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 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Courtesy: Gucci/Pantone

Textiles | On 9th Dec 2016

Pantone announces greenery as colour of the year 2017

Pantone, an X-Rite company and the global authority on colour and...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Sunil Rathore
Lacoste India

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

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

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

Steve Cole
Xerium Technologies

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

Marten Alkhagen
Swerea IVF AB

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

Eamonn Tighe
Nature Works LLC

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search