Home / Knowledge / News / Textiles / Textile industry can boost South African economy: Minister
Textile industry can boost South African economy: Minister
27
Feb '17
The textile industry is one of the most strategic platforms through which South Africa can bolster trade of its local products, Jeff Radebe, minister for planning, monitoring and evaluation, has said. The textile manufacturing industry is an ideal model for sustainable entrepreneurship as it encourages productivity, hard work and self-reliance.
 
The minister was addressing the launch of Ivili Loboya Textile in Rosebank, Johannesburg. Ivili Loboya, which is Africa’s first cashmere fabric manufacturer, was first established in 2015 as a wool processing hub in Ibika village in Butterworth, Eastern Cape.
 
Radebe said the establishment of Ivili Textile is a very important milestone in efforts to transform the economic landscape of South Africa.
 
“It is the culmination of many years of hard work towards the establishment of this ground breaking initiative in the textile industry… These are quality niche wools sourced from different South African sheep breeds with local cotton and wild silk from the North West province.
 
“It is inspiring to note that the launch of this initiative will also mark the signing of an agency agreement with an Italian retailer, an initiative that will expand your markets to Europe. 
 
“I believe that a project of this nature has great potential to contribute significantly both to the development of an inclusive economy as well as in employment creation,” the South African government news agency quoted the minister as saying.
 
“You do not need to win a tender in order to be successful in this industry. The growth of your business is dependent on your productivity. These are the kinds of initiatives that add meaningful value in changing the current socio-economic conditions of the people of South Africa,” added Radebe.
 
Initiatives like Ivili Loboya Textile are a very important intervention in bolstering rural economies and addressing some of the country’s national imperatives. The minister commended Ivili Textiles for its strategic focus of promoting women participation, improving productivity through agronomic and development skills, as well as promoting entrepreneurship, thus contributing directly to the objectives of the National Development Plan. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Top 15 US fashion brands are collectively worth $70 bn

Fashion | On 22nd Jul 2018

Top 15 US fashion brands are collectively worth $70 bn

The top 15 American fashion brands are collectively worth close to...

Courtesy: Covestro

Textiles | On 22nd Jul 2018

Covestro's new products for waterproof textile coating

Covestro, which is among the largest polymer companies, has unveiled...

Evogene, IMAmt to work together in insect resistance

Textiles | On 22nd Jul 2018

Evogene, IMAmt to work together in insect resistance

Evogene, a leading biotechnology company developing novel products...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search