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Home textile exporters eye new markets
03
Jan '11
A textile exporter's body recently stated that, Turkey has already conquered significant heights as far as the quality and demand from the European markets is concerned and is now looking forward to grab hold of consumers from India, Russia and China.

The Uludag Textile Exporters Union, UTIB, even organized a press meeting to launch the first Home Textiles Design Awards, whereby it was revealed that, according to the current statistics, the country's overall exports for 2010 stood at $6.5 billion, with home textile exports contributing $3.2 billion to the same.

Country's search for newer markets in East Asian countries like India, China and Russia is greatly driven by the broadening horizons of its target markets.

Further, the demand for Turkish textile products started surging as customer's started appreciating its quality and exclusivity of their designs. Next to China, Turkey is the second biggest exporter of home textiles the world over, and is now eyeing to capture newly budding markets with its novel designs.

A year on year rise of 230 percent was recorded in Turkey's exports of textile products to China during 2010, whereas that to Russia grew by 40 percent. Marking this just as a beginning, the association stated that, they intend to export more textile products in 2011 so as to fulfil the budding markets' demands for luxury goods.

Fibre2fashion News Desk - India

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