MAURITIAN TEXTILE SECTOR AT CROSSROADS FACING FRESH CHALLENGES
October 1st, 2017
THE MAURITIUS textile and clothing industry is facing tough times, with exports falling amidst unfavourable currency shifts. Clothing and textile exports by value to all destinations fell by 9% in 2016, according to the Mauritius Export Association (MEXA), which has noted such sales declines have been happening for the last five years in key export markets.
Yogesh Singh, MEXA’s former chairman said: “On average, our exports to the UK went down by 5 percent annually from 2011 to 2015. This drop was further accentuated by 14 percent in 2016, mainly due to the ...
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