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Indian apparel exports may be hit by TTP agreement

Related Keywords: among TPP member countries, apparel and denim sector, barriers to goods and services, economic growth and development, enchance trade and investment, hit by TTP agreement, India plans setting up capacities in Vietnam, Indian textile exports, promote innovation, provide comprehensive market access

Indian textile exports, especially apparels and denim, may be hit with the signing of largest free trade agreements, the Trans Pacific Partnership (TPP) agreement which the United States is in advanced stage of signing with 11 countires, including Japan, Australia, Vietnam, Singapore and Cananda to enhance trade and investment among the TPP-member countries, promote innovation, economic growth and development, and support the creation and retention of jobs, apart from providing comprehensive market access by eliminating tariffs and other barriers to goods and services.

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