J&K entrepreneurs explore opportunities in France’s textile market

Srinagar, May 4 (KNN) Indian delegation from Jammu and Kashmir (J&K) at the ongoing Foire De Paris are exploring various business opportunities in the booming textile market of France.

A group of 70 individuals, including over 15 artisans and entrepreneurs from J&K, attended Foire De Paris as part of a delegation.

Jawed Ashraf, India's Ambassador to France, and Romesh Khajuria, Chairman of the Wool & Woollens Export Promotion Council (WWEPC) under the Ministry of Textiles, inaugurated the Indian pavilion at Foire De Paris, reported The Kashmir Monitor.

Among them are 15 exporters and entrepreneurs from J&K who are part of the WWEPC delegation and have the chance to explore the market in Paris, France.

Khajuria suggested that small-scale manufacturer-exporters should take advantage of this market and maintain their existing contacts.

According to Khajuria, France is one of the largest importers of textiles and apparel worldwide, with textile products worth USD 30 billion being imported, accounting for 75 per cent of France's total textile imports.

The export of readymade garments of all textiles to France showed a remarkable 10 per cent growth and exceeded the set target by 104 per cent.

Additionally, woolen product exports demonstrated impressive growth of more than 30 per cent in 2022-23, with exports worth USD 17 million compared to USD 13 million in 2021-22.  (KNN Bureau)