Turkish Textile Sector Grows With Investments
Turkey continues to be one of the key actors of the global textile industry. Being one of the unique countries dominating the whole supply chain, Turkey increasing its potential with the new investments. According to the annual official figures explained by the important European machine manufacturers, Turkish textile businessmen manage to be one of the biggest 3 clients. Turkish market makes Asia jealous with its dynamism while it makes Europe jealous with its current quality. Far away from the social problems caused by the Arab spring of the South and the economic distress of the west, Turkey draws the investors as a reliable and safe manufacturing region.
As the leading media organ following the sector closely, we observed that the decisions taken by the government have become effective in this process. It appears that both the additional taxes levied on the textile products imported from the Asian market and the incentives applied to increase the domestic investments have yielded successful results. When the apparel manufacturers who were importing the various fabrics and yarns from Asia as they were cheaper directed to the Turkish manufacturers for such supplies, the yarn and fabric manufacturers saw a demand burst. Thus, their current capacities have already been filled. This capacity problem leads to the next step which is new investments. Turkish textile businessmen intensely prefer the European brands as solution partner in terms of machine and technology. However, the Indian and Chinese brands which draw attention with their Turkish representatives also take part in the new investments. We can speak of an intense competition with the participation of Turkish machine manufacturers in this process.
Turkey is a powerful manufacturer and market which never loses its dynamism. As Textile World Magazine, we follow the sector both locally and globally. This Textildünyası 2014 Mediakit study presented to you, the esteemed sector representative, is a guide for the coming year. You can follow the sector from the inside owing to our file topics and interviews in addition to our current news studies. If we remember that there is an intense competition towards the Turkish textile market, you will be one step ahead of your rivals with this internal viewpoint provided by the Textile World.