;
Home / Knowledge / News / Textiles / Associations unite to promote mega textile production projects
Associations unite to promote mega textile production projects
27
Aug '08
With the foremost objective of promoting the textile industry of Taiwan, the Ministry of Economic Affairs (MOEA) has integrated resources of its three primary subsidiaries namely –Industrial Technology Department, Industrial Development Bureau and the Bureau of Foreign Trade.

This strategy aims to help the textile manufacturers with their prospective investment projects as well as generate NT $300 billion in production value by 2015. As part of the strategy, the Taiwan Textile Research Institute (TTRI), the Society of RP/C ROC, and Taiwan Technical Textile Association (TTTA) recently inked an alliance agreement for building cooperation to share resources and R&D.

Official sources from TTRI informed Fibre2fashion that, “the coming together of these three major entities is essentially backed by the aim to expand markets not only for fiber textiles but also for fashion and technical textiles.” It was also reported that the project's mission is to lead the textile industry into creating 'Taiwan brand' and producing value added textile products. This would invariably involve expertise in designing promotion programs for which training will also be imparted.

The textile industry of Taiwan which started developing fiber textiles in 1974, has come a long way since then, and today it has evolved as a knowledge and capital intensive sector, generating more than 3000,000 tons of fiber products annually with a production value of over NT $30 billion. Electronics- class fibre in particular has become quite popular in the past few years and is growing at an exceptional rate.

The average output value of the industrial-use textile reached NT $60 billion about four years back and the figures are anticipated to increase to NT $90 billion this year. Besides, in order to give a boost to the textile production value, the newly formed alliance has plans to focus on upgrading technology so as to create a diversified range of value-added goods. Among the few new items listed, demand for the reinforced light-weight fiber cloths that can be used in industrial and building materials is believed to be the most enthralling.

The alliance will very soon invite 25 manufacturers as members with the hope that each of them would generate additional output worth NT$4 billion by 2015.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Kai Pilger from Pexels

Textiles | On 11th Dec 2018

India's textile-apparel exports fell slightly in H1 FY19

India’s overall textile and apparel exports in H1 FY19 stood at $18.4 ...

Courtesy: Alizilla

Textiles | On 11th Dec 2018

Belgium, Alibaba promote inclusive global trade under eWTP

The Belgian Government and China’s Alibaba Group recently announced...

Vietnamese garment firms plan to boost exports to Canada

Apparel/Garments | On 11th Dec 2018

Vietnamese garment firms plan to boost exports to Canada

As Vietnam is yet to sign a free trade agreement with Canada, so the...

Interviews View All

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Amardeep Singh, Orient Craft

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Dinaz Madhukar, DLF Emporio and DLF Promenade

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Pratik Agarwal,

Pratik Agarwal

Breya is a brand of Indo-Western clothes for women owned by ABP Apparels...

Hardik Sanghvi,

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Justin Gutierrez, INDA

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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


December 2018

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

news category


Related Categories:

Advanced Search