Indian Technical Textile Association Joins hands with Taiwan’s TTTA For Development Of The Tech Textile Sector

Mergers & Acquisition

Indian Technical Textile Association Joins hands with Taiwan’s TTTA For Development Of The Tech Textile Sector

Indian Technical Textile Association (ITTA) – the apex body of Technical Textile manufacturers in the country has joined hands with Taiwanese counterpart Taiwan Technical Textiles Association (TTTA) to promote the Technical Textile Industry in both the countries. ITTA Chairman Dr. K S Sundararaman has taken initiative to forge the partnership between the two leading associations and accordingly, a Memorandum of Understanding has been signed in Taiwan recently. From ITTA, Amit Agarwal, Vice Chairman of the association and Alex Lo, Chairman of TTTA has signed the MOU. The signing ceremony was held in the presence of Sridharan Madhusudhanan, Director General, India Taipei Association - the representative office of Govt. of India in Taiwan. Under this partnership, member companies of both the associations would be immensely benefited. Here to note that, India is an emerging market for technical textile products while Taiwan has matured technical textile industry and product know-how. Speaking to Textile Excellence, Amit Agarwal said “The MOU would facilitate Indian and Taiwanese companies to form joint ventures for technical textile manufacturing in either of the countries. Also, companies from both the countries would be able to collaborate for sharing technical knowledge and compliment the supply chain with trade of technical textile materials.” ITTA office would facilitate Indian companies to trade and form joint ventures with TTTA members and members can connect with Dr. Anup Rakshit, Executive Director of the association at ed@ittaindia.org