Mexico has announced a $6.5-billion initiative to modernise the domestic textile and footwear industries.
The plan seeks to improve productivity, formalise employment and integrate traditional sectors into modern supply chains.
Through a pact with Spanish multinational financial services firm BBVA and state-owned Nacional Financiera, the plan will boost the competitiveness of SMEs in the sectors.
The plan seeks to improve productivity, formalise employment and integrate traditional sectors into modern supply chains.
Through a pact with Spanish multinational financial services firm BBVA and state-owned Nacional Financiera, the plan will boost the competitiveness of SMEs in the sectors.