Home / Knowledge / News / Textiles / New textile projects to go operational in Ethiopia
New textile projects to go operational in Ethiopia
09
Feb '12
Ethiopian textile industry seems to be on an expansion drive and several textile projects and expansion programmes are likely to become operational this fiscal.

In all there are eight projects, including new and capacity expansion projects, involving an investment of more than 4.4 billion birr, which are likely to conclude this fiscal.

Five of the ongoing projects being constructed anew, with a total outlay of 3.4 billion birr, are likely to generate 3,000 new employment opportunities.

There are three other ongoing projects for capacity expansion of existing plants, involving a cost of over one billion birr, which are likely to generate 1,800 new employment opportunities.

According to the Ethiopian Textile Development Institute (TDI), the country exported around US$ 44 million worth of textile and textile products during the last six months, which is around US$ 23 million higher than the revenues generated through exports during the same period last year.

Kombolcha Textile Share Company, Aika Addis Textile and Investment Group, Elsie Addis Textile Factory, Almeda Textile, Ma Textile and Garment Factory and NovaStar Garment Plc were the major exporters of textile and textile products from the country over the past six months.

Ethiopian textile and textile products are mainly exported to China, Germany, Sudan, Belgium, Djibouti, Italy, United Kingdom, Turkey, UAE and the US.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Courtesy: IVL

Textiles | On 26th Jul 2017

IVL completes PTA capacity expansion in Europe

Indorama Ventures Public Company Ltd (IVL), a global chemical...

Textiles | On 26th Jul 2017

Vietnam’s textile & garment exports cross $13bn in H1

Vietnam earned $13.... billion from textile and garment exports in...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

July 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

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X