Home / Knowledge / News / Apparel/Garments / Taiwan's Eclat Textile plans $170-mn Indonesia investment

Taiwan's Eclat Textile plans $170-mn Indonesia investment

23
Sep '19
Pic: Eclat Textile
Pic: Eclat Textile
Taiwan’s Eclat Textile Co is planning to invest $170 million in Indonesia to expand production, diversify risk and boost capacity. A board meeting recently approved the decision to route funds into Indonesia in three stages beginning October. The first phase investment will be over by 2020 end and build a garment factory to produce 1 million units per month.

The investment aims to roll out products for the Association of Southeast Asian Nations (ASEAN) market and China, the Taiwanese garment and fabric supplier said.

The second stage will start in 2021 and build another garment plant, also with a monthly capacity of 1 million units. The third-stage investment will involve building of a weaving mill with a monthly capacity of 1 million kg.

Eclat said construction of the weaving mill is scheduled to start in two years, and before that, the company will map out details about the investment through possible suppliers to set up a comprehensive supply chain for its Indonesia plant during the two years.

Eclat is in talks with authorities of an industrial park as a possible destination for the investment but did not disclose where the industrial park is, according to a Taiwanese news media report.

The company has overseas production sites in Vietnam, Cambodia and Lesotho. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

E-commerce | On 3rd Mar 2021

Digital e-com rules may negatively affect developing

Many digital rules being framed by a group of 86 countries under the...

Pic: Shutterstock

E-commerce | On 3rd Mar 2021

Jordan govt urged to impose tax on online purchases from

Asad Qawasmi, who represents the garment and jewellery sector at the...

Pic: Huntsman Textile Effects

Textiles | On 3rd Mar 2021

Huntsman, Sciessent partner for microbe & odour resistant

Huntsman Textile Effects, a Singapore-based provider of high-quality...

Interviews View All

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Yash Agarwal, Hitansh Online

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Laxmikant Rathi,

Laxmikant Rathi

With more than 60 years of experience in the textile industry, Ideal...

Tina Antoniades,

Tina Antoniades

India-headquartered Lulu & Sky is a rapidly escalating brand with the...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

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


February 2021

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


Advanced Search