Home / Knowledge / News / Textiles / New textile unit to help Ugandan cotton farmers
New textile unit to help Ugandan cotton farmers
02
Jan '15
Mr. Jaswinder Bedi (File photo)
Mr. Jaswinder Bedi (File photo)
A new textile factory named Fine Spinners, at Bugolobi, Kampala city of Uganda, is set to contract around 30,000 small holder farmers to supply cotton in order to promote the Ugandan Government’s policy of adding value to agricultural produce, Daily Monitor reported.

The factory set up at a cost of US$ 40 million is expected to directly employ more than 3,000 Ugandans in the processing plant. Raw cotton from eastern and western Uganda will be processed at the new factory into finished products before being exported.

Jaswinder Bedi, the director of Fine Spinners, said that the factory, once fully operational, would deal with cotton farmers from Kasese and Mbale. He said Fine Spinners is excited to be part of the journey to transform Uganda from a raw material supplier to a finished goods supplier and create numerous jobs in the process.

According to Mr Bedi, Fine Spinners will manufacture finished products, 90 per cent of which would be exported. The exports market will be achieved through a number of economic partnerships including East African Community (EAC) and Common Market for Eastern and Southern African states (Comesa), among others, that Uganda has with other countries and economic blocs.

Mr Bedi said they chose to invest in Uganda because of the country’s textile policy which offers generous incentives to investment in the cotton textile value chain.

A number of government officials including Ms Susan Muhwezi, the senior presidential adviser on African Growth and Opportunity Act and Mr Keith Muhakanizi, the deputy secretary to the Treasury, supported establishment of the textile unit, Mr Bedi said.

Ugandan President Yoweri Kaguta Museveni commissioned the plant, and said that Ugandans should take available opportunities to fight poverty as well as improve household incomes.

He said the supply of cotton is unlikely to be a problem since Ugandan Government has a plan to work with at least 5,000 farmers for production of cotton. (GK)

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Top executives
Textile industry, India

The event should be organised every year

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Mark Paterson
Technical Absorbents Ltd

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marten Alkhagen
Swerea IVF AB

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

Akta Adani
India Boulevard

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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


June 2018

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

news category


Related Categories:

Advanced Search