Home / Knowledge / News / Textiles / India's Vagmi Cottons to build ginning unit in Zambia

India's Vagmi Cottons to build ginning unit in Zambia

07
Apr '19
India
India’s Vagmi Cottons Limited will invest $7 million this year to build a factory in the Mwembeshi area of Zambia’s Chiombo district in the Central Province to process 8,000 metric tonnes of cotton lint annually. The company has already acquired 26 acres for that purpose. The factory will evolve from cotton ginning to a full textile unit in 2020.

Vagmi is also discussing with Indo-Zambia Bank Ltd to study possibilities of a joint venture or leasing the defunct Kafue Textiles Company, an English-language daily in Zambia quoted company chief executive officer Amit Dwivedi as saying.

The company will engage 23, 000 cotton farmers from Mumbwa, Shibuyunji, Chipata, Petauke, Lundazi and Katete in the next two years, Dwivedi said.

Zambia’s High Commissioner to India Judith Japijimpanga had visited Vagmi’s cotton factory in Indore some time back.

The company will supply farmers with seed, chemicals, wool packs and will collect cotton from farming areas.

Vagmi will also build houses for some Zambian staff running the factory. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Smart apparel to take Bangla sales to $130 bn by 2025: BAE

Apparel/Garments | On 25th Apr 2019

Smart apparel to take Bangla sales to $130 bn by 2025: BAE

The fourth industrial textile revolution involving 'smart clothing'...

Vietnam's garment-textile exports to exceed $40 bn: VITAS

Apparel/Garments | On 25th Apr 2019

Vietnam's garment-textile exports to exceed $40 bn: VITAS

Vietnam's garment and textile exports exceeded $36 billion last year...

Pic: Fashion Revolution

Apparel/Garments | On 25th Apr 2019

More brands publishing suppliers list: Fashion Revolution

More and more fashion brands and retailers are publishing a list of...

Interviews View All

Arvind Saraf, Triveni Sarees

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Divyesh Mashruwala, Akshar Industries

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Darshan Mehta, Infinium Polychem

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Atul Mittal,

Atul Mittal

Established in 1997, Pratibha Syntex produces over 60 million pieces of...

Ravi Kant Prakash,

Ravi Kant Prakash

A crucial role in the process of fabric manufacturing is played by the...

Tejas N Patel, Navin D Patel,

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

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

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

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

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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


May 2019

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

news category


Related Categories:

Advanced Search