Business

Surat: Session organized by Chamber of Commerce on ‘Opportunity with Egyptian Cotton Federation’

The Chamber of Commerce and the Egyptian Cotton Federation will enter into a bilateral MoU with the aim of developing the cotton market and increasing the consumption of Surat’s man-made fabric in Egypt.

Egypt Cotton Federation participated in next year’s Yarn Expo and booked its first stall: Chamber President Himanshu Bodawala

A session on ‘Opportunity with Egypt Cotton Federation’ was organized by South Gujarat Chamber of Commerce and Industry at Sarsana, Surat on Sunday. In which Eli Elkebir, General Manager of the Export Councils of the Egyptian Ministry of Trade and Industry, and Khalid Schuman, Executive Director of the Cotton Egypt Federation, gave Surat entrepreneurs important information about the Egyptian cotton and textile industry.

Chamber President Himanshu Bodawala said that the Yarn Expo is going to be organized by the Chamber during the next date 19th, 20th and 21st August, 2023. In which Egypt Cotton Federation participated and the first stall was booked. He said that an MoU can be done between the Chamber and the Egypt Cotton Federation with the aim of developing the cotton market and how the consumption of Surat’s man-made fabric can increase in Egypt. Eli Elkebir and Khalid Schuman of Egypt agreed to this proposal made by him.

Egyptian cotton is the best cotton in the world. So it was discussed that it can be used in India. When 90 percent cotton fabric is used in Egypt, there was a significant discussion on how to increase the use of man-made fabrics from south Gujarat, including Surat, in apparel in Egypt. As an effort in this direction, an exhibition of Surat fabrics will be organized in Egypt and the Chamber of Commerce and the Egyptian Cotton Federation will sign a bilateral MoU for the same.

Eli Elkebeer and Khalid Schuman made the presentation and said that the agriculture sector in Egypt has quality cotton cultivated by farmers and the best quality cotton in the world is produced in Egypt. Their cotton is exported all over the world. Their cotton is a bit expensive compared to other countries but Egypt is remembered for its quality cotton. He requested the Surat industrialists to import quality cotton from Egypt when the cloth is being made and garmenting is also being done in Surat.

Chamber’s Group Chairman Amish Shah prepared the program outline. The Chamber’s Consulate Liaison/International Business Delegation Committee Chairman Harshal Bhagat conducted the entire session. In the end, the Honorary Treasurer of the Chamber, Bhavesh Gadhia, concluded the session by expressing gratitude for the survey.

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