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Companies across whole value chain able to withstand downturn
20
Mar '09
According to experts from the Taiwanese textile and garment industry, only those companies who have changed the pattern of their operational working style in the last few are able to stand up to the continuous changes in the economic environment.

In the last decade, enterprises who started off as just spinning or weaving units, but who gradually grew by adding value to their final product or built brands with passing periods are able to build stable businesses and in a position to withstand all pressures.

Experts aver that, with each value addition and creating brands adds more profits to the balance sheet of the company and also helps in the current depressing times in which the company is able to provide products across the whole value chain.

Fibre2fashion News Desk - China

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