Home / Knowledge / News / Apparel/Garments / Knitwear factory to come up in Russia's Ingushetia
Knitwear factory to come up in Russia's Ingushetia
17
Apr '14
courtesy: Ingushetia Ministry of Construction
courtesy: Ingushetia Ministry of Construction
A new knitwear factory is planned to be constructed in Ali-Yurt village of Russian province of Ingushetia, according to a press release from the Ministry of Construction of the Republic of Ingushetia.
 
Ingushetia lags behind the national average on all key socio-economic indicators. With virtually no industrial production potential and poorly developed market relations, there are significant social and economic risks for businesses in the region.
 
Low level of productivity is one of the major problems of industrial development in Ingushetia and the region is in need of new production facilities, and the planned construction of a knitting factory in Ali-Yurt is important in this context.
 
The knitting factory will create more than 500 jobs and will have a positive impact on the dynamics of economic development in Ingushetia and will also bring additional revenue to the local government, the statement said.
 
The knitting sector is the most promising among the different branches of the textile industry, as it has a number of advantages in terms of products and efficiency of production technology.
 
The new knitting facility in Ali-Yurt will be equipped with a new, more technologically advanced machinery and equipment. In addition, highly skilled professionals would be involved in the production, which would be made using new raw materials in accordance with modern knitwear manufacturing and work organization.
 
Located in the North Caucasus region, Ingushetia is one of Russia’s poorest and most restive regions. In terms of area, the republic is the smallest of Russia’s federal subjects except for the two federal cities, Moscow and Saint Petersburg.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search