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India-EU Trade Pact Opens Golden Export Window for Textiles, Chemicals

An industry leader has welcomed the India-European Union trade agreement as a transformative opportunity for key sectors like textiles and chemicals. The pact provides formal access to the large, high-value European market, offering scale and stability to Indian exporters. It is expected to help Indian manufacturers compete more effectively with rivals like Turkey and China by reducing trade barriers. The agreement also aligns with national initiatives like Make in India and can drive sustainable growth with support for modernizing smaller units.

Key Points: India-EU Trade Deal: Game-Changer for Textiles & Chemicals

  • Opens large EU market for textiles
  • Boosts chemical & pharma exports
  • Enhances competitiveness vs China & Turkey
  • Aligns with Make in India vision
2 min read

India-EU trade pact opens golden export window for textiles, chemicals: Industry leader

Industry leader hails India-EU trade pact as transformative for textiles, chemicals & pharma, boosting exports & aligning with Make in India.

"From the perspective of Indian textiles, such opportunities rarely come, and the FTA can emerge as a game-changer. - Bhadresh Dodhia"

New Delhi, Jan 28

An industry leader on Wednesday welcomed the India-European Union trade agreement, calling it a transformative opportunity for the textile, chemical and pharma-linked industries, with Prime Minister Narendra Modi's leadership seen as central to unlocking long-term growth and global competitiveness.

Speaking to IANS, Bhadresh Dodhia, Director of Dodhia Synthetics Limited, said the agreement marks one of the most significant moments for the Indian textile sector, as it offers access to a large, mature and high-value European market through a formal free trade framework.

"From the perspective of Indian textiles, such opportunities rarely come, and the FTA can emerge as a game-changer by providing scale, stability and visibility to Indian exporters," he said.

"For companies, which operates in plastic recycling and textile raw material production, the agreement is expected to open new doors in Europe and accelerate export momentum," Dodhia told IANS.

He noted that Europe already accounts for around 20 per cent of the company's export potential, and the trade pact will help Indian players compete more effectively with markets such as Turkey and China, which either benefit from lower costs or duty-free access.

"With reduced trade barriers, Indian manufacturers will be able to enhance their product portfolios and strengthen long-term relationships with European customers," he stated.

Highlighting Europe's global leadership in circularity and recycling, Dodhia said the region sets the benchmark for sustainable manufacturing.

Dodhia also said the trade pact aligns strongly with Prime Minister Modi's Make in India and Atmanirbhar Bharat vision.

He stressed that while the agreement will elevate Indian industry, there is also a need for continuous upgradation, particularly for MSMEs.

"Government support under Atmanirbhar schemes can help smaller units modernise and qualify as EU exporters, laying a strong foundation for sustainable future growth," he told IANS.

On foreign investment and technology inflows, Dodhia said India today presents one of the most attractive global manufacturing destinations.

- IANS

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Reader Comments

S
Sarah B
While the potential is huge, I hope the government ensures strict environmental and labor standards are met. The EU market is very conscious about sustainability. This is a chance for India to showcase responsible manufacturing.
P
Priya S
The focus on MSMEs is crucial. My uncle runs a small dyeing unit in Surat. Schemes that help him upgrade technology to meet EU norms can change his business entirely. Atmanirbhar Bharat in action!
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Vikram M
Competing with China and Turkey on a level playing field is the real game-changer. Our quality is already good, now with cost advantages, we can become the preferred supplier for Europe. Jai Hind!
R
Rohit P
A respectful note of caution: We must ensure this benefits the entire supply chain, from cotton farmers to garment workers, and not just a few large corporations. Inclusive growth should be the priority.
M
Michael C
The emphasis on circularity and recycling is spot on. Partnering with EU leaders in sustainable tech can help India leapfrog and build a greener manufacturing base. A win for both trade and the planet.

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