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Turkey’s textile sector seeks global cooperation to promote production

As the global economy recovers from the pandemic, the Turkish textile industry wants to start a new era of collaboration with international companies and brands to exceed its $ 100 billion production capacity. Turkey, the world’s fifth-largest supplier of textiles, expects to export approximately $ 12 billion worth of textiles ($ 30 billion including apparel) in 2021.

The Istanbul Textile and Raw Materials Exporters Association said in a press release that Turkey’s textile and apparel industry’s $ 90 billion capacity could be boosted with state-of-the-art production infrastructure and qualified capacity facilities.

Turkey’s textile sector currently employs more than 1 million skilled workers.

“The imminent recovery of international trade offers a great opportunity for cooperation between Turkish textile companies and foreign partners,” said Ahmet Oxes, chairman of the Istanbul Textile and Raw Material Exporters Association, in a release. ..

“We are experiencing an era in which global brands, especially technical textile companies, need more and more cooperation. We want to turn the era of pandemics into an era of opportunity by building win-win relationships. Our domestic textile sector already boasts a number of leading businesses with a proven track record in the global market, “added Öksüz.

The rising momentum of the technical textile sector in recent years, the impressive capacity of this sector, and Turkey’s strategic position between Europe and Asia have the potential to bring significant benefits to all stakeholders. It enables partnerships and will soon be reflected in the country’s trade value.

“It’s a very dynamic sector characterized by a spirit of innovation and entrepreneurship,” said Öksüz. “Our deeply rooted and integrated textile business is an industry that is constantly updated, backed by R & D and innovation capabilities, revealing the industry’s cutting-edge infrastructure and dynamism.”

The Customs Union Agreement between Turkey and the European Union, which came into effect in 1996, makes Turkey’s textile industry fully compliant with EU standards and standards.

Fiber2Fashion News Desk (KD)

As the global economy recovers from the pandemic, the Turkish textile industry wants to start a new era of collaboration with international companies and brands to exceed its $ 100 billion production capacity. Turkey, the world’s fifth-largest supplier of textiles, expects to export approximately $ 12 billion worth of textiles ($ 30 billion including apparel) in 2021.



Turkey’s textile sector seeks global cooperation to promote production

Source link Turkey’s textile sector seeks global cooperation to promote production

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