New Delhi, Feb 17 (IANS) Massive export potential for Indian apparel to Mexico exists as the bilateral trade between the two countries has risen said India’s ambassador to Mexico Manpreet Vohra.
Speaking at ‘India-Mexico Synergies in Apparel and Textiles’, a virtual B2B meeting organised by Apparel Export Promotion Council (AEPC) and Embassy of India, Mexico City, Mexico, on Tuesday evening, Vohra said that the bilateral trade has grown 46 per cent to about $10 billion since 2014.
“Mexico is now India’s largest trading partner in Latin America and the second largest in entire America after the USA and having overtaken Canada and Brazil. Our trade is also fairly well balanced with only about $1 billion in India’s favour,” Vohra said.
The Ambassador said that one of the most important products in the bilateral trade basket is garments and textiles for which India is among Mexico’s top…