Nigeria seeks to strengthen ties with Indian textile industry
Nigeria plans to strengthen its ties with the Indian textile industry to revive its integrated cotton industry.
Muhammad Bala, Deputy Director, Department of Industrial Development, Federal Ministry of Industry, Trade and Investment, Nigeria, and Navdeep S. Sodhi, Partner, Gherzi Textil Organisation, said The Hindu Tuesday that a 12-member delegation was on a week-long study trip to India. They hold industry talks in some of the textile hubs to learn about best practices adopted throughout the textile value chain.
On Tuesday, the delegates had a meeting with the Southern India Mills’ Association (SIMA) and with the South India Textile Research Association, in addition to visiting some textile industries and institutions.
According to one of the delegates, Nigeria has 84 million km2 of fertile land and nearly one million km2 is cultivated with cotton. However, the textile industry in Nigeria, which was once a thriving sector, is facing challenges due to the import of cheap garments.
Mr Sodhi said “the influx of cheap Chinese garments via the unorganized route is undermining the local industry”. Mr. Bala added that the Nigerian government was trying to solve this problem. It has a government policy on cotton textiles. Indian investment in the textile sector in Nigeria is among the highest.
“We need to modernize and upgrade this industry,” Mr. Sodhi said. Therefore, Nigeria was planning to strengthen cooperation with the Indian textile and garment industry in the areas of cotton production, trade, investment and capacity building.
K. Selvaraju, Secretary General of SIMA, said India’s textile and garment exports were worth $44 billion in 2021-2022 and are expected to reach $100 billion by 2030. Explaining the details of cotton cultivation in southern India and the growth of the textile industry, he said. the industry is open to better cooperation with Nigeria.