Home / Knowledge / News / Apparel/Garments / Italian garment firm to set up manufacturing in Ethiopia
Italian garment firm to set up manufacturing in Ethiopia
10
Dec '14
Calzedonia, an Italian garment manufacturing firm, is set to open its first branch in Ethiopia’s Tigray state of Mekele city.

In his meeting with the Italian company delegates at the Ministry, Ethiopian state minister Dawano Kedir said that Ethiopia has ample investment opportunities and huge potential for textile industry.

Given the country’s strategic location at the crossroads of three continents, the peaceful investment climate and incentives, among others, have attracted investors to come and take advantage of the business opportunities in Ethiopia, he added.

Calzedonia’s president Sandro Veronesi said that this is his second visit to Ethiopia. The company’s meeting with the Ethiopian state minister was fruitful as they have been able to identify the advantages and conditions prevailing in Ethiopia.

The Italian firm wants to establish a factory for the production of nightwear, capable of employing some two to three thousand people and is still assessing the appropriate location and suitable conditions for the establishment of the factory in Ethiopia. Calzedonia is hopeful to start with the investment by next year, he said.

Calzedonia is an Italian company, which produces innerwear, socks and costumes, for women, men, and children. (GK)

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 29th Jun 2017

Nan Ya files trade petition in US against Korea & Taiwan

Nan Ya Plastics Corporation, America, a US synthetic fibre producer,...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X