Port Louis: According to the Minister of Indian Ocean Island’s Industry ministry, the textile firms of Mauritius that are engaged in supplying European chains like Inditex’s Zara and Next, require additional or new export markets along with more valued products in order to continue within the competition.
Economy’s tradition cornerstone, the sector exposed to the ending European preferential deal of trade, which was affected by the global economic downturn during the previous year and the executives of the company are afraid that strong local currency might hurt it more.
In order to compete in the best manner, Mauritius has to put in good efforts for up-grading the chain of value added products. Mauritius cannot sustain to be a producer of textile only in manufacturing of the basic items of textile, said Dharambeer Gokhool.
Much intense situations can be seen in the competition at the lower segments of the textile market. It is important for Mauritius to grow on the global standards within the textile industry for developing value added products of textile with brands and designs, said the minister.
The sector is reflecting growth by 1% within the current year after getting shortened up to 4% during 2009.
Major markets for textile for Mauritius are France, Italy and Germany. Approx 6.5% of contribution is provided by textile in the gross domestic product range providing some 11% of the all total jobs.
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