Mauritius and Madagascar intend to join hands to boost textile exports and make the Indian Ocean region a textile hub.
A Malagasy delegation of industry representatives and government officials recently visited Mauritius to discuss various issues to boost their trade and commerce activities.
Following a meeting with the delegation in Port Louis, Mauritian Foreign Affairs and regional Integration Minister Alan Ganoo said that there is a need to further strengthen the bilateral cooperation between the two countries.
He observed that the two countries are not competitors but are rather complementary and it is therefore necessary to continue to develop the existing synergy at the level of industrialisation and textile.
Under a Memorandum of Understanding signed in 2019, Madagascar has made available to Mauritius some 80 hectares of land in Moramanga for the setting-up of a textile centre.
Mauritius had exported apparel worth $357.668 million to the world during April 2021-March 2022.
The annual export of home textiles was $6.312 million in the same period. Apparel export from Mauritius was $99.189 million in fourth quarter 2021 and $112.678 million in third quarter 2021.
Quarterly export of home textiles from Mauritius was between $1-2 million since fourth quarter 2020.
Madagascar had exported apparel worth $838.141 million during April 2021-March 2022.
The US, France, South Africa, Germany and United Kingdom were the top five geographies for the export. Madagascar had exported 75 per cent of its apparels to these countries. The export of home textiles was $6.052 million in the same period.
With inputs from GIS Mauritius, Fibre2Fashion.com
