ENA Sectors 2025-08-20 17:03:13 <p><span style="font-size:14px"><strong>New Delhi, Aug 20 (KNN) </strong>At the 14th Massmerize conference organised by FICCI&mdash;focusing on Make in India: Powering the Future of FMCG, Retail and E-Commerce&mdash;prominent business figures urged the Indian government to broaden its network of Free Trade Agreements (FTAs) and prioritise sustainability to elevate India into a global manufacturing hub.</span></p> <p><span style="font-size:14px">Mayank Mohan, CEO and Owner of Mohanlal Sons, emphasised how countries like Bangladesh and Vietnam outpace India in apparel and textile exports.</span></p> <p><span style="font-size:14px">He highlighted that broader FTAs with key markets such as the UK and the US would offer cost advantages and preferential access, empowering India to close this export gap.</span></p> <p><span style="font-size:14px">Aseem Kaushik, Country Managing Director of LOr&eacute;al India, spotlighted the companys efforts to reduce environmental impact. All fragrances now come in refillable bottles, cutting use of glass, metal, and plastic by nearly 50%.</span></p> <p><span style="font-size:14px">Additionally, skincare products are shifting to recyclable 1-litre pouches. Kaushik added that LOr&eacute;al Indias plants are already powered entirely by renewable energy and operate under plastic-neutral and soon water-neutral models at their Baddi facility.</span></p> <p><span style="font-size:14px">Moderated by Deloittes Goldie Dhama, the session also featured leaders from Marico, ChrysCapital, Piramal Critical Care, and Kenvue India.</span></p> <p><span style="font-size:14px">They collectively underscored that growing domestic consumption coupled with global shifts in supply chains presents a crucial opportunity.</span></p> <p><span style="font-size:14px">Aligning FTAs with sustainable manufacturing incentives&mdash;such as expanding the PLI (Production-Linked Incentive) scheme to eco-friendly sectors&mdash;will help build globally competitive industries and enhance both exports and domestic value creation.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau) </span></strong></em></p> 43214 https://knnindia.co.in/news/newsdetails/sectors/industry-leaders-push-for-more-ftas-and-sustainability-to-boost-indian-manufacturing 2025-08-20 17:03:13 knnindia.co.in