Home / Knowledge / News / Textiles / Textile industry to implement multi-billon Yuan plans
Textile industry to implement multi-billon Yuan plans
Aug '08
After the launch of the Promotion & Development Office for the benefit of the Taiwan Textile Industry, three plans, each amounting to 100 billion NT Yuan, will be brought into action which includes – the plan to double industrial textiles, to develop and promote alliance of functional textiles and finally of Fashion Taiwan.

The office of Promotion & Development is expected to play a key role in these future projects and for implementing strategies and bringing about integrated coordination of the textile sector.

The plan to double industrial textiles will mainly integrate relevant associations, such as textiles associations, venture capital associations, composite materials associations and other related trade bodies. The P&D office is expected to guide the investment program of 80 billion NT Yuan by 2015, which will help the sector reach a targetted ouput of 180 billion NT Yuan.

Moreover, the plan to promote and develop alliance of functional textiles will combine 25 strategic alliances for development of new products, including functional materials.

Lastly, the plan of Fashion Taiwan will select eight targets for promotion and will take the responsibility to develop three international brands every year. It will offer business opportunities of about 100 billion NT Yuan in output value through integrated operation of marketing and brand promotion.

If these three outlined plans undergo successful execution, Taiwan textile industry would surely take a big leap and generate more revenue for further strengthening its textile industry and its competitive edge over other countries.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Judy Frater
Somaiya Kala Vidya

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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


news category

Related Categories:
July 2017

July 2017

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


Browse Our Archives


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