council (SRTEPC), the recently-concluded trade fair sought to establish trade contacts among Indian entrepreneurs with leading businesses engaged in Peru’s textile and apparel sector.
Srijib Roy, SRTEPC’s head, highlighted that more than 300 business meetings were carried out at the textile exhibition fair which was held from April 28th to April 29th in the nation’s capital Lima.
During his remarks at the event, Roy pointed out garment exports from the south-east Asian nation to Peru were valued at US$ 55 million last year and added this amount is likely to see a four-fold increase by 2015-end.
Moreover, he stressed India can offer Peruvian textile entrepreneurs quality products at competitive prices, for the benefit of the two countries.
The First annual edition of INTEXPO was organized by the SRTEPC with the support of Indian Embassy in Peru and the Lima Chamber of Commerce (CCL).
(END) LVT/DLG/LOG
Published: 5/6/2014