Home / Knowledge / News / Textiles / Ganges signs MoU to set up jute bag stitching unit
Ganges signs MoU to set up jute bag stitching unit
26
Jul '08
A venture to set up a jute bag stitching factory was agreed upon through a memorandum of understanding (MOU) between the Ghana Cocoa Board (Cocobod) and Ganges Jute Pvt Limited, an Indian jute manufacturing company on July 24.

This jute bag stitching factory is proposed to be set up at Kumasi to reduce reliance on imports of jute bags to pack cocoa. Estimated to cost around one million dollars, the facility would ensure cost savings, facilitate operations and generate employment and foreign exchange for the country.

While the project will be entirely financed by Ganges, Cocobod will contribute by providing a seven-warehouse facility as its share for the venture.

Jute bags formed an important input in cocoa production and local manufacturing of this product would facilitate supply of bags for cocoa packaging. In fact with the bags becoming easily available, it would no longer be necessary to stock huge quantities before hand for every new batch.

Definitive measures are being taken to ensure that the project starts commencement very soon as it is expected to create 300 job opportunities for the locals here.

Ganges Jute Pvt Ltd has already started with the necessary administrative work and is all set to begin with the project. Besides, the company has promised to set-up a five million dollar complete jute manufacturing factory in Ghana, if the present undertaking turns out to be successful.


Must ReadView All

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Certification for Philippine garment firms availing GSP

Textiles | On 20th Jun 2018

Certification for Philippine garment firms availing GSP

The Philippines has adopted rules on securing certificate of...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Rikesh Mistry

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

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Urs Stalder
Sanitized AG

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

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