>>
Home / Knowledge / News / Textiles / Provincial Govt allocates funds to save textile industry

Provincial Govt allocates funds to save textile industry

25
Jul '09
In order to rescue the clothing and textile industry of the province, the KweZulu-Natal government has set aside R70 million, informed an official at a budget presentation. This would help to save thousands of jobs in the province.

He added that to revive the clothing and textile sector of the province, a comprehensive strategy has been developed, which comprises access to markets, skill development, establishment of an integrated hub to service stakeholders.

It also includes the development of a funding model in order to help assist SMMEs to purchase raw materials and machinery. In order to rescue this labour-intensive sector, an amount of R30 million has been budgeted and more R40 million will be added to this during next two years.

Trade liberalization has impacted this sector drastically due to which cheap products are flooding the markets. This left thousands of people without jobs and the situation has augmented due to the current economic environment, added the official.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 26th Jan 2022

Vietnam-US trade hits $111.56 bn in 2021

Vietnam-US trade hit $111.56 billion in 2021, up by nearly $21...

Pic: Shutterstock

Textiles | On 26th Jan 2022

Turkey using less coal, hydropower; use of renewables, gas up: Ember

The use of coal and water for energy in Turkey reduced in 2021, while ...

Pic: Bangladesh Parliament Secretariat/Facebook

Apparel/Garments | On 26th Jan 2022

Trade Organisation Bill, 2022, introduced in Bangladesh parliament

The Trade Organisation Bill, 2022, aimed at allowing foreign traders...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Kishina Daruka and Mishika Daruka,

Kishina Daruka and Mishika Daruka

Headquartered in Kolkata, India, sustainable clothing brand Ora was...

Sarah Bellos,

Sarah Bellos

Stony Creek Colors was started in 2012 to build a new future for natural...

Dhiraj Shah,

Dhiraj Shah

The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), set...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

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

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Ritu Kumar, Label - Ritu Kumar

Ritu Kumar
Label - Ritu Kumar

<b>Ritu Kumar</b> is the most respected designerwear brand in India...

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

ESTEEMED CLIENTS

Huntsman (Singapore) Pte Ltd
Etam Group Strategy Hong Kong Limited
Esprit Europe Services GmbH
Arvind Limited
Gloria Jeans
OVS Hong Kong Sourcing Ltd.
PVH Corporation
Maceton Limited
LC Waikiki
G-Star Raw C.V.
Gap International Sourcing Limited
Lacoste (Wanchai)
Recron Polyester from Reliance Industries Limited
Alix Partners
Eastman Chemical Company
Lululemon Athletica Inc
Tchibo GmbH
Hela Clothing Pvt Ltd
Sateri (Jiujiang) Fiber Co.,Ltd
Varner AS Retail
SYNERGIES HONG KONG LIMITED
Tommy Hilfiger
Hirdaramani International Export Private Limited
Gatsby Africa
Amazon China
KIABI
BIANCA
Bluestem Global Sourcing Limited
Restoque S.A.
Phong Phu international JSC (PPJ)
Midas Clothing Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Tory Burch Hong Kong Ltd
Splash
SHAHI Exports Pvt Ltd
Benetton Group
Sportmaster Ltd.
Page Industries Limited (Bangalore)
Seasalt Limited
Lisa S.P.A.
Truetzschler India Private Limited
Walmart
C;&A Sourcing International Ltd
Target Corporation (MN)
Landmark Group
Green Fibre
Aquarelle Clothing Limited
J ;& P Coats
Lenzing Aktiengesellschaft
Under Armour Global Sourcing Ltd
Gokaldas Exports Limited
The LYCRA Company Singapore  Pte. Ltd
Guess Europe Sagl,
International Textile Manufacturers Federation
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Helly Hansen Far East Ltd
Lifestyle
Rosset ;& Cia Limited
T.T. Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Groz-Beckert East Asia LLP
Chico’ FAS
Brandix Lanka Limited
Puma
THE BOMBAY DYEING ;& MFG.CO. LTD
Calvin Klein
Vardhman Textile Ltd
Grasim Industries Limited
Vianney Textil Hogar S.A. De C.V.
Sainsbury's Argos Asia Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Reiter India Private Limited
Chori Company Limited
Cat Tuong Real Estate Group Joint Stock Company
Boardriders Asia Sourcing Limited
BIMBA ;& LOLA SL
The Top Form Brassiere Manufacturing Company Limited
Abit
Babyshop
Decathlon
John Varvatos
IDH – The Sustainable Trade Initiative
Sportswear Company Spa
Alison Hayes Romania
MAS Active / MAS Kreeda / MAS Bodyline
Asos
Permoda(Koaj/Armi/Pronto/Bkul)
Rayonese Textile Inc., Division de Culp Inc.
Aramark Uniform ;& Career Apparel, LLC
IKEA of Sweden AB

January 2022

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


Advanced Search