Home / Knowledge / News / Textiles / Ethiopian textile exports are growing: TIDI
Ethiopian textile exports are growing: TIDI
13
Oct '14
Mr. Sileshi Lemma
Mr. Sileshi Lemma
The earnings from exports of textiles and apparel by Ethiopia have been growing during the implementation of the Government’s Growth and Transformation Plan (GTP), the Textiles Industry Development Institute (TIDI) of Ethiopia has said.
 
Presenting a report on performance of the Ethiopian textile and clothing industry in the Ethiopian fiscal year 2006 that ended in August 2014, TIDI director general Sileshi Lemma said, the earnings from exports are growing but at a slow pace.
 
Ethiopia earned US$ 62.2 million from textile and clothing exports in Ethiopian fiscal year 2003 (2010-11), which increased to $111 million last fiscal, Mr. Lemma said. However, last fiscal’s earnings of $111 million has been much lower than the $350 million target set for the year, he added.
 
For the ongoing fiscal year, TIDI has set a target of $435 million for textile and garment exports. To achieve the target, TIDI will work towards strengthening capacities of industries and addressing other challenges.
 
Shortage of raw material is one of the problems faced by the Ethiopian textile and clothing industry. At present, cotton is grown on over 125,000 hectares of land in the country. 
 
To meet the growing demand for cotton, the Government is working towards increasing the land use for cotton cultivation and also on improving cotton production. The Government has also resorted to importing cotton as a short-term measure to address the challenge of scarcity of raw material, Minister of Industry Ahmed Abitew said recently.
 
Garment, yarn and fabric are the top textile products in terms of export revenue for Ethiopia, while Germany, Turkey and China are the main destinations. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Amazon

Apparel/Garments | On 23rd Sep 2018

Consumers in Turkey get access to Amazon

Amazon has launched in Turkey giving customers in the country...

Value in omni-channel retail with Flipkart buying: Walmart

Apparel/Garments | On 23rd Sep 2018

Value in omni-channel retail with Flipkart buying: Walmart

With the acquisition of Flipkart, Walmart sees great value in...

E-com to result in common SE Asian consumer market: BCG

Textiles | On 23rd Sep 2018

E-com to result in common SE Asian consumer market: BCG

The rapid spread of e-commerce and digital technologies is binding...

Interviews View All

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Poojaa Kumar Deepak, Zeven

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Eamonn Tighe, Nature Works LLC

Eamonn Tighe
Nature Works LLC

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

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

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

Justin Gutierrez, INDA

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Bani Batra,

Bani Batra

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

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

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


September 2018

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

news category


Related Categories:

Advanced Search