Textile & apparel sectors powered by output & quality, set to win
05 Jun '06
1 min read
Turkey is ranked among top five producers and exporters of textiles in terms of capacity, Istanbul Textile and Raw Materials Exporters' Union (ITHIB) Chairman Ismail Gülle stated.
Country enjoys balance of production in textile and apparel sectors. Though countries like China and India have decisive advantage over Turkey in terms of low - production and labour costs, yet, they cannot match up with its production elasticity and design value.
On the other hand, even in near future, products from the developed countries like Italy and Spain will remain very expensive vis-a-vis Turkey's as they lead in terms of quality and prices, said Ismail Gülle.
Textile and apparel industry contributed around 27 percent of total exports of country in first quarter, 2006.
Textile and apparel sector together earned $4.8 billion in exports revenue in last three months whereas textile sector export sales was $5 billion and apparel sector export notched up $13 billion.