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DTI to support textile industry through its incentive initiatives

Related Keywords: capital equipment funding, cheap import flooding the market, clothing and textile industry, Competitiveness Improvement Program, DTI, incentive initiative, lost of jobs, new state of the art machines, Production Incentive Program, support companies, The Department of Trade and Industry

The Department of Trade and Industry (DTI), through its incentive initiative in form of its Production Incentive Program (PIP) and Competitiveness Improvement Program (CIP) has supported hundreds of companies in the clothing and textile industry to maintain or create much needed jobs. The sector has lost thousands of jobs over several years mainly due cheap imports flooding the market.

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