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Trade body demands more incentives for textile sector

05
May '09
Exports from the textiles and garment sector of Morocco in the first quarter of 2009 have fallen by 12.9 percent. 13,000 jobs have been lost, of which the economic crisis is responsible for around 10,000 lay-offs, claims the Morocco Textile and Clothing Industry Association (AMITH).

To put a stop to more job losses, AMITH is demanding that more companies be brought under the stimulus package formulated for the textile and garment industry, since the state is not providing the aid to all affected companies, but doing so on a selective basis and on basis of eligibility.

Experts from the sector say that, this selective way of providing incentives is bound to increase the job losses as many affected industries may not be eligible for the package from the government. The government on its part has assured of full help to the sector to survive the crisis.

Fibre2fashion News Desk - India


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