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

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 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Marcel Alberts
Eurofibers

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

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