Attractive positioning target in the textile and ready-made garment sector
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IHKIB Chair Mustafa Paşahan stated that Turkey will become a production hub for international luxury brands. According to the sector official's remarks, quality standards and production capacity support this goal. Turkey's competitive advantages and labor costs form the foundation of this positioning.
The chairman of İHKİB announced that Turkey will become a major production hub for international luxury brands. The country is well-positioned for this role due to high quality standards, strong production capacity, and its geographic proximity to European markets.
As global luxury brands diversify their production, employment and capacity expansion are expected in Turkey's textile and ready-to-wear factories—developments that could affect worker wages and job opportunities. Should the sector attract foreign investment, export revenues will increase and currency inflows supporting the Turkish lira could accelerate.
Mehmet Yılmaz