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Textile Market Trends
Tough 2006 for textile sector
Textiles
Tough 2006 for textile sector
30 Dec '06
1 min read
As result of significant drop in exports to the US, almost 41000 textile workers in Duty-Free Zones were rendered jobless.
Textile industry had a strained 2006, with almost 4.5 percent decline in zone placements, creating only 147,959 as against 154,781.
Meanwhile, exports are expected to reach around US $4.44 billion by the end of December 2006, representing year-on-year fall 5 percent.
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