Home / Knowledge / News / Textiles / India-based Sara Cotton to farm in Ethiopia
India-based Sara Cotton to farm in Ethiopia
Aug '11
India-based Sara Cotton Fibers Private Limited will invest $6.4 million, has it has raised through a mix of equity and debt, in order to fund its plans, to undertake cotton farming in Ethiopia and will produce 50,000 bales of cotton. (One bale = 180 kgs), which it will be selling to leading spinning mills in India, Pakistan, China, and Sri Lanka.

Initially, Sara Cotton will cultivate cotton on around 25,000 acres and has targeted revenues of $50 million in the next 18-24 months. Over a 5-7 year period, the cotton company plans to increase the acreage to 500,000 acres.

Sara Cotton has tied up with Israel based Hazera Genetics, a leading international player with presence in 60 countries in breeding, production and marketing of innovative hybrid seeds of vegetables and field crop seeds and with US based John Deere for agricultural equipments.

It is also planning a community development program as a CSR measure by helping the local community in establishing schools & hospitals. Further it also plans to open Agroskill Development Institute (ADLI) wherein, skilled agro technicians and laborers will be given theoretical and practical training.

Fibre2fashion spoke exclusively with Mr KS Sundhar Rajan, Group Financial Controller, Sara Cotton Fibers who said, “The Ethiopian government has also recently announced cotton as a priority sector for the country and offers a very investor friendly climate for corporate. Incentives for our expansion include a three-year tax holiday, duty-free machinery imports and duty-free import of spares up to 15% of the machinery value.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Indonesian garment exports to remain stable in 2017: API

Garment exports from Indonesia are likely to remain stable this year...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Wendell Rodricks
Wendell Rodricks

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

Rupa Sood and Sharan Apparao

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


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search