Home / Knowledge / News / Textiles / Japan's Nitori set to invest in Tanzania's cotton farming
Japan's Nitori set to invest in Tanzania's cotton farming
Dec '13
Japan-based Nitori Holdings Company is set to invest US$ 550 million in Tanzania’s cotton farming and related industries, Daily News Tanzania reported.
The Japanese company has secured 40,000 hectares of land for commercial cotton farming in Handeni District, where the company will also set up a processing plant in addition to growing cotton, according to Gabriel Mwalo, acting director general of Tanzania Cotton Board (TCB).
Speaking at a TCB forum, Mr. Mwalo termed the acquisition of land by the Japanese firm as a breakthrough in the country’s cotton industry, as it will lead to Tanzania’s first large-scale cotton farm.
Nitori would also introduce out-grower scheme in the nearby villages, to get extra needed cotton for sustaining its input demand. The company would also construct textile factories within the area, so as to transform cotton into final products for its chain of stores.
He said the investment by the Japanese company would help in stabilization of local cotton prices and thus remove the dependency on international market prices.
Nitori Holdings had first announced its plans to invest in agricultural production and manufacturing in Tanzania, during the visit of President Kikwete to Japan earlier this year.
Nitori plans to increase its store count by ten-fold over the next two decades, with focus on Africa, in general, and Tanzania, in particular.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Top executives
Textile industry, India

The event should be organised every year

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Urmil Arya

Sushila International, a well established textile organisation established ...

Erik Sy

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

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

Eamonn Tighe
Nature Works LLC

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks
Wendell Rodricks

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

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search