Armenia:: Apparel, Textile & Fashion Business Center
The Apparel and Textiles Industry is a one of the most labor intensive industries in Armenia consisting of approximately 90% female employees. The industry is operating at about 38% of capacity for those manufacturers who are still in business and represent about 0.3% of 2002 GDP.
The light industry included 154 registered enterprises in 2000. Privatization of textile companies is still in the process, though more than 75% of the companies have completed this process. SMEs (with average of 20 employees) are a small portion in enterprise structure of the industry; whereas the majority of plants currently employ more than 300 workers on average. Yet, some of these big enterprises are often working with 25-35% capacity, underutilizing both their equipment and space.
For more information, please visit http://www.armeniantextile.com
