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T&C exports to touch $20 bn in 2010 – Expert

06
Mar '10
Cem Negrin, Chairman of the Turkish Clothing Manufacturers Association (TGSD)'s has projected the exports of ready-to-wear garments to be around US $14 billion and that of textile to be about $6 billion by end of the year. Thus, the total exports from the sector would touch over 20 billion USD.

Negrin stated that during February this year, textile exports hiked by 29 percent and stretched to $477.5 million, whereas clothing exports increased by 19.6 percent to touch $1.1 billion. In 2009, Turkey earned $5.5 billion by exporting textiles and raw material, whereas garment exports accounted for 13.2 billion.

Considering the worldwide trade of textiles and apparels, it appears that a positive atmosphere to benefit Turkey has developed and exports have gathered momentum in the last few months, he added.

Negrin observed that at present Turkey is going through a very good period and thus, Turkey should take full advantage of this opportunity. He also said that, TGSD aims to make the optimum out of this favoured conditions and also pass it across to the textile and ready-to-wear industry.

TGSD was established in 1976 with a view to develop the environment required for development of country's clothing industry. At present, there are over 400 members of TGSD, with every member, a leader in the Turkish apparel industry.

Fibre2fashion News Desk - India


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