Home / Knowledge / News / Textiles / Kenya to revive Textile mill with Indian grant
Kenya to revive Textile mill with Indian grant
27
Jul '16
Kenya has put in place elaborate measures to revive its ailing cotton industry as well as modernise the state-owned Rivatex Textile mill with the help of a 2.9 billion Kenyan Shilling ($ 30 million) grant from India.

The latest initiative is aimed at providing farmers with high yielding variety of seeds from Israel that produce quality cotton lint for better returns and offer investors better margins. It also entails upgrading the Eldoret-based textile miller, Rivatex with latest technology, said Julius Korir, Industry and Enterprise Development Principal Secretary.

The government has launched a pilot programme under which hybrid cotton seeds from Israel would be sown on 500 acres of land in Bura, Tana River County and plans to scale it up to other cotton-growing areas once it becomes successful, Korir said.

The first planting will begin in September. Korir said adding that the upgraded Rivatex will offer a ready market to the farmers.

The budget for modernization of Rivatex was 40 billion KSh or $40 million, of which $ 10 million has been factored over the last two years by the Kenyan government and Ksh 2.9 billion ($ 30 million) had been secured from the Indian government, Korir said.

“We signed an agreement with the Indian Government for an extension of about Sh 2.9 billion funding to Rivatex so that it can now modernise. We hope that in the next two years, Rivatex will be a state-of-the art factory,” he said.

The cotton industry in Kenya slumped from its high in the 1970s and 1980s when the sector used to receive subsidies from the Government. It was liberalised in the early 1990s. About 78,000 bales of cotton lint were produced annually before liberalisation. These have since gone down to a paltry 4,000 bales nowadays, media reports said. (SH)

 

Fibre2Fashion News Desk – India


Must ReadView All

East India can draw Rs 30,000 cr in petrochem  by 2030

Textiles | On 21st Nov 2017

East India can draw Rs 30,000 cr in petrochem by 2030

East India has the potential to attract Rs 30,000 crore investments...

Egypt’s textile exports increase 3% in 10 months: TEC

Textiles | On 21st Nov 2017

Egypt’s textile exports increase 3% in 10 months: TEC

Exports by Egypt’s Textile Export Council (TEC) between January and...

UKFT turns sector skills body for UK fashion, textile sector

Textiles | On 21st Nov 2017

UKFT turns sector skills body for UK fashion, textile sector

The UK Fashion & Textile Association (UKFT) recently announced at a...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Marcel Alberts
Eurofibers

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

Lynda Kelly
Suominen Corporation

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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

November 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
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

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
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

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
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

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
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


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