Home / Knowledge / News / Apparel/Garments / Russian outdoor sector seeks foreign investments
Russian outdoor sector seeks foreign investments
21
Jul '15
The Russian outdoor apparel and garment industry is trying for foreign investment in the sector. Representatives of the official Russian delegation at OutDoor, Europe’s leading trade fair for the outdoor sector in Friedrichshafen, Germany and leaders of the European Outdoor Group (EOG) discussed new opportunities for mutually beneficial cooperation, according to a Russian media report.

Viktor Evtukhov, Russian deputy minister of industry and trade, who met Mark Held, EOG general secretary, pointed out that Russia had a very strong industrial base, high-tech equipment, and highly qualified specialists, and the country was interested in securing of orders from major brands. Evtukhov said this would also be beneficial for the companies themselves because the ruble’s depreciation means the cost of products made in Russia has dropped considerably.

The report said that Russia’s participation at ‘Outdoor 2015’ is an important step towards integration of the country’s light industry market into the world economy. The Russian economy is interested in foreign investments in the domestic outdoor business. Russia was called a growth leader a year ago at ‘Outdoor 2014’.

The Russian delegation at Friedrichshafen also met representatives of YKK, Adidas, and Gore. They discussed new opportunities to expand cooperation between the Western companies and their Russian partners, the report said. For Russia, this would mean extra revenues, capacity utilization and upgradation, more jobs, and production localization, the report said. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Turkish-Algerian JV to set up textile unit in Relizane

Textiles | On 17th Jan 2018

Turkish-Algerian JV to set up textile unit in Relizane

Construction of one of Africa's largest textile production...

Courtesy: Indorama Ventures

Textiles | On 17th Jan 2018

IVL, Huvis to enter JV for Low Melting Fibre plant in US

Indorama Ventures Limited (IVL), a global chemical producer, and...

Future Group to set up garment manufacturing in Bengal

Apparel/Garments | On 17th Jan 2018

Future Group to set up garment manufacturing in Bengal

Kishore Biyani-led Future Group is going to set up a garment...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

January 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.8%
No
13.5%
Skip
17.7%

Total Votes: 96

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.5%
No
29.2%
Skip
7.3%

Total Votes: 96

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.5%
No
9.4%
Skip
3.1%

Total Votes: 96

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.3%
No
8.3%
Skip
9.4%

Total Votes: 96


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search