Related Keywords: alternative export market, focused trad policy supply, improve export market access from China under RCEP, Indian Texpreneurs Federation, moving up value chain, natural trhreat for Indian textile industry, RCEP, reduction of Chinese import, relocating to Vietnam, textile industry can touch export target, Transpacific Trade Partnership
The Transpacific Trade Partnership (TTP) is a natural threat for the Indian textile industry as exporters from TPP member countries (of which India is not a member) tend to get preferential access to the US market, but textile industry of India can still touch the export target of $300 billion by 2025 with focused trade policy supply and by moving up the value chain, according to the secretary of Indian Texpreneurs Federation (ITF) D Prabhu.