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Related Keywords: associated with low productivity, CEMATEX, focusing on smart garment technologies, garment automation, garment making industry, ITMA, labour intensive, next edition to be held in June 2019, owns ITMA exhibition, world largest textiles and garment technology exhibition

ITMA, the world's largest textiles and garment technology exhibition for its next edition to be held in June 2019 will be focusing on smart garment technologies. According to Fritz P. Mayer, President of CEMATEX, which owns the ITMA exhibition, the garment making industry is labour intensive and associated with low productivity. Things are set to change. Recently, there has been much publicity about sewbots, considered as a major breakthrough in garment automation. Manufacturers fast enough to ride the digital wave will find new opportunities and gain an edge over their competitors.

Related Keywords: Bangladesh, China stands as the world leader USD one hundred seventy billion, competitors in Asia, garment making industry, not much capital input required, resisted automation, Sri Lanka and Cambodia growing, stagnant demand in world market, trend since early last year down, unit prices are down, Vietnam, worthe of garment exports

China though stands as the world leader with US$170 billion worth of garment exports a year but the trend since early last year has clearly been down, in part because of stagnant demand in world markets and, to some extent, because unit prices are down.

The dilemma for all developing economies that rely heavily on the rag trade is now facing China as new competitors emerge underneath it.