A three-phase project embarked on by Taiwan’s Ministry of Economic Affairs for promotion of domestic textile and apparel industries has started reaping results.
A three-phase project embarked on by Taiwan's Ministry of Economic Affairs for promotion of domestic textile and apparel industries has #
In its first and second stages from 2009 to this year, the project drew NT$ 62.6 billion or US$ 2.09 billion worth of investments in textile industry, leading to a rise in the industry’s output value from 2008’s NT$ 446.7 billion to NT$ 500.8 billion in 2011.
A three-phase project embarked on by Taiwan's Ministry of Economic Affairs for promotion of domestic textile and apparel industries has #
In the third phase of the project, the Ministry set up four design and sample centres over a year. Till now, the textile and apparel industry has received direct investments worth NT$ 280 million and other related investments worth NT$ 800 million under this stage.
A three-phase project embarked on by Taiwan's Ministry of Economic Affairs for promotion of domestic textile and apparel industries has #
The four centres, which include a socks making centre in Chunghwa County, a towel making unit in Yunlin County and an apparel producing unit in Taipei City, help domestic firms with designing their products and to test the market.
A three-phase project embarked on by Taiwan's Ministry of Economic Affairs for promotion of domestic textile and apparel industries has #
The said project has also inspired the local textile and apparel firms to develop their personalized brands and sales network.
A three-phase project embarked on by Taiwan's Ministry of Economic Affairs for promotion of domestic textile and apparel industries has #
Pursuant to the project, the Ministry is hopeful that the domestic textile and apparel industry would develop five international brands, generating revenues of NT$ 2 billion per annum.
A three-phase project embarked on by Taiwan's Ministry of Economic Affairs for promotion of domestic textile and apparel industries has #
Fibre2fashion News Desk - India