Panipat has become a textile hub with an annual turnover of Rs 30,500 crore per annum in domestic and international markets of textile industry. Members of the Haryana Chamber of Commerce and Industry, Panipat chapter, and around 1,200 members associated with the Handloom Exports Manufacturers’ Association (HEMA) have decided to boycott China for not supporting India’s entry to NSG.
The Panipat exporters have decided to boycott the international summit on textile named “ITMA ASIA + CITME 2016†to be held in Shanghai in October.
Ramesh Verma, president, HEMA, Panipat said that this is the mega show of all nine European Textile Machinery Associations, China Textile Machinery Association and Japan Textile Machinery Association.
Pritam Singh Sachdeva, chairman, HCCI, Panipat chapter said that they are also getting consent from the state body to boycott China for business deals.
India is a major competitor of China in textile industry .
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