South Africa approves grant to boost garment and textile industry | Policy News South Africa
Home » News » Policy News » South Africa Approves Grant To Boost Garment And Textile Industry

South Africa approves grant to boost garment and textile industry


READ MORE ON Government SupportPolicy News South AfricaSouth African Textile Industry

African Garment Factory

Image Courtesy:

A grant of US $ 355.65 million has been approved by the Department of Trade and Industry (DTI) of South Africa to boost its garment and textile sector. The fund allocation will also create and save jobs.

“DTI through the Production Incentives Programme (PIP) within the Clothing and Textiles Competitiveness Programme (CTCP), approved US $ 355.65 million to create and save jobs in the sector,” Trade and Industry Minister Rob Davies was quoted as saying by news reports.

“In addition, US $ 225 million was disbursed until the last financial year,” informed the Minister while addressing the first Clothing Manufacturing Industry Sector Summit hosted in Durban; organized by National Bargaining Council for the Clothing Manufacturing Industry (NBCCMI).

“Throughout the sector, a number of companies which qualified and drew from both programs, were able to save 81,252 jobs. An additional 9 672 jobs were created and the net new jobs grew by 4 785 until the last financial year from the inception of the CTCP,” added Davis in a statement issued by the Government.

Also ReadKenya aims to boost apparel industry

He urged all the delegates to start a dialogue between retailers and manufacturers around local production and not abandon the issues of empowerment and transformation.


Have some news? Let us know on

Recommended by Apparel Resources

GST rates for textile industry deferred till 3 June

Goods and Services Tax (GST) Council – on its concluding day of meeting – has not decided the tax regime for the textiles...

Indian Government may increase MSP for cotton

India’s Union Agriculture Ministry has reportedly put forward a proposal to increase the Minimum Support Price (MSP) of cotton by Rs. 160 per...

Indian Texpreneurs Federation seeks uniform tax rates under GST

Since Goods and Services Tax (GST) has paved way for rolling out the new tax regime from July this year, Tamil Nadu-based ITF...

Maharashtra (India) to revamp khadi industry

Maharashtra State Khadi and Village Industries (MSKVI) Board has framed the policy with an aim to increase employment for women and to improve...

Urja 2017: ATDC decides next course of action

Urja 2017-Regional Managers’ Meet of India’s Apparel Training and Design Centre (ATDC) – largest quality vocational training provider in the garment industry of the country, has not only sets its...

Telangana (India) Govt. considering key points for new textile policy

Government of Indian state of Telangana has initiated the process to formulate textile and apparel policy to facilitate loans for weavers. The Government...

Madhya Pradesh (India) puts Skill Development at top of its agenda

An MoU has been signed between Apparel Training and Design Centre (ATDC) and Madhya Pradesh State Skill Development Mission (MPSSDM) to train 10,000 youth every year. Chief Minister of the...

India imposes anti-dumping duty on elastomeric filament yarn imports from 4 countries

Ever since the Finance Ministry of India has imposed definitive anti-dumping duty on elastomeric filament yarn imports from Vietnam, China, South Korea and...

NCTO applauds Donald Trump’s ‘Buy American’ Executive Order

US’ National Council of Textile Organizations (NCTO) has applauded President Trump’s Executive Order directing the Federal Government to maximize Buy American opportunities and to...

Ludhiana’s (India) textile industry draws out 10 demands

Newly formed State Government in Punjab (India) has decided to prepare a new textile policy with special focus on aligning it with Central...