Turkey is one of the major markets for manmade textile products.
India is the second largest supplier of textile and apparel products to Turkey. Manmade textiles is the largest category with a share of 73 per cent in India’s textile and apparel exports to Turkey. This is followed by cotton textiles and apparel having a share of 20 per cent and three per cent respectively.
A large part of the manmade fiber-based fabrics manufactured and processed in India are low value added and primarily supplied to the mass market. In order to give a boost to exports, Indian firms need to invest in manmade fiber-based textile manufacturing processes. Also, the firms that are already manufacturing manmade based textile products should target Turkey as a key market. Moreover, Turkey is also a major importer of cotton textiles. Owing to the availability of raw material and infrastructure, Indian firms have a potential to increase their market share in Turkey in cotton textiles as well.
Manmade textiles are Turkey’s largest imported category, representing 47 per cent of total textile and apparel imports. This is followed by cotton textiles, apparel and others with a share of 26 per cent, 18 per cent and nine per cent respectively.
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