According to the business newspaper Kommersant, Russia will fail to fulfil the government’s target to increase the share of domestically manufactured clothing up to 50% by 2020.
At present, the share of local production on the Russian clothing market is estimated at 25%. Although the government programme involves RUB145bn (US$4bn) of funding for subsidies and purchase of equipment for some domestic manufacturers, the target is achievable for the military uniform sector only.
This is not only because Russian consumers do not want to wear anything “made in Russia” owing to its poor quality and design, but also for economic, such as the lack of domestic raw materials.
For the full story, see the September 2014 edition of Textiles Eastern Europe. Not a subscriber? Sign up HERE