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American clothing companies push for India - US FTA

American clothing companies, scouting for greater investment opportunities in India following the US-China trade war, have made a case for a free trade agreement between the US and India to increase trade in the sector.Other suggestions given by a group of 15 American companies to Textile Minister Smriti Irani was to improve the ease of doing business on the ground, provide higher skills to workers and draw up a sustainable growth plan for the sector.

The delegation, which comprises representatives from American textile majors such as Ralph Lauren, the PVH Group (which owns brands like Calvin Klein, Timmy Hilfiger, Van Heusen and Arrow) and Carter’s Inc, also discussed future possibilities with Niti Aayog.

An FTA between the US and India would promote business in the textiles sector. The Amcham delegation also met the faculty of the National Institute of Fashion Technology (NIFT) to exchange ideas on the latest trends in design.

 
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