Issues of cooperation with the Spanish textile giant INDITEX discussed
02/07/2020 14:13
Issues of cooperation with the Spanish textile giant INDITEX discussed
02/07/2020 14:13
Tashkent, Uzbekistan (UzDaily.com) – On 1 July 2020, the Embassy of Uzbekistan in Madrid organized a videoconference between the leadership of the Uztekstilprom Association and the Spanish textile giant INDITEX.
The meeting was also attended by a number of domestic textile manufacturers (Aisha Home Textile LLC, Chust Textile LLC, Bofanda JV LLC, Bukhara Cotton Textile LLC, Zarafshon Tekstil LLC, UzTex Group LLC, Textile Technologies Group LLC).
INDITEX is a Spanish corporation, which is the largest manufacturer and seller of branded clothing in the world. Headquarters - Arteijo (Galicia, Spain). Founded in 1985, currently, INDITEX brings together more than 7,000 stores in 96 countries under the brands Zara, Oysho, Massimo Dutti, Bershka, Pull and Bear, Zara Home, Stradivarius, Tempe, Lefties and Uterque, with more than 162.5 thousand employees.
The Spanish side was informed about the current state of the textile industry in Uzbekistan, in particular, it was noted that today, although Uzbekistan is a major producer of cotton, it should be considered as a supplier of products with high added value, since cotton is completely processed inside the republic.
The Spanish side, noting the ongoing deep economic reforms of the country's leadership, noted that the country's achievement of GSP + status “is another factor for further expansion of cooperation between INDITEX and Uzbek textile manufacturers.
In particular, it was noted that in cooperation with INDITEX brands, it must be taken into account that they are consumers of finished products. And each product sold in chain stores is delivered based on the wishes and requirements of customers. The main criteria for cooperation are design, quality, strict adherence to delivery times and price competitiveness. Among other things, sustainability of production and compliance with international standards are of no small importance.
In general, following the meeting, the parties expressed their readiness to expand cooperation and continue the negotiation process in order to implement joint projects in the textile sector.
Already as soon as possible proposals for the supply of high-quality sewing, knitwear and terry products on the Inditex network will be sent.
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