Transforming the current crisis into an opportunity, the European textile and clothing industry (EURATEX) has announced the EU Next Generation Package to make the industry more digital, sustainable and agile.
The package indicates, the transformation of the industry will be driven by five flagship initiatives in critical areas including organizing guaranteed supplies and building resilient value chains in Europe for critical PPE and other textile products; upskilling existing workforce to meet a rapidly transforming industry and attracting well-qualified young workers and professionals; investing in innovative and sustainable textiles through dedicated Public Private Partnership (PPP) at EU level; establishing five recycling hubs in Europe near textile and apparel districts and making raw materials by collecting, sorting, processing and recycling post-production and post-consumption textile wastes and ensuring free and fair trade for its companies.