Proposal for New Production Basins in Ready-to-Wear and Textile
The presidents of the Turkish Clothing Manufacturers Association called for a new industrial policy and the establishment of production basins to combat market contraction and employment loss in the sector.
Toygar Narbay and Dr. Ümit Özüren, Co-Presidents of the Turkish Clothing Manufacturers Association, proposed the establishment of domestic and cross-border production basins to counter the market contraction and employment loss in the ready-to-wear and textile sector.
Market Contraction and Employment Loss in the Sector
New initiatives have gained momentum in the ready-to-wear and textile sector, which has recently come to the forefront with news of market contraction and shrinking employment.
Call for a New Industrial Policy from TGSD Presidents
Toygar Narbay, Co-President of the Turkish Clothing Manufacturers Association, emphasized that while large enterprises are shrinking, the production scale and skilled human resources are weakening.
Production Basins along the Syria, Northern Iraq, and Azerbaijan Axis
It was stated that cost-sensitive orders could be recaptured by establishing production basins with Turkish capital and management along the Syria, Northern Iraq, and Azerbaijan axis.
Employment and Export Targets for Syria
It was noted that an employment capacity of 250,000 people and an annual export capacity of 5 billion dollars are projected in the medium term for Syria alone.
January-August Export Data and Global Markets
It was announced that ready-to-wear exports decreased by 2 percent, while textile exports increased by 1 percent during the January-August period.