Home / Knowledge / News / Textiles / Mozambique's Riopele textile factory may reopen in 2014
Mozambique's Riopele textile factory may reopen in 2014
12
Dec '13
Riopele textile factory, located in Marracuene town in the Mozambique’s southern province of Maputo, may reopen in March 2014 after a 10-year closure, Armando Inroga, Minister of Industry and Trade has said, reports macauhub.
 
The assets of Riopele were acquired last year by the Mozambique Cotton Manufacturers (MCM), a consortium comprising of Mozambique’s Intelec Holdings and Portugal’s Mundotêxtil, Mundifios and Crispim Abreu.
 
MCM is now restoring machinery at Riopele textile factory, which produced yarn and fabric prior to its closure. It has already invested US$ 12 million to install spinning, weaving and dyeing equipment at the factory.
 
After visiting the textile factory, Mr. Inroga informed that the cotton for producing textiles at the factory would come from Guro in the central province of Manica, where a fibre processing and development project is being overseen by the Mozambican Cotton Institute.
 
The Minister said that the cotton from Guro would be brought to Marracuene for lab assessment, processing and then further use for manufacturing of yarn and fabric, which would be then sold to producers of textile products.
 
Mr. Inroga said the Government’s aim is to have entire textile industry production line from growing cotton, to transforming it into yarn and fabric, and supply the same to the domestic market, enabling several new small and medium-sized companies to flourish.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

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

Pranav Mishra
Huemn

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search