Export Earnings: Garment accessories drive foreign exchange earnings through exports, positively impacting the country’s balance of trade.
Employment Generation: The sector creates a significant workforce, contributing to increased income, consumer spending, and overall economic activity.
Value Addition: Emphasis on high-quality accessories adds value to the garment manufacturing process, enhancing the industry’s competitiveness.
Economic Diversification: A robust garment accessories sector reduces dependency on a single industry, promoting economic resilience and stability.
Innovation and Technology: Investment in research and technology within the sector boosts efficiency and productivity, driving economic growth.
Supply Chain Enhancement: A well-developed accessories sector streamlines the supply chain, leading to cost savings, increased production, and improved overall competitiveness.