Home / Knowledge / News / Textiles / Textile industry in UAE second largest after oil - Expert
Textile industry in UAE second largest after oil - Expert
18
Aug '14
Believe it or not? The UAE textile and garment industry is not only the second largest after oil, but is also one of the biggest employers in UAE, according to a UAE based expert.

According to Midhat Ghazaleh, CEO of Abughazaleh Trading Company (ABCO), UAE exports to more than 50 countries in Africa, the Middle East, South Asia and Europe, while it imports mainly from China, India, South Korea, Japan and Indonesia, the Zawya reported.

The textile industry occupies an important place in the UAE economy as a whole and particularly in Dubai, because of its contribution to the industrial output, employment generation and foreign exchange earnings, adds Abu Ghazaleh.

Abu Ghazaleh said, “Home-grown garment brands were gaining greater popularity in the local market and abroad, but more aggressive marketing programs were needed to promote the country as a high quality clothes producer and incentivize key players in the industry.”

He added that homegrown luxury brands were in high demand from brand conscious male consumers with high purchasing power and that UAE was strongly poised to be one of the world's major textile and apparel markets.

He informs, "The UAE textile industry has a diversified product portfolio and some of the textile products produced in UAE include car seats, tents and curtains, in addition to garments.”

According to him, knitted fabrics are most in demand accounting for around 49.7% of demand, followed by woven fabrics.

“UAE is also reputed for exports of garments, fabrics for which are imported in bulk from China and India and the UAE textile industry foresees good profitability in import of textiles and textile articles and then re-exporting them”, he said.

Fibre2fashion News Desk - India


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Giorgio Mantovani
Corman S.p.A

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

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

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

July 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

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

Yes No

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

Yes No

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


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



X