Last fiscal, Myanmar earned $627 million from its CMP garment exports, and this fiscal its earnings has already crossed $1.4 billion, Myanmar media said quoting permanent secretary of the commerce ministry, Khin Maung Lwin.
Myanmar's CMP garment industry includes the manufacturing of shoes, garment and bags. The CMP system is being practiced since last 20 years in the country.
Though there are over 100 garment factories in Myanmar employing about 400,000 workers, these units are yet to adopt complete manufacturing from start to finish. (RKS)
Fibre2Fashion News Desk – India
| On 26th Jun 2022
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