TURKEY LOOKS TO BUILD BACK CAPACITY FOR QUALITY FABRIC MANUFACTURE
June 1st, 2021
Turkey is struggling to recover its position as an important supplier of high-end and luxury fabrics, recouping sales lost on cost to Chinese rivals. The industry retains great potential strength, being the world’s fifth largest supplier of textiles selling USD12 billion exported annually, according to Istanbul Textile and Raw Materials Exporters Association (İTHİB - İstanbul Tekstil ve Hammaddeleri İhracatcilari Birlig). And Turkish quality fibre and fabric producers are eyeing nearshoring demand with has grown in Europe as brands mull diversifying ...
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