The seminar drew nearly 60 enterprises, associations, and research centres from both countries, spanning the textiles, footwear, and silk industries.
In his opening remarks, Bui Trung Thuong, Trade Counsellor and Head of the Viet Nam Trade Office in India, emphasised that the two countries are highly complementary across the textile and footwear value chain.
While India has strengths in raw materials, fibres, leather, technology, and a large domestic market, Viet Nam holds advantages in manufacturing capacity, export performance, and an extensive network of free trade agreements.
These strengths lay a strong foundation for both sides to expand cooperation in investment, trade, and technology transfer in the period ahead.
At the seminar, Goutham Jain, representing the organising committee of Bharat Tex 2026, one of India’s premier textile trade events, noted that the event aims to serve as a global platform spanning the entire value chain from fibre to fashion.
He noted that the Indian textile industry is valued at 180 billion USD and has strengths in both natural and synthetic fibres. Amid global geopolitical uncertainties, he added, India is confident in its ability to position itself as a stable and reliable partner for regional countries, especially Viet Nam.
Emphasising that Bharat Tex 2026 is not merely a trade exhibition but a strategic platform for substantive international cooperation in the textile sector, Jain extended an invitation to ministerial-level delegations and leading experts from Viet Nam to attend the event.
According to Jain, Viet Nam’s participation would create significant opportunities for Vietnamese enterprises to access the Indian market, forge stronger partnerships, and advance bilateral cooperation across the entire textile value chain.
From an investment perspective, Aditya Das and Tripti Pandey, representatives of Invest India, outlined opportunities for bilateral investment cooperation in textiles, garments, and footwear, covering areas such as favourable production policies, industrial ecosystems, joint venture potential, supply chain collaboration, and technology transfer.
To that end, Invest India stands ready to support Vietnamese enterprises in pursuing textile and footwear investments in India, enabling both sides to leverage their respective strengths.
Meanwhile, Duong Phong Hoa, Deputy Director of the Institute of Innovation and Technology under the Viet Nam Leather, Footwear and Handbag Association (LEFASO), introduced the 2026 Shoes and Leather Viet Nam trade fair, extending an invitation to Indian enterprises to participate and explore new partnerships with Viet Nam’s leather and footwear industry.
