Home / Knowledge / News / Textiles / NITRA to host seminar on investment opportunities in Ethiopia
NITRA to host seminar on investment opportunities in Ethiopia
26
Oct '09
The wave of liberalization and open economy has spread far and wide over the last one and a half decades. The continent of Africa is no exception. As a result, Ethiopia, a small landlocked country in Africa, has opened its gate for foreign direct investment in many sectors including textiles & apparel.

In fact, they have tied up with India to utilize its technological and managerial expertise for their cause. Last month a team of Indian delegates from IL&FS and NITRA visited Ethiopia to explore the opportunities for Indian entrepreneurs to invest in Ethiopia. This initiative was taken up at the request of Ministry of Commerce, GoI.

In this context, it may be mentioned that in August 2004 NITRA took up a prestigious project in Ethiopia for providing technical consultancy to set up a Textile and Apparel Industry Support Institute (TAI) at its capital city Addis Ababa. The institute is already in operation as the project is almost at the completion stage.

In addition to that NITRA trained a number of Ethiopian textile engineers and sewing machine operators both in India and Ethiopia, so as to develop their manpower resources. To share the information gathered by the delegation, IL&FS is organizing a series of meetings to discuss investment opportunities in Ethiopian textile & apparel industry.

The first meeting is scheduled for 27th October 2009 in Shangri La Hotel, New Delhi and the second meeting will be held on 28th October 2009 in Hotel Taj Palace, Mumbai.

For more details contact, Dr Mrs. Milan Sharma on 09899640524, of IL&FS, Delhi.

NITRA


Must ReadView All

Textiles | On 26th Jun 2017

US initiates probe into PSF imported from 5 nations

The department of commerce of the US has initiated investigations for ...

Textiles | On 26th Jun 2017

USTR announces AGOA review for Rwanda, Tanzania & Uganda

The office of the US trade representative (USTR) has announced the...

Textiles | On 26th Jun 2017

Braskem invests in polypropylene production facility in US

The Board of Directors of Braskem, one of the largest producer of...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Eamonn Tighe
Nature Works LLC

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

Steve Cole
Xerium Technologies

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mike Hoffman
Gildan Activewear SRL

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

Ritu Kumar
Label Ritu Kumar

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

Prathyusha Garimella
Prathyusha Garimella

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

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

news category


Related Categories:
June 2017

June 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