According to A. Sakthivel, Chairman of the Apparel Export Promotion Council under the Ministry of Textiles of India, garment and textile sector makes up more than 2% to the country’s gross domestic product (GDP).The sector has created jobs for more than 45 million labourers and made up 15% of the country’s total export revenue in the 2018-2019 fiscal year, he noted, pointing out that the garment-textile market of India is estimated to worth US$100 billion in the 2018-2019 fiscal year.For his part, Bui Trong Thoan from the Vietnam’s Association of Foreign-Invested Enterprises said that Vietnam has been a bright spot in the gloomy global economy, and among the few countries posting positive growth in 2020 with economic expansion of 2.91%, total import-export revenue of US$543.9 billion and trade surplus of US$19.1 billion.Meanwhile, Pham Minh Huong, former Managing Director of the Vietnam Garment and Textile Group (Vinatex), noted that Vietnam is the current third largest garment-textile exporter in the world after China and India.As of the end of December 2020, export revenue of the product had hit US$34 billion, down 14% year on year, marking the first year of reduction after decades of growth of about 10-15%.However, in 2021, the sector is projected to enjoy a 9-15% rise in export, she stated.Over the years, India has been a supplier of materials for garment-textile firms in Vietnam, providing 7% of total imported materials to Vietnam in the first 11 months of this year.