Home / Knowledge / News / Textiles / Invest in Rwandan silk sector to reap rich returns – MD, Utexrwa
Invest in Rwandan silk sector to reap rich returns – MD, Utexrwa
26
Jun '09
Mr Rajendran, MD, Utexrwa S.A
Mr Rajendran, MD, Utexrwa S.A
The Rwandan government recently released the annual budget in which it announced several measures which includes zero duty status on imports of yarns. This could mean trouble for the local spinners who are already battling the scourge of the global recessionary trends. A same decision has been taken by the Kenyan government, which has created panic among the textile mills in Kenya.

Fibre2fashion set out on a mission to find out the implications of this decision on the textile sector in Rwanda and spoke to Mr Raj Rajendran, Managing Director of the ISO 9001:2000 certified textile mill; Utexrwa S.A. Utexrwa other then being a manufacturer of yarns, fabrics and apparels, has to its credit, the first of its kind in the world, a vertically integrated silk manufacturing unit, right from cocoon rearing to silk garment production.

We began the interview by asking him as to how the zero rating on imports of yarns will help the textile industry in Rwanda, to which he optimistically said, “It's a good relief to the textile Industry in Rwanda. It helps us (Utexrwa ) and others to develop their businesses. It will help the textile industry to be competitive and be at par with other textiles producing EAC member countries”.

Next we quizzed him on other measures and benefits which have been announced for the textile sector, to which he replied by saying, “Most of the proposals are now based on the Rwanda's accession in the EAC customs Union, therefore it is the uniform tariff that will bring parity in the region”. (The EAC or East African Community Customs Union is a partnership of East African countries).

Next we prodded him to speak about the integrated silk manufacturing facility which they had begun recently, to which he explained by saying, “We have achieved certain levels of proving to ourselves that we are capable of producing silk products in Rwanda with local material to be at par with others in the world's best quality markets. Now we are focusing on developing local cocoon production to meet the expected demands of the market to sustain the needs once we enter the world market in Silk products”.

He added, “We along with other stake-holders in Rwanda are working to establish capacity in the country in the silk industry and we also appeal to investors elsewhere in the world and also in Rwanda to invest in the silk sector of Rwanda to reap a good return for their investments as the silk of Rwanda is one of the best qualities in the world, due to its climatic and soil conditions along with a good government strategy”.

“If we could establish good reeling machines then the quality of silk yarn and thereby the quality of silk fabric produced in Rwanda could be one of the best in the world at affordable prices. Currently there is around 300 hectares of land under mulberry cultivation and increasing it to 1000 hectares is in the advanced stages of planning, with a vision to have 10,000 hectares of land under mulberry cultivation in Rwanda by 2020”, he concluded by saying.

Fibre2fashion news Desk - India


Must ReadView All

Sri Lanka reduces VAT on imported fabric to 5%

Textiles | On 24th Sep 2018

Sri Lanka reduces VAT on imported fabric to 5%

Considering the requests made by the stakeholders in the fabric...

E-com firms in India to deduct 1% TCS under GST from Oct 1

Apparel/Garments | On 24th Sep 2018

E-com firms in India to deduct 1% TCS under GST from Oct 1

E-commerce companies in India will have to deduct 1 per cent tax...

Courtesy: Andritz

Textiles | On 24th Sep 2018

'Strength of economy, demographics drive nonwovens demand'

The strength of the economy and demographic trends are the main...

Interviews View All

Abhishek Ganguly, Puma India

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Sanjay Yagnik, Maa Tex Speciality

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Rajiv Sirohi, Shara

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Akshat Chaudhary,

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

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

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

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

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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