India boosts chemicals and cosmetics exports to Vietnam
(VOV) - Indian businesses considers Vietnam a potential import market of their dye and basic chemicals, said S. G. Bharadi, the Acting Executive Director of the Indian Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council (CHEMEXCIL).
Exports of these products to Vietnam rose 5.85% to US$114.02 million in 2014 and 2015, according to CHEMEXCIL.
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Bharadi led an Indian business delegation, comprising 50 businesses, to Vietnam to attend a trade exchange and a chemicals and cosmetics exhibition in HCM City on January 7-8.
The activity is part of the Indian Government’s program to seek opportunities to speed up exports of chemicals, dye and cosmetics to other countries and attract multinational companies, including Vietnamese investors, to set up global production centres in India, said Bharadi.