Textile turnover may rise to USD 150 Bln in 2023,Tuzmen

Textile turnover may rise to USD 150 Bln in 2023,Tuzmen

Turkish State Minister Kursad Tuzmen said today he believed Turkey's textile and ready-made clothing turnover would climb to USD150 billion in 2023, Anadolu news agency reports. "Turkey is in the eighth place in world textiles, and the fourth in ready-to-wear industry," Tuzmen said at the inauguration ceremony of the 11th International Fashion Fair in Istanbul. Tuzmen said Turkey's textile exports were up 17 percent and ready-made clothing exports were up 16 percent in 2007. Turkey earned USD9.5 billion from textile exports, and USD13 billion USD from ready-to-wear exports last year," he said. As many as 250 firms are participating in the fair which will run until February 9.