Home / Knowledge / News / Textiles / TCF industry must focus on marketing & promotion activities
TCF industry must focus on marketing & promotion activities
05
Nov '08
The Textile Clothing and Footwear (TCF) industry is still considered as very significant contributor to Fiji economy. About 5000 workers are employed with export revenues of FJ $100 million annually. The work standards in the industry have improved dramatically over the past decade. However, today it faces some of the most challenging times since the 2000 coup.

Australia and New Zealand are the main export markets for Fiji's TCF industry. The financial crisis facing the world has already had an impact on these economies. All businesses are bracing for the tough times and are holding off decision making. Investment will reduce significantly.

Observing the current scenario, experts say that coming budget must prioritize on job creation and retention.

In an exclusive interview with Fibre2fashion, Mr Kalpesh Solanki, owner of Ranjit Industries, discussed few of the policies Fijian Government should focus on while announcing the budget for the coming year for retaining and creating jobs for benefiting Textile and Clothing Industry.

Mr Kalpesh Solanki told,"Government should create a Think Tank group to establish Productivity Index for the industry. This Productivity Index should be the basis to work out productivity improvement targets, wage increases, etc. Give 8 or 10 year tax free status to existing & new investors subject to minimum jobs created, say 100 people and/or investment level say FJ $500,000. Allocate funds for the TCF industry to marketing & promotion activities in export markets such as Australia, New Zealand, and USA. Establish Export insurance service underwritten by government. Allocate funds to bring in experts to train & improve human resource development services for the TCF industry.”

While discussing how Fiji's reliance on imports can be reduced, Mr Solanki stated, “Fiji imports too many goods and service that can be grown or produced locally. This list includes textiles and garments as well. An independent study should be undertaken to determine which of the imported items can be grown or produced locally. Based on findings of this study, the government should establish a 'High Priority Import Substitute' list and offer incentives to those who make investments on these items. Incentives can be tax holidays, government support in marketing and business development, etc.”

Mr solanki further shows his concern saying, “New Zealand has been in recession for almost a year now while Australia is predicted to follow suit by Christmas 2008.

“Thousands of jobs in Australia have already been lost in past few months and predictions are that tens of thousands more jobs are expected to be lost within next 3 months. All businesses are bracing for the tough times and are holding off decision making. Investment will reduce significantly.”

Presently consumer demand is severely reduced especially on non-essential goods such as clothing & footwear having a huge impact on department stores and retailers. TCF goods sales in Australia have reduced by almost 9 percent and further reduction is expected. USA imports of TCF goods from China have declined by over 8 percent in past 2 months. As a result, factories in China will have excess capacity which is very likely to be offered to Fiji's clients in Australia & NZ at a discounted rate.


Must ReadView All

Building of Ethiopian textile unit by Chinese firm starts

Textiles | On 22nd Jan 2018

Building of Ethiopian textile unit by Chinese firm starts

Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in...

JD.com to invest $3.1 bn to revive industry in NE China

Apparel/Garments | On 22nd Jan 2018

JD.com to invest $3.1 bn to revive industry in NE China

To back the government’s campaign to revitalize the traditional...

SIMA makes pre-budget recommendations to Indian govt

Textiles | On 22nd Jan 2018

SIMA makes pre-budget recommendations to Indian govt

Exemption of 5 per cent goods and services tax (GST) on raw cotton,...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ashok Desai
Bombay Textile Research Association

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Jay Ramrakhiani
Occasions Elegance Wear

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

Aditi Somani
Aditi Somani

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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

January 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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

Yes No

Active Poll

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

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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

Active Poll

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

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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