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Tirupur exporters invited to invest in East Africa
13
Apr '16
Representatives from the International Trade Centre (ITC), Geneva, currently working with African Cotton and Textile Industries Federation (ACTIF) along with a representative from Tanzania visited Tirupur Exporters' Association (TEA) on Tuesday for a preliminary discussion on investment opportunities in the garment sector in selected East African countries.

The countries for which the delegation sought investments are Ethiopia, Kenya, Rwanda, Uganda and Tanzania under the project called “Supporting India's Trade Preferences for Africa (SITA)”, the TEA said in a press release.

On behalf of TEA, V. Elangovan, Executive Committee Member and Arun Ramasamy, Chairman, Young TEA participated in the meeting. Elangovan informed the delegation about TEA, Tirupur exports and the role of TEA in the growth of exports. He also pointed out the higher customs tariff prevailing in African countries and investment made by a TEA member in Ethiopia recently. Ramasamy told the delegation about his experiences in exporting to the Pepco Brand in
Africa.

According to the release, the ITC's Belinda Edmonds said they would come back again after two months to meet more exporters and invite them make investment in East African countries. (SH)

Fibre2Fashion News Desk – India


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