Home / Knowledge / News / Textiles / India loans Sh 3 bn to Kenya's Rivatex
India loans Sh 3 bn to Kenya's Rivatex
Mar '16
Kenya's Rift Valley Textile (Rivatex) East African Limited has received a Sh3 billion ($0.296 bn) loan from the Indian government through the Exim Bank to buy new machinery for the factory.

After visiting the Rivatex factory in Eldoret, Indian High Commissioner to Kenya Suchitra Durai said India would continue supporting various fields at the factory adding that they will offer technological transfer in some areas to the Rivatex factory, local media reported.

Durai noted that Kenya and India enjoy excellent relations ovr a long period of time.

"The good relations and partnerships between the two nations has transformed into trade reaching $4.3 billion annually," she noted.

Deputy Governor Daniel Chemno on his part said the support from India will see the factory increase its production and compete with other textile companies globally.

"Once Rivatex gets the new machines, it will be able to not exploit the market due to its efficiency but will also create job opportunities to over 3,000 residents," Chemno said.

Rivatex currently employs about 600 people. The machines at the factory were acquired more than 40 years ago and have been experiencing frequent breakdowns. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Lynda Kelly
Suominen Corporation

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Wendell Rodricks
Wendell Rodricks

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

Robert Brunner

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search