Home / Knowledge / News / Textiles / Italian textile machinery makers to visit Ethiopia
Italian textile machinery makers to visit Ethiopia
27
Jun '13
From 1 to 4 July, a business and institutional mission organized by Italian Trade Promotion Agency and ACIMIT, the Association of Italian Textile Machinery Manufacturers, will be travelling to Ethiopia. The mission is intended to strengthen contacts between Italy’s textile machinery industry and the local textile and garments sector.

Between 2004 and 2010, Ethiopia recorded a GDP growth rate of 11%, ranking among the world’s fastest growing economies. In 2012, GDP growth came in at 7%, and is expected to remain at this level for the coming years. The Country’s textile and garments industry is one of its essential sectors, employing 20% of the nation’s entire workforce, and the Ethiopian government has created a variety of support programs to promote the industry.

In this economic climate, the demand for machinery by local textile manufacturers has grown significantly. Over the past five years, machinery imports to Ethiopia have increased on average by 13% annually. In particular, Italian exports rose 7% annually between 2008 and 2012. The value of Italian exports toward the Ethiopian market amounts to roughly 2 million euros (2012). Italian spinning and finishing machinery are among those most in demand by Ethiopian textile producers.

“Ethiopia is a Country with great prospects that is willing to invest in order to allow its textile sector to continue to grow,” explains Raffaella Carabelli, President of ACIMIT. “The goal of this mission is not just to present what our sector has to offer, but to develop a dialogue with the local authorities for a program of long term cooperation”.

ACIMIT


Must ReadView All

Chinese firm sets up textile-garment chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up textile-garment chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

CMAI hails review of FTP as 'progressive package'

Apparel/Garments | On 13th Dec 2017

CMAI hails review of FTP as 'progressive package'

The Clothing Manufacturers' Association of India (CMAI) has hailed...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts
Eurofibers

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

Silke Brand-Kirsch
Schlegel und Partner

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

Silvia Venturini Fendi
Fendi s.r.l

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sanjukta Dutta
Sanjukta's Studio

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

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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