Home / Knowledge / News / Textiles / Asian textiles enjoy global competitive advantage
Asian textiles enjoy global competitive advantage
14
May '09
Textile trade plays an integral part in manipulating the economic output of many countries. It generates employment opportunities for 40 million people worldwide; and is one of the two most dynamic sectors in the world for the past two decades (the other one being electrical and electronic goods).

Proliferation of trade agreements, market consolidation has become a growing trend. Global clothing trade has seen an ever increasing pace during the past decade. Observing the demand and supply trends, industry analysts predict that by 2010 world consumption of textiles will exceed 127 billion tons.

After the termination of ATC (Agreement in Textiles and Clothing), textile and apparel production shifted to countries that posses a competitive advantage over the others.

Availability of abundant and cheap labor in developing countries in Asia carries a natural advantage and is expected to bring in higher levels of production. Simultaneously, this will also lead to increase in the textile imports of developed countries that lack comparative advantage in textiles.

Click here to read the complete article.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Rajiv Sirohi
Shara

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

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Suresh Patel
Sidwin Fabric

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ritu Kumar
Label Ritu Kumar

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search