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The visit of the President of the Republic of Paraguay, Santiago Peña Palacios, to India reaffirmed the mutual commitment of both countries towards economic cooperation, trade, and investment. The President held discussions with India’s apex trade body, the Federation of Indian Export Organisations (FIEO). The visit highlighted trade relations not only with Paraguay but with the entire MERCOSUR bloc.
India exported textiles and apparel worth $*** million in **** and $*** million in **** to the MERCOSUR bloc. Apparel exports to the bloc stood at $*** million in ****, $*** million in ****, and $** million in ****. Exports of home textiles were $** million in ****, $** million in ****, and $** million in ****. Fabric exports amounted to $** million in ****, $** million in ****, and $** million in ****, according to Fibre2Fashion’s market insight tool TexPro.
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