Home / Knowledge / News / Textiles / Challenge for Argentine textile is to grow at 8%: Minister
Challenge for Argentine textile is to grow at 8%: Minister
18
Jan '14
Ms. Giorgi (R) with textile sector leaders
Ms. Giorgi (R) with textile sector leaders
The challenge for the textile sector of Argentina is to increase production at a rate of 8 percent per annum, while generating jobs, said Argentine Minister of Industry Debora Giorgi after a meeting between textile industry representatives and Government officials at the Casa Rosada (the office of Argentine President, also known as House of the Government.
 
The Minister of Industry said the Government needs to provide the textile sector with tools such as funding through soft loans, bicentennial credits and also establish an inter-ministerial review unit for export duties and refunds in each link, in order to encourage exports and value-addition in the textile sector of the country, an official press release states.
 
The Minister stressed on the importance of the textile sector of the country which employs around 120,000 workers, and explained that the Government has to defend the industry from unfair competition through creating a domestic market for the sector as well as analyzing and improving the administration of trade.
 
The Government is fully committed towards the goal of increasing production rate of the sector to 8 percent per annum, and generating around 25,000 new jobs within the next two years, she added.
 
Ms. Giorgi said the meeting was a part of the initiative of Argentine President Cristina Fernandez de Kirchner, of interacting with representatives of production centers and analyzing their value chains, understanding their problems and target goal-oriented production, investments, along with generating jobs, increasing competitiveness and maintaining affordable prices.
 
The meeting saw participation from Governor of Argentine province Chaco Jorge Capitanich, Commerce Secretary Augusto Costa, as well as other Government officials. Textile industry representatives included director of Foundation of Weaving (PRO KNIT) Marco Meloni, Argentina Chamber of Industrial Clothing president Larumbe Oscar Perez, general manager of the Argentina Federation of Textile Industries Marcelo Arabolaza and more.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Giorgio Mantovani
Corman S.p.A

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

Kevin Nelson
TissueGen

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
January 2017

January 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