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Textile industry in UAE second largest after oil - Expert
18 Aug '14
2 min read
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.
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
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