Backed by the Government of Tamil Nadu, Confederation of the Indian Industry (CII) organized
buyer-seller meet with the Cambodian Ministry of Commerce (MoC) to address tariffs issues, foster better trade relations, and explore potential opportunities in the textile. The meet was attended by several representatives from the yarn and fabric sectors.
Ok Boung, Secretary of State, MoC, and Vanlalvawna Bawitlung,Indian Ambassador to Cambodia, presided over this CII-Government of Tamil Nadu Textile Buyer – Seller Meet & Product Showcase event in Phnom Penh.
During the event, Boung emphasized on the need for Cambodia to boost its competitiveness, integrate into regional and global supply chains, enter new markets, improve its competitiveness, increase production capacity, connect to global value chains, and attract investment to developing industries.
Known for its journey from fiber to fabric, Tamil Nadu is home to multiple textile clusters and is the country’s largest exporter of ready-made clothing, R Lalitha, IAS, Director of Textiles, Government of Tamil Nadu remarked.
The meeting was also attended by Nandha Gopal, Investment Facilitator Guidance, Tamil Nadu; Albert Tab, Executive Committee Member, TAFTAC; and Richhpal Singh, Counselor (Political & Commerce), Indian Embassy in Phnom Penh.
Aiming to improve international business ties and promote textile industry growth, Indian sellers actively sought buyers and partners for collaborative textile manufacturing partnerships between India and Cambodia in response to current global uncertainties and climate challenges.
