India offers alliance to Mexico
- Category: Portum
India is looking to become Mexico's ally in the textile and apparel sector. Muktesh Pardeshi, India's ambassador in Mexico, explains that, regardless of the Government change in the U.S., they want to increase their relation with Mexico. Anil Rajvanshi, from the Council to Promote Synthetic Textiles and Rayon in India (which groups 5,300 companies together), comments that there is great potential in the possibility of having an association between Indian and Mexican companies, because Mexican products have tax-free access into the U.S., while textile products from India pay taxes ranging from 16% to 29%.