Home / Knowledge / News / Textiles / Turkish company ranked top garment exporter of Ethiopia
Turkish company ranked top garment exporter of Ethiopia
24
Sep '14
Image courtesy: EBC
Image courtesy: EBC
Ayka Addis Textile & Investment Group, a Turkish textile company, has been declared the top textile and garment export performer in Ethiopia for the year 2013-14 by Ethiopian Textile Industry Development Institute (TIDI), Ethiopian Radio and Television Agency reported.

The communications director of TIDI, Bantihun Gessesse said that Ayka Addis Textile & Investment Group contributed around US$ 63 million, out of the US$ 111.45 million textile exports revenue in Ethiopia.

He said that Germany was the top importer of Ethiopian textile products, followed by Turkey, China, Italy and US.

He added that 2013-14 total export revenue of US$ 111.45 million represented 31.8 percent of the national US$ 350 million target for total textile exports.

He said the target was not achieved because of the shortages and low-quality cotton supplies, leadership capacity limitations, low productivity, delays in the construction of projects, and shortages of electricity.

Established in 2010, Ayka Addis Group, a vertically integrated subsidiary of Ayka Addis Textile & Investment Group, was established in Alemgena, Ethiopia. The company has created more than 10,000 jobs and now has the capacity to export textile products worth US$ 100 million.

The Ayka Addis Textile & Investment Group is one of the leading textile manufacturers from Turkey. (GK)

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 12th Jun 2021

G20 GDP returns to pre-pandemic level in Q1 2021: OECD

Gross domestic product (GDP) of the Group of 20 (G20) area returned...

Pic: Stock for you / Shutterstock.com

Apparel/Garments | On 12th Jun 2021

Prime Content| Japan's clothing imports fall 13.2% in 2020-21

Japan’s imports of clothing and accessories declined by 13.2 per cent ...

Pic: Shutterstock

Textiles | On 12th Jun 2021

Setting right targets for issues key to building biodiversity strategy

Setting the right targets for issues in play in locations, i.e.,...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Tech in fashion industry has hit acceleration button

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Yawer Ali Shah,

Yawer Ali Shah

Synthetic colours and dyes were all the rage till the very first ban on...

Ujjval Saraf,

Ujjval Saraf

Founded by Jimmy Lai, Giordano International Ltd, a Hong Kong based...

Emmi Berlin,

Emmi Berlin

With the support of the first investors - Finland's Technical Research...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah & Sandeep is a luxury menswear label...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

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 2021

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


Advanced Search