Indo-China textile business is likely to enter a new era of win-win situation as the two sides aim to change their view of severe competition and to opt for profitable collaboration.
Both countries would not see each other as competitors in international market, but would share each other's expertise and know-how, said a senior official from Textile Ministry.
High profile officials of textile industry and other association leaders would visit Chinese textile units in this connection.
India would review Chinese strategies in international market and its labour and power laws; while China would explore huge market for its textile machinery in India.
Indian fabrics and cloth manufacturers are interested in Chinese machinery, its low prices that allows manufacturers to replace obsolete and according to the changing needs of trends.
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