Gov’t must support local textile industries

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• Bitter Truth Pill 9 years ago

  Every time the local textile factories tries to prop up its uncompetitive industry through government intervention I laugh. The sector has become uncompetitive because the operated in a protected market and profited from that ...
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  Every time the local textile factories tries to prop up its uncompetitive industry through government intervention I laugh. The sector has become uncompetitive because the operated in a protected market and profited from that fro decades with commensurate investment in new technologies emerging in Asia. Now textile manual Turing has become complex and multilayered whilst Ghanaian textile companies have focused on only one niche wax print. How can you compete when you are not equipped to produce plain and diverse fabrics needed for mainstream garments production or you have not integrated backwards into spinning and cotton production. When you have not raised money or risked investment to consolidate the sector. They are using their labour advantage to protect their market stall when supermarkets are springing up everywhere. What did they do with the windfall in the years when there was a complete sellers market. Did they not invest in the future. Ghana is not the only country where the wax print industry has collapsed under globalisation. No force can stop this apart from transformation through reinvestment to ride on the wave of change. Swimming against it is futile effort to get the most of a taxi whose tires are old and whose fuel is running out

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• Kwabena Osei 9 years ago

  I believe ATL should as a matter of fact start financing research projects put up there by the Ghana universities. Other countries use the research and development to push their textiles and clothing industries. Intervention ...
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  I believe ATL should as a matter of fact start financing research projects put up there by the Ghana universities. Other countries use the research and development to push their textiles and clothing industries. Intervention by government is not the "answer". ATL should promote the habit of financing research.

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• Abiba 9 years ago

  Without research Ghana will never progress even if we have the best Presidents. Use findings to work on improving situation and improvements.

  Without research Ghana will never progress even if we have the best Presidents. Use findings to work on improving situation and improvements.

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• Larry Finch 9 years ago

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