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Kenya and India have inked a partnership deal aimed at encouraging trade and investment in the textile and industrial sectors. The agreement presents a chance for both countries to attract investments by demonstrating their deep textile traditions and cultures and directing investors for growth and expansion, according to India ITME, a non-profit apex industry group from India.
India International Textile and Manufacturing Expo’s planning and preparation will have the Kenya National Commerce and Industry (KNCCI) as an official partner. This is set to take place in India from December 8 to 13, 2022. In his inauguration speech, President William Ruto mentioned that his government will leverage on competitive advantage in leather and textiles to roll out a labour-intensive agro-processing industrialization programme.
According to CS industrialization Betty Maina, the textile and apparel industry makes up 6% of the entire manufacturing industry making up 0.6% of Kenya’s GDP.
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Kenya will benefit from the relationship with India by gaining expertise to establish significant domination in the spinning sector and by capitalizing on the cutting-edge equipment produced in India. Kenya is set to benefit from its cooperation with India, according to Rohit Vadhwana, Deputy High Commissioner and DPR to UNEP and UN-HABITAT, who observed that India has made significant progress in improving the textile industry creating employment opportunities and skill development for young people,
As a result of the agreement, Ambassador Isaiya Kabira (Director General International Conferences, Media Events and Public Communications – Ministry of Foreign Affairs Kenya) expressed interest in organizing an official delegation from Kenya to visit India in December 2022 in order to examine additional opportunities for cooperation between the two countries.
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The arrangement comes as Kenya works to develop its textile industry, which has long served as a hub for shipping and trade with Asian and Arab nations. Kenya’s exports of textiles and clothing climbed by 5% in FY2021 compared to FY2017, while imports rose by 10%.
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