'TCF sectors have a strong future' – Mr Carr, Industry Minister
Mr Kim Carr, Minister of Industry
The Industry Minister Mr Kim Carr renewed the commitment of the government towards the manufacturing sector in Australia and believed that manufacturing had a great future and was still viable in spite of some recent closures and lay-offs.
He said, “There is no difference of opinion on the subject of importance of manufacturing and it is the basis of a healthy economy, but, we have to be careful about what we do, where we do and under what terms we do it”.
“We cannot compete with China, India or Bangladesh in every aspect of manufacturing, but there are many positive aspects about the manufacturing sector which are well placed and will continue to be well placed”, he added.
Speaking about the textile and clothing industry, he said, “I am of the view that the textile, clothing and footwear sector has a very strong future considering that there are still 6,000 companies operating in Australia”.
He continued by saying, "Pacific Brand's position does not reflect that of the industry at large and is an internal matter of the company and I think their decision has to be seen in that context rather than a comment on the future of the industry itself."
Speaking about an impending legislation to do with environmental and emission rules, impacting the manufacturing sector, he said, “The proposals in terms of climate change measures that we're taking, provide new opportunities and not threats".
Fibre2fashion News Desk - India
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