Home / Knowledge / News / Textiles / Slowdown in growth of revenues from textile & garment sector
Slowdown in growth of revenues from textile & garment sector
Oct '08
From January to August this year, large-scale textile enterprises realized total revenues of Yuan 2.09 trillion and total profits of Yuan 72.66 billion, representing a year-on-year growth of 15.34 percent and 5.34 percent, respectively, their lowest growth levels since 2002.

Amongst them, apparel industry realized revenues of Yuan 523.2 billion with total profits of 21.12 billion, indicating a year-on-year growth of 18.4 percent and 11.03 percent, respectively.

Textile industry achieved revenue of Yuan 1.31 trillion and total profits of Yuan 46.83 billion, representing a year-on-year growth of 16.47 percent and 13.7 percent, respectively.

Revenues from the chemical fibre industry touched Yuan 265 billion with total profits amounting to Yuan 4.713 billion, up 4.93 percent in revenue, but a year-on-year decline of 46.2 percent in total profits.

Future industrial growth is expected to decline due to slowdown in domestic and export sales.

Fibre2fashion News Desk - China

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Wendell Rodricks
Wendell Rodricks

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

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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