South Korean textile sector SMEs are concerned that the increased localisation of military apparel is leading to structural issues like cost burdens and procurement risks, which are disproportionately hitting small sewing firms.
The textile industry committee of the Korea Federation of SMEs has sought adjustment official estimate prices and establishment of a risk-sharing structure for fabric procurement.South Korean textile sector SMEs are concerned that the increased localisation of military apparel is leading to structural issues like cost burdens and procurement risks, which are disproportionately hitting small sewing firms.
The textile industry committee of the Korea Federation of SMEs has sought adjustment official estimate prices and establishment of a risk-sharing structure for fabric procurement.
Structural issues from higher military RMG localisation: S Korean SMEs
