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New garment factories come up, but orders falter
25
Oct '10
As many as 20 new garment factories have been established in the Kingdom during the January to September period this year, but labour strikes have lead to a considerable fall in the orders.

Though buyers were placing repeat orders with the Cambodian factories, but some of the buyers were petrified to place their orders, owing to repetitive strikes since September.

Each of the 20 newly established factories is believed to be employing around 300 to 500 workers, however the employment ratio is expected to go higher, following the rise in production.

However, some of the factories even closed down during the period under consideration.

Also no new garment factories have been opened so far this month, as the prospective investors were waiting to observe the industry performance and scenario after the workers' strike.

Fibre2fashion News Desk - India


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