July 13, 2024

CITI Team Visits Techtextil To Promote Ties With Switzerland

A CEO delegation from the Confederation of Indian Textile Industry (CITI) visited Techtextil 2024 to promote business opportunities with Switzerland arising from the recently signed EFTA agreement.

India had recently signed a Trade and Economic Partnership Agreement with the European Free Trade Association (EFTA) countries, which includes Iceland, Liechtenstein, Norway, and Switzerland.

CITI has been working on strategies to promote business collaborations between India and Switzerland, an important textile trade partner for India.

Under a partnership agreement, CITI has been working closely with the National Textile Association of Switzerland for greater engagement.

Led by Dr SK Sundararaman, the CITI delegation actively participated in a series of engagements, especially with textile companies and associations of Switzerland at Techtextil.

A B2B meeting was organised on the sidelines of Techtextil for CITI members to delve into the full spectrum of technical textiles, nonwovens, functional apparel textiles, and textile technologies.

It served as a hub for exploration, knowledge exchange, and the formation of strategic partnerships.

The B2B interactions and tour of the Swiss Textiles booth offered insights into the latest innovations and developments in the textile industry, fostering networking and knowledge-sharing opportunities.

The CITI delegation was the first of many such engagement programs planned for enhancing strategic partnership between the members of CITI and Swiss Textiles.

The partnership between CITI and Swiss Textiles was formalised through a joint declaration signed on November 23, 2023, during the 19th Joint Economic Commission (JEC) between India and Switzerland.

This declaration underscores the dedication of both parties to fostering collaboration and enhancing trade relations, marking a significant milestone in the textile industry.

Dinesh Nolkha, Vice Chairman of CITI, played a pivotal role in the JEC session, articulating the objectives of the joint declaration and outlining plans for deeper engagement with the Swiss textile industry.

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