YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

UAE poised to be one of the world's major textile and apparel markets after oil

Related Keywords: Abughazaleh Trading Company, apparel brand, employment generation, foreign exchange earning, homegrown luxury brand, industrial output, textile and garment companies, textile exports, textile imports, trading sector, UAE textile industry

The UAE textile industry is not only the country’s largest trading sector after oil but it occupies an important place in the UAE economy as a whole and particularly in Dubai, because of its contribution to the industrial output, employment generation and foreign exchange earnings.

UAE's textile exports cover more than 50 countries in Africa, the Middle East, South Asia and Europe, while major exporters are China, South Korea, Japan and Indonesia.

Textile vision document focus on export of only finished products to achieve target projected

Related Keywords: Ajay Shankar Committee, apparel, employment generation, finished products export, home furnishing, Technical textile, textile and garment export, textile vision document

The textile vision document prepared by the Ajay Shankar committee, proposes export of only finished products. This would involve growth rate of apparel, home furnishings, technical textiles and other finished products be grow very rapidly. As it forecast textile and garment exports worth $300 billion by 2024-25.
 

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button