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

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Apparel/Garments | On 18th Nov 2017

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Sri Lanka’s apparel exports from January to September 2017 has...

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Apparel/Garments | On 18th Nov 2017

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Bangladesh Prime Minister Sheikh Hasina has said two more leather...

ASEAN, Hong Kong sign free trade agreement

Textiles | On 18th Nov 2017

ASEAN, Hong Kong sign free trade agreement

The Association of Southeast Asian Nations (ASEAN) and Hong Kong...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Mohammad Hassan
Biax Fiberfilm

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

Eamonn Tighe
Nature Works LLC

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

Eric Scholler
Groz-Beckert

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

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

November 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
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

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
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

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
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

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
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


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