Wednesday, 23 November 2011
The Textile and Clothing industries
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The Textile and Clothing industries are very important for a handful of countries, in terms of trade,/...........
GDP and employment and have contributed significantly in several other countries.
The Textile and Clothing industries provide opportunities for export diversification and expansion of
manufactured exports for low-income countries that can exploit their labour cost
advantages and fill emerging niches and meet buyer demands. There are also dynamic
effects of T&C industries and these dynamic effects are greater, the more linkages
have been built up between the garment industry and local textile suppliers.
At the macro level there are a number of ways in which the Textile and Clothing industries affect
economic development.