Home / Knowledge / News / Apparel/Garments / Garment unit closure to leave 300 workers in lurch
Garment unit closure to leave 300 workers in lurch
May '09
One of the biggest apparel manufacturer cum exporter is all set to wind up operations in the country due to the global recessionary crisis leading to a paucity of orders to keep its garment unit in operation.

The company, Minatex, which has its head office in Hong Kong is located in the Autonomous Region in Muslim Mindanao (ARMM) and was set up around 20 years back and supplies garments to big retailers in the American continent.

This action of the company will lead to the last of the 300 workers losing their jobs if the company does not receive new orders in the next few fortnights. The company was providing employment to nearly 1,600 workers of which 1,300 have been retrenched last year.

Minatex is a supplier of clothing to well known American brands like GAP, Timberland and Arrow. According to a company official production orders have shifted to China due to the cost competitive pricing quoted by the Chinese garment manufacturers.

The apparel manufacturing company has manufacturing orders for running the unit till June in hand, after which if does not receive any new orders, will be compelled to shut down operations, leaving nearly 300 workers in the lurch.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler

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...

Sonam & Paras Modi

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

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


Browse Our Archives


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