The world's fourth most populated country not only exports
textiles and apparel but also imports a huge quantities from different countries.
We are happy with the ongoing war on illicit trade which must be sustained to help big, small and medium enterprises that produce finished apparels to benefit from a growing appetite for new clothes," said Kenya Association of Manufacturers (KAM)
textiles and apparel sector officer Abel Kamau.KAM are favouring a blanket taxation of up to Sh2 million for a 20-foot container and S million for a 40-foot container of finished
textiles and apparels to cushion local companies against unfair competition.
Cumulative exports of
textiles and apparel from April 2017 to Jan 2018 were also down by 4pc at Rs1.87 trillion.
For example, Japan would eliminate nearly all of its duties on imports of
textiles and apparel upon.
A one percent increase in expected wages in the
textiles and apparel industry could raise the probability of women entering the labor force by 18.9 percent, says the report.
China is the largest producer and exporter of
textiles and apparel in the world.
textiles are used; they urge that
textiles and apparel be treated like other products in any TPP agreement.
These primary markets--the United States, European Union, and Japan--account for 60% of import volumes of
textiles and apparel in the world (Report of Chinese Apparel, 2009).
The European Union is currently the world's largest consumption market for
textiles and apparel with annual consumption valued at 500 billion euro.
Between 2004 and 2009, India's
textiles and apparel exports to the US grew by only 4.2% per annum, while China, Vietnam, Indonesia and Bangladesh saw growth of 15.3%, 14.5%, 8.9% and 11.5% respectively (by value).
The
textiles and apparel industry occupies a unique position in the Indian economy as it contributes significantly to the industrial production, employment generation, and foreign exchange earnings.
Office of
Textiles and Apparel, a unit of the Commerce Department, show that U.S.
