Business
Textile: Mauritius Confronted with the Need to Reinvent and Upgrade
Mauritius’ textile export sector is facing a transformation due to several challenges, including supply chain uncertainties and the rise of e-commerce.
Sunil Bholah, the Minister of Industrial Development, has called for rethinking the sector’s future amidst the Ukraine conflict and the Covid-19 pandemic.
Export data from January to June 2023 reveals a 2.4% increase, reaching Rs 24 billion, compared to the same period in 2022.
However, ready-to-wear and jewellery exports declined by 14.3% and 7.11%, respectively. Major importers were South Africa, France, the UK, and the US.
The need to recalibrate marketing strategies to maintain Mauritius’ status as a preferred sourcing market is also now on the table.
Source: L’ Express