Textiles: Innovate to Reach New Markets

The use of nanotechnology in production processes is one of the investments that companies in the textile industry will have to make to compete at a global level.

Wednesday, December 5, 2018

According to specialists in nanotechnology, an area focused on the design and manipulation of matter at the level of atoms or molecules for industrial purposes, in the production processes several advanced techniques exist that give industry the opportunity to innovate and access new markets.

See "Textiles: Imports up to the first semester"

Regarding the potential for innovation in the use of raw materials, Jessica Fernandez, director of engineering projects at Elisava, said to Prensalibre.com that "... It is a potential area of opportunity to weave these materials and where changes are generated. In such a sector as the textile industry in Guatemala, which has so much infrastructure, being able to apply this technology does not imply a change in traditional equipment or machinery.

Also see "Guatemala: Record Figures for the Textile Sector"

Fernandez added that "... Nike is developing a system that already incorporates it. In addition, a Japanese company already produces technological fabrics and developed T-shirts that have micro particles of moisturizing cream."

According to the specialist "... Not only do we have to consider whether technology is expensive or not, but we also must select the right material for the sector in which we are going to apply it and study its needs. There are many advanced technologies of everyday cost and there is the opportunity to innovate' and helps the product development, in this case clothing and new markets."

According to reports from CentralAmericaData, in the first six months of the year, the largest buyer of yarns and textile inputs in Central America was Guatemala, with $96 million, followed by El Salvador, with $94 million, Costa Rica, with $27 million, Nicaragua, with $24 million, Panama, with $12 million and Honduras, with $11 million.

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Representatives from the company Hanesbrands have stated that the company will be investing $5 million in expansion of a plant located in San Juan Opico, department of La Libertad.

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A meeting is being convened for the textile and clothing industry on March 16 in El Salvador, where the overall situation in the sector will be discussed.

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Colombians Offer Franchises in Guatemala

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Representatives from the Institute for Exports and Fashion in Colombia are visiting the country in search of investors who wish to form strategic alliances.

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