ENA Sectors 2025-08-11 14:43:53 <p><span style="font-size:14px"><strong>New Delhi, Aug 11 (KNN)</strong> The Powerloom Development &amp; Export Promotion Council (PDEXCIL) is intensifying efforts to strengthen trade and cooperation between India and Sri Lanka, with a special focus on the textile sector.</span></p> <p><span style="font-size:14px">Recently, PDEXCIL Chairman K. Sakthivel led a delegation of Indian fabric exporters to Sri Lanka to explore new opportunities and expand business collaborations.</span></p> <p><span style="font-size:14px">The visit aimed to connect Indian textile producers with Sri Lankan buyers, encourage knowledge sharing, and promote high-quality Indian fabrics in the Sri Lankan market.</span></p> <p><span style="font-size:14px">By fostering such linkages, PDEXCIL hopes to create long-term partnerships that benefit both nations textile supply chains.</span></p> <p><span style="font-size:14px">PDEXCIL, a government-supported non-profit organisation, plays a vital role in promoting Indias powerloom sector and facilitating the export of fabrics and made-up textiles.</span></p> <p><span style="font-size:14px">This mission aligns with Indias broader trade strategy to enhance regional economic integration and support small and medium-sized enterprises in accessing global markets.</span></p> <p><span style="font-size:14px">India and Sri Lanka share strong historic and cultural ties, with trade being a significant part of their relationship.</span></p> <p><span style="font-size:14px">In recent years, both countries have worked to strengthen these connections through improved financial systems, infrastructure projects, and trade agreements.</span></p> <p><span style="font-size:14px">The textile industry, in particular, has been identified as a sector with high growth potential due to complementary strengths&mdash;Indias manufacturing capacity and Sri Lankas garment production expertise.</span></p> <p><span style="font-size:14px">The recent initiative by PDEXCIL not only promotes business but also serves as a platform for cultural and industrial exchange.</span></p> <p><span style="font-size:14px">By expanding trade, both nations aim to generate employment, improve supply chain resilience, and foster sustainable economic growth in the region.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43124 https://knnindia.co.in/news/newsdetails/sectors/pdexcil-to-boost-india-sri-lanka-textile-trade 2025-08-11 14:43:53 knnindia.co.in