According to the latest report from OSEO, it invested 9.05 million Euros in innovation and research of 119 projects so as to support the innovation of textile industry.
The report points that many French textile enterprises closed in the first half year of 2009. This bankrupt flow only stopped at the end of last year. In general, the French apparel and textile industry are on its decline. The apparel printing and after treatment industries are relatively optimistic.
The latest statistics show that there were 5100 textile related enterprises of all various sizes last year. Among them, 2850 were textile enterprises with about 133,000 employers. 2250 were apparel enterprises with 51,000 employers. The total turn over of these two industries last year were 21 billion Euros.
Analysis of OSEO shows that innovation of textile industry covers almost all aspects of the industry from fiber design to textile production. North France receives most investments from OSEO. Following four areas are the primary areas of innovation. First, the material of textile--flax. New kind of flax is to be cultivated so as to increase the production of flax. Secondly, textile optical fiber technology is to be developed. Thirdly, frontier technologies of all textile related industries are to be developed. Lastly, the sustainable developments of supply of textile products namely reuse of material and recycle technology.
