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Armenian knitwear, carpet production up in Jan-July'13
Sep '13
The Republic of Armenia, located in the South Caucasus region of Eurasia, has posted a surge in production of both knitted garments and carpets, during the first seven months of the current year, as per data from National Statistics Service.
From January to July 2013, Armenia produced 1,409 million pairs of knitted garments and hosiery, showing a rise of 37.7 percent year-on-year, Armenian news agency Armenpress reported.
Similarly, the production of carpets increased to 6.2 tons during the seven-month period, compared to production of 2.6 tons during the corresponding period of 2012.
Textiles was one of the 11 sectors identified by the Armenian Government in December 2011, as a part of its export-oriented industrial policy.
Subsequently, in 2012, Italian lingerie brand La Perla invested in Armenia.

Fibre2fashion News Desk - India

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