KOFOTI (Korea Federation of Textile Industries) was founded in 1967 to contribute to the long-term development of the textile industry as well as the advancement of the national economy. KOFOTI is formulating innovation strategies for the textile and fashion industries to actively take measures in relation to heated competition and the rapidly changing trade environment, quickly respond to sharp changes in the global market as an organization performing a pivotal role in the textile industry, and develop and strengthen new growth drivers. KOFOTI is also taking a leading role in the concentrated development of distinctive products that feature new technology, high-quality, cutting-edge textile products, and state-of-the-art dyeing and finishing technology. It is going further by making improvements to the high-cost, low-efficiency industrial structure, innovating technologies, and fostering experts.