The Egyptian textile industry had hit the skids in the past years on account of factors like outdated machineries in textile units, numerous strikes and protests held in the country's textile sector, etc.
Textile and apparel constitute more than 10 per cent of the country's total exports excluding oil. Labour-intensive sectors like the textile sector is responsible for providing almost 30 per cent of the total industrial employment opportunities in the country.
This deal is an attempt to uplift the falling Egyptian textile sector.
Werner International will begin work by next month, and will complete it in around 9 months time, according to government officials.
The global management consultancy has an expertise in combining technical, marketing and strategic aspects and has clients from all over the world. (MCJ)
Fibre2Fashion News Desk - India