India'S "No Man" Textile Factory Is Actually Amazing.

India officials said that the retaliatory tariffs being implemented by the two sides provide an opportunity for India to increase its export to China.

Recently, the India Textile Industry Federation (CITI) said that Sino US trade friction benefited India textile enterprises. India's cotton textiles, carpets and man-made fibers benefited most, because the Sino US trade war provided opportunities for India to open up the US market.

A recent CITI analysis reported that the United States imposed tariffs on China's $200 billion product to give India exporters a competitive advantage. Textile products account for only about $3 billion 900 million in Chinese products of $200 billion, but still bring opportunities to India enterprises.

　　 According to the report, in 2018, the United States imported about 1 billion 710 million of the textiles from India, 43% of the imports of Chinese textiles. Cotton textile accounts for the bulk of all textile tariffs. From the amount of money, the most imported parts of the United States are carpet, non woven rope and chemical filament. These categories of products have expanded opportunities for India's exports, including silk, wool, cotton, other plant fibers, rayon yarns, polyester and short, floor decoration, non braided ropes, special woven fabrics, knitted fabrics and coated fabrics and industrial fabrics.

However, the US tariffs on China do not include clothing and textile products, so the products of these categories in India do not get the same competitive advantage.

It is also reported that Prabhu Damodaran, the convener of the India textile entrepreneur association, also said that the total export volume of textiles worldwide was fixed at 260 billion US dollars. In the past 5 months, China's exports to the United States dropped by 3% to 4%. India's textile manufacturers must make use of this opportunity to make money.

"India manufacturers must shift their focus to value-added products and large-scale garment manufacturing in the clothing sector, which will help reduce the cost of clothing. An increase of US $1 billion in exports will create 150 thousand new jobs for India. "

According to press reports, India has identified 151 commodities that can replace US exports to China. With the escalation of Sino US trade frictions, India is expected to expand its exports to China by virtue of its price advantage.