Home / Knowledge / News / Textiles / Ethiopia imports cotton to meet textile industry demand
Ethiopia imports cotton to meet textile industry demand
07
Jan '15
In the last five months of 2014, Ethiopia imported more than 3,000 tons of cotton to meet the demand of domestic textile industry, according to the Textiles Industry Development Institute (TIDI).
 
Ethiopian Government resorted to importing cotton in mid-2014 as a short-term measure to address the challenge of scarcity of raw material.
 
In addition to allowing import, the Ethiopian Government has introduced a new system, wherein companies owning textile mills are allowed to cultivate cotton, and some textile companies like Ayka Addis, Adama and Selin Dewan are already working in this direction, Ethiopian News Agency reported citing information from TIDI.
 
Shortage in availability of domestically-produced cotton is affecting the revenue that Ethiopia gets from textile exports, TIDI said.
 
Located in the Horn of Africa, Ethiopia exports yarn, fabric and garments made of cotton, and had set a target of increasing its textile and apparel exports to US$ 1 billion by 2015, but the country is still very far from achieving the target, mainly because the local cotton supply is unable to meet the demand of the domestic industry. (RKS)
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Yash P. Kotak
Bombay Hemp Company

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

Ritu Kumar
Label Ritu Kumar

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

Wendell Rodricks
Wendell Rodricks

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

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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