New Delhi, Jan. 27 -- The Southern India Mills' Association (SIMA) on Tuesday hailed the historic India-European Union Free Trade Agreement (FTA), terming it a landmark achievement and a game changer for the Indian textile and clothing industry.

In a press release issued, SIMA Chairman Durai Palanisamy appreciated Prime Minister Narendra Modi and Union Commerce Minister Piyush Goyal for their leadership in bringing the agreement to fruition.

He said, "The India-EU Free Trade Agreement would provide a significant boost to the Indian textile and clothing industry, with the ready-made garments, home textiles, technical textiles, and fabrics segments emerging as the major beneficiaries."

Highlighting India's textile exports, he added, "Ind...