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Toggle navigation 23 The textile and clothing industry in Europe was hardly hit by the pandemic in 2020. Now, it is time for the European Commission and its Member States to set the conditions for future competitiveness and resilience of industrial base, particularly the textile and clothing industry,
EURATEX, the voice of the European textile and clothing industry, has said. The textile and clothing (T&C) industry is a pillar of Europe with its savoir-faire and excellence, counting 160,000 companies (mainly SMEs), employing 1,500,000 people, generating €162,000 billion. 38 per cent of such industry’s turnover is sold on global markets, whereby SMEs cover more than 50 per cent of those global sales, EURATEX said on the occasion of EU Industry Days.
World merchandise trade volume growth remained strong in 2020 fourth quarter after trade rebounded in the third from a deep COVID-19 induced slump, according to the World.
The year 2020 witnessed 78 Brexit companies moving to the Netherlands, despite foreign investment in the country declining by a quarter due to the pandemic, according to.
Finland recently claimed it is leading the revolution towards sustainable materials and business models in global textile business. The country offer groundbreaking solutions.
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bilateral trade between India and Mexico is rising and there is huge potential for growth of Indian apparel exports to Mexico, according to Indian ambassador to Mexico Manpreet Vohra, who recently told a virtual meeting titled India-Mexico Synergies in Apparel and Textiles that the bilateral trade has grown 46 per cent to about $10 billion since 2014. The meeting was recently organised by the Mexico is now India s largest trading partner in Latin America and the second-largest in entire America after the USA and having overtaken Canada and Brazil. Our trade is also fairly well balanced with only about $1 billion in India s favour, Vohra was quoted as saying by a news agency.