Home / Knowledge / News / Apparel/Garments / Chengzhou to be a world necktie manufacturing hub
Chengzhou to be a world necktie manufacturing hub
12
May '08
Its time for Korean enterprises, to invest once again in Chengzhou City, Zhejiang Province which is gradually becoming popular for its necktie industry.

So far, the region has housed about 30 Korean investment enterprises of which nearly 26 firms deal with industries relating to neckties. The total registered funds are US $48.05 million while the actual foreign investments amount to $6.975 million.

As many as 13 enterprises in the region are fully owned and managed by Korea which was once known as the center of global necktie industry. However, now, the focus has been shifted to Chengzhou City which is emerging as one of the most important necktie manufacturing base in the world.

Local Government of the City has adopted a new policy to maintain friendly relation with enterprises in Korean cities to further promote and diversify the domestic necktie industry.

Korea in its turn is generating considerable profits from its sales in China as some of the major markets in the country are flooded with Korean neckties.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Eric Scholler
Groz-Beckert

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X