Home / Knowledge / News / Textiles / Brakes on galloping pace in negative growth of T&G exports
Brakes on galloping pace in negative growth of T&G exports
18
May '09
As with China and Vietnam, there has been a slowdown in negative growth of exports from the textile and garment sector of Indonesia in the first three months of 2009, when compared with the months of the last quarter of 2008.

While exports from the sector had fallen by 19 percent in the last quarter of 2008, when compared to the third quarter, it has fallen by just 3.47 percent in the first three months of 2009, when corresponded with last three months of 2009.

Though on a y-o-y basis, the drop was steep at 13.9 percent, with fabrics and threads suffering the most with a decline of 28.1 percent. But an increase in domestic demand saved the day for the sector.

Local demand grew by 25 percent y-o-y, of which domestically manufactured products accounted for 15 percent and the rest for by imported textiles and apparels, of which again T-shirts accounted for 50 percent of all imports.

Textile experts aver that it was only the strong growth in domestic demand that was also able to stave off rising number of job losses, which according to estimates has reached nearly 51,000 in the current year.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Judy Frater
Somaiya Kala Vidya

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

Robert Brunner
Devereux

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

Rupa Sood and Sharan Apparao
Nayaab

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search