The revival of the economy depends largely on the industrial sector, which is facing a new problem: China. This country has manifested conflicts due to contamination and the closure of many operations, as well as damage to health that even when they have not been openly aired, there is already talk of new variants of Covid-19.
Added to this is the reactivation of all sectors, already wreaking havoc on the supply chain and suppliers on a global scale, generating delays for everyone, raising prices, and especially the increase in costs that transport represents.
There will be a shortage, an increase in prices in store sales, an imbalance in supply and demand, issues derived from the reestablishment of all industries.
However, and in the face of this complicated situation, in sectors such as clothing, under the tutelage of the National Chamber of the Garment Industry, chaired by Emilio Penhos, there seems to be a window of opportunity so that, in the face of China’s reeling , Mexico is the one who meets the needs.
And it is that the union itself is already considering that national and international companies will have considerable delays in their shipments from the East, a situation that affects the industry and keeps companies waiting.
If we add to this that historically the textile industry has had a problem with Asian products, leaving the national union at a disadvantage, not only in price but in workmanship and quality, today the international situation itself could give it a break.
There is a great demand for national production, they are turning to Mexico to supply themselves, which has generated a 10% rise in textiles, since last year.
But he must face smuggling, the great evil. At the end of the day, six out of 10 garments have to do with informality and illegality.
In global logistics there is total disorder in the clothing and textile sector.
Although the great burden in Mexican territory is the lack of support for small and medium-sized entrepreneurs, because, although it is said that development banking is a support, the credit programs have already been milked; In other words, it is stated that they will support with 2 billion pesos, but the reality does not exceed even half of the budget. The argument is that there are already loans granted, even if it is the first day of their operation.
However, it is a reality that even the 2 billion pesos are not enough, a well-established strategy is required to meet the needs generated by the economic lag, which has been going on for decades and has not improved in recent years.
We need a program that encourages small sewing workshops to obtain credit, and a scheme in which they are not stifled by the social commitments they have to face with social security, call it Infonavit or IMSS.
Could it be that progress can be made, or will the opportunity to advance in textile and clothing as a supplier for several countries that are currently affected by the situation in China be lost?
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Reference-www.eleconomista.com.mx