Home / Knowledge / News / Textiles / 'Israel businessmen to invest in Uruguayan textile sector'
'Israel businessmen to invest in Uruguayan textile sector'
12
Nov '13
As a result of a recent trade mission of Uruguayan entrepreneurs to Israel, initiated by the Uruguayan Government and the Chamber of Information Technology (CUTI), entrepreneurs from the country have shown keen interest for investing in the Uruguayan textile sector, said Minister of Industry, Energy and Mining, Roberto Kreimerman.
 
According to a statement issued by the Uruguayan Ministry of Industry, Energy and Mining, Mr. Kreimerman said the tour was initiated to generate concrete investment projects and for Uruguayan entrepreneurs to analyze various sectors in Israel, including textiles.
 
As a result of the tour, many Israeli industrialists have shown interest for possible investments in Uruguay and have suggested setting up joint ventures for initiating various new projects in different sectors of the Uruguay, including textiles, he added.
 
The Minister informed that as of now, Uruguay exports US$ 170 million of goods to Israel annually, which include textile and apparel goods, and these investments would result in the increase of exports from the country to Israel in the coming years.
 
The business delegation from Uruguay visited various business and industrial centers in Israel as well as textile plants during the tour, in order to analyze and understand the process of manufacturing undertaken by entrepreneurs in the country.
 
 

Fibre2fashion News Desk - India


Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Westside

Apparel/Garments | On 25th May 2018

Tata Group to open 30 new Westside stores this fiscal

Trent Ltd, a part of Tata group company, has decided to expand its...

Courtesy: L Catterton Asia

Apparel/Garments | On 25th May 2018

L Catterton obtains 10% stake in Future Lifestyle Fashions

L Catterton Asia, the Asian unit of the global consumer-focused...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Nisha Chanda
Whistling Woods International School of Fashion

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

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search