Home / Knowledge / News / Apparel/Garments / Clothing sector welcomes new policy initiatives
Clothing sector welcomes new policy initiatives
19
Feb '10
South Africa's new Industrial Policy is projected to create around 2.5 million jobs over the next decade by boosting production, inviting new investments and also by protecting, local manufacturing units.

The textile and automotive sectors have been major beneficiaries of the new policy since they are two critical job generating sectors. The government has extended support of R1.8 billion spread over three years to these two sectors.

Reacting to the new policy initiatives, a spokesperson of Apparel Manufacturers of SA, Johann Baard said they had hoped for more, but more important was the fact that the policy gave a certainty and enabled businesses to plan for the future.

Andre Kriel, General Secretary of South African Clothing and Textile Workers Union (SACTWU) welcomed the allocation by saying, “We look forward to working with the Government as to how this allocation will be spent rapidly and as efficiently as possible."

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Eamonn Tighe
Nature Works LLC

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search