Home / Knowledge / News / Textiles / Uzbekistan textile sector witnesses robust growth
Uzbekistan textile sector witnesses robust growth
18
Sep '12
Uzbekistan’s light industry, which includes the production of cotton fiber, cotton and silk fabrics, raw silk, ambary fiber, hosieries and socks, knitted and woven garments, carpets and rugs, etc., has seen robust development over the past two and a half years, with commissioning of several new textile enterprises in the industry.
 
According to the State Joint Stock Company Uzbeklegprom, about 43 enterprises worth US$ 390 million have been commissioned in the Uzbek Light Industry during 2010 to 2012. Meanwhile, another 23 investment projects worth around US$ 625 million are in the implementation stage.
 
Uzbekistan presently has a capacity to process 450,000 tons of raw cotton and produce 350,000 tons of cotton yarn, 65,000 tons of knitted fabric and 160 million square metres of cotton fabrics per annum.
 
In August this year, nine textile enterprises worth US$ 101 million and an overall annual production capacity of 15 million pieces of knitted garments, 24,500 tons of cotton yarn and 6.2 million pairs of hosiery, became operational, which will increase Uzbekistan’s export capacity to about US$ 126 million.
 
Uzbekistan aims to achieve a 20 percent hike in production and a 10 percent rise in export of textiles and garments by 2016. For this, it intends to raise its domestic cotton processing capacity from the existing 35 percent to 50 percent.
 
According to the industrial development program, the country looks forward to draw US$ 1.7 billion for implementation of 55 investment projects during 2011-2015.
 
As of 2011, the light industry accounted for 2.7 percent of Uzbekistan’s GDP, 26 percent of the country’s total industrial production, and 44 percent of all non-food items produced in the country.
 
The Uzbek light industry, embraces 282 firms, including 133 textile firms, 117 sewing and knitting units and 32 silk firms.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Top executives
Textile industry

The foremost issue is bridging the skill gap

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Marten Alkhagen
Swerea IVF AB

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

Kevin Nelson
TissueGen

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Madhu Jain
Madhu Jain

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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