Home / Knowledge / News / Textiles / Turkmenistan seeks investments in textile industry
Turkmenistan seeks investments in textile industry
Jul '15
President Gurbanguly Berdimuhammadov of Turkmenistan has said that the main purpose of restructuring in the textile industry is to increase the manufacturing of competitive products and attract investments, according to the country’s national television channel.

The issues of development of the textile industry were discussed during the last meeting of the Cabinet of Ministers, the channel said.

Turkmenistan traditionally grows cotton, which serves as a basis for developing the textile industry. In 2014, the annual turnover of the textile industry was about $400 million.

Tens of textile enterprises worth over $1.6 billion have been built in Turkmenistan throughout the years of independence.

The major part of the products is exported to the US, Canada, Germany, UK, Russia, Italy, Turkey, China, and Ukraine. Companies such as Puma, Bershka, Nautika, Sara Lee, Casual Wear, Wal-Mart, Miss Erica, Vespolino, JC Penney and others are among the customers of finished goods.

Turkmenistan produces up to 177,000 metric tons of different yarns annually, 186 million square meters of various cotton fabrics, 11,000 metric tons of various kinds of knitted fabrics, 7,200 metric tons of terry fabrics and 80 million pieces of knitwear and garments. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Courtesy: Commonwealth Bank of Australia

Textiles | On 25th Oct 2016

World’s first cotton shipment using Skuchain’s Brackets

The world’s first trade transaction involving shipment of cotton...

Textiles | On 25th Oct 2016

Cotton yield to increase to 568.29 kg/ha in 2016-17: CAB

At its first meeting for the cotton season 2016-17, the Cotton...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Giorgio Mantovani
Corman S.p.A

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

Judy Frater
Somaiya Kala Vidya

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

Ritu Kumar
Label Ritu Kumar

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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