Home / Knowledge / News / Textiles / Ecuador plans 8% growth in textile & garment industry
Ecuador plans 8% growth in textile & garment industry
Dec '11
The Government of Ecuador intends to strengthen the country's textile and garment industry by implementing a special plan to improve competitiveness of the industry, Santiago Leon, the Minister for Industry said.

Inaugurating a seminar on "The Textile and Clothing Sector in Ecuador: Macroeconomic Analysis", the Minister said the textile and garment sector provides direct employment to over 127,000 people in the country, of which, 73 percent are in urban areas and the remaining 27 percent are in rural areas.

The Minister informed that the country's textile and garment sector has grown at an average of around 1.14 percent during 2005-10.

He said the textile industry is expected to contribute 5.8 percent to the Ecuadorian economy by 2011-end.

Under the current plan to improve competitiveness, which includes strengthening the public-private dialogue process, the aim is to increase productivity of textile and garment industries by 8 percent over the next four-year period, according to the Minister.

He said the 8 percent growth will meet the increasing domestic demand in recent years.

The current plan will boost research at Innovacentro, the Ecuadorian innovation centre, in application and adoption of new technologies in production and business services. It will also allow the development of textile and garment value chain in regions where those industries are located.

Innovacentro is involved in research and development for the design and manufacturing of textiles. The centre promotes a continuous process of research for enhancing productivity, competitiveness and structural adjustment.

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

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search