Home / Knowledge / News / Textiles / Challenge for Argentine textile is to grow at 8%: Minister
Challenge for Argentine textile is to grow at 8%: Minister
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 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Textiles | On 24th Oct 2016

German technology to help in energy saving in textiles

German technology can play a major role making the environment...

Courtesy: Trupik

Apparel/Garments | On 24th Oct 2016

Virtual 3D fitting rooms revolutionising online shopping

Virtual fitting rooms meant to bridge the gap between e-commerce...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Victor Chao

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

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Eamonn Tighe
Nature Works LLC

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search