Home / Knowledge / News / Textiles / Kanoria Chemicals to inaugurate Ethiopia plant on Oct 24
Kanoria Chemicals to inaugurate Ethiopia plant on Oct 24
Oct '15
Kanoria Chemicals and Industries Limited (KCI) will inaugurate its denim production plant in Ethiopia on October 24, 2015 as a part of its expansion move into textiles, according to a top company official.

“The denim production plant at Ethiopia will be inaugurated this October 24. In the first phase, we plan to manufacture 12 million metres of high quality denim fabric at this plant,” Asit Roy, assistant vice president (Economic Affairs), KCI told Fibre2Fashion.com.

“We wanted to diversify into textiles, and also increase our international footprint. The future economic growth will be driven by Africa, and the company intends to create a foothold for future expansions. The venture in Ethiopia will not only provide it a base, but will also provide a better access to the African market,” he explained.

This plant will be a value addition to Ethiopia's largely agrarian economy, and hence it will also get the support of the Ethiopian government, according to Roy.

KCI also wanted to capitalise on the early mover advantage in denim production in East Africa. “Inexpensive power, availability of cotton and a pro-industrialisation stance of the Ethiopian government are the other reasons for locating the project in Ethiopia,” he said.

KCI has so far invested $44 million in the Ethiopian plant and the products manufactured there would be mainly meant for exports, informed Roy. (MCJ)

Fibre2Fashion News Desk - india

Must ReadView All

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Textiles | On 24th Oct 2016

German technology to help in energy saving in textiles

German technology can play a major role making the environment...

Courtesy: Trupik

Apparel/Garments | On 24th Oct 2016

Virtual 3D fitting rooms revolutionising online shopping

Virtual fitting rooms meant to bridge the gap between e-commerce...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Wendell Rodricks
Wendell Rodricks

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

Prathyusha Garimella
Prathyusha Garimella

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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