Home / Knowledge / News / Textiles / Jiangxi textile industry plans ambitious expansion
Jiangxi textile industry plans ambitious expansion
12
Apr '11
The textile industry of Jiangxi province is on path of an ambitious expansion in 2011. It has set a target of 28 percent increase in the main business income of its large-scale enterprises. As per the target, textile enterprises above designated size will realize main business income to reach 108 billion Yuan in 2011.

Not only that, the textile industry will try to achieve industrial added value worth 26.0 billion Yuan, an increase of 24 percent in the year. They have set a target of 78 billion Yuan as profits., up 26 percent compared to the last year.

As per projections, 30 key enterprises will try to achieve annual revenue of 26 billion Yuan from the main business. They will work hard to create 3-5 famous new brands within the province. In addition to that, four provincial-level textile and garment industries have set a target of 38 billion Yuan from the main business.

To achieve the goal, Jiangxi province will provide all the support to key textile enterprises. It will provide all the resources to preponderant enterprises. In addition to that, the provincial government will cultivate a number of original brands with establishment of numerous industrial bases.

It has planned number of key projects as well as industrial parks with special characteristics. It will conduct a tracking service of over 10 selected key projects with investment of more than 500 million Yuan.

Overall 20 key industrial parks from the existing 41 textile-based industrial parks, will be selected for receiving system guidance.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Poojaa Kumar Deepak
Zeven

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

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Asim Dalal
Indo Count Retail Ventures

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

Giorgio Mantovani
Corman S.p.A

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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