Home / Knowledge / News / Textiles / Ghana's textile companies face closure
Ghana's textile companies face closure
31
May '16
Textile manufacturing companies in Ghana may soon be wiped out altogether. And political interference that has scuttled a taskforce commissioned by the government to check the influx of cheap pirated textiles into the country, would largely be responsible for such an eventuality, The Weekend Finder has reported.

According to the newspaper, the scuttling of the task force has meant that designs of the local textile manufacturers continue to be pirated and imported into the country, with the fake ones crowding the originals out of the market.

The paper said that Ghana's local textile manufacturers are planning another lay off as the industry continues to collapse in the country.

The manufacturers say that they are not against the import or manufacturing of quality wax prints in the country but are only concerned about the imitation of their trademarks and logos.

A market survey conducted by Weekend Finder indicated that the pirated textiles have virtually taken over the textile market in the central business district of the capital.

The pirated designs are conspicuously displayed in textile shops and sells at almost half the price of the original.

A pirated Printex fabric, for example, sells for 25 cedi ($6.43) while the original sells at 45 cedi ($12 approx).

Agnes, a textiles dealer at the Makola Market, lamented the influx of pirated textiles was collapsing their businesses as many Ghanaians patronise the cheap ones due to the harsh economic situation in the country.

She noted that the situation has compelled a lot of genuine textile dealers to also join the sale of counterfeit ones to shore up their sales.

“It will surprise you to know that when a new design comes to the market, it takes only a month for them to bring in the fake one,” she lamented.

She said strict checks at the ports of entry would be an effective way of stopping the influx of pirated goods into the market.

Ghana's textile industry has been reeling for sometime under high taxes and cheap pirated textiles from China. Over a period of time, the flood of pirated textiles has undermined various textile industries, forcing them to lay off workers, the report said. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Alibaba

Apparel/Garments | On 21st Feb 2017

Alibaba announces retail partnership with Bailian Group

Chinese e-commerce giant Alibaba Group has made another move in its...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Apparel/Garments | On 21st Feb 2017

Govt may free up retail FDI for domestic goods

Government may remove restrictions on retailers like Walmart and...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Nitin Bhatia
Trend Arrest

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

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

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

Sonam & Paras Modi
SVA

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

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search