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Labour scarcity makes clothing sector wary
22
Oct '10
In spite of the fact that Bulgarian textile industry is the largest in Balkans, declining exports and dearth of workers have raised the concerns about the future of the industry.

As of now, the sector with around 5,400 firms, including 4,700 apparel units, employs 113,260 workers, which constitutes five percent of the overall employee strength of Bulgaria.

The sector's exports to German, Italian and Greek markets started declining since 2007, when it employed 162,789 workers; however it has begun to recuperate since March 2010.

The experts here opine that the sector is an urgent need of another 25,000 to 30,000 workers. Further that, in spite of widespread unemployment in the country, it is getting difficult to get hold of new workers, for the reason that, youngsters now prefer to take up a comparatively less demanding job in an office or a shop.

The Bulgarian Government is underrating the socio-economic worth and potential of the sector, an expert said.

The proximity of Bulgaria appeals to European buyers. Presently, almost 50 percent of the companies are paying wages above €200 per month, but then while considering the Bulgarian minimum wage of €0.06-0.08 per minute; these wages seem to be quite reasonable.

Fibre2fashion News Desk - India

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