Home / Knowledge / News / Textiles / Textile Vs Automotive – tug of war for No. 1 spot

Textile Vs Automotive – tug of war for No. 1 spot

18
Jun '07
Automotive industry is one of the rapidly developing sectors in Turkey. It employs 240.000 people, according to OSD. About 40,000 workers are involved in the 17 vehicles-manufacturing plants and another 200,000 in 900 supplier plants. Recently, it overthrew textile as the top growing industry.

Engin Maybek Specialist in Automotive sector from Uludag Exporters' Association told Fibre2fashion, qualified, motivated and entrepreneurial workforce has created peaceful working environment in the industry, inturn boosting growth. Increasing FDIs, high technology and huge export potential also add to the development.

As for textile companies that have diversified to automotive sector, he said, “This topic needs to be researched, but the textile export rises from year to year, so we can say that there is no considerable diversion from textile to automotive.”

He confirmed the textile export had surged 22 percent in January-April 2007 as compared to the same period in 2006 when it grossed US $1.7 billion.

Maybek informed, “Textile export in 2006 reached $5.6 billion and that for May 2007 stood at $562,4 million. For January-May 2007 period textile export earned $2,6 billion. By April 2007 industry scored $2.1 billion.”

Fibre2fashion, News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 23rd Sep 2021

Global economic recovery continues but remains uneven: OECD

The global economy is growing far more strongly than anticipated a...

Pic: Shutterstock

Textiles | On 23rd Sep 2021

President Biden plays down probability of US-UK trade deal

US President Joe Biden has played down the chances of a post-Brexit...

Pic: Shutterstock

Textiles | On 23rd Sep 2021

ADB revises down Cambodia’s growth forecast, sees rebound in 2022

Cambodia’s economy is projected to grow by 1.9 per cent this year...

Interviews View All

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Yawer Ali Shah,

Yawer Ali Shah

Synthetic colours and dyes were all the rage till the very first ban on...

Aashumi Mahajan,

Aashumi Mahajan

The Luxe Maison is a premiere haute couture e-boutique established after...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

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


September 2021

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


Advanced Search