Home / Knowledge / News / Textiles / NITRA to host seminar on investment opportunities in Ethiopia

NITRA to host seminar on investment opportunities in Ethiopia

26
Oct '09
The wave of liberalization and open economy has spread far and wide over the last one and a half decades. The continent of Africa is no exception. As a result, Ethiopia, a small landlocked country in Africa, has opened its gate for foreign direct investment in many sectors including textiles & apparel.

In fact, they have tied up with India to utilize its technological and managerial expertise for their cause. Last month a team of Indian delegates from IL&FS and NITRA visited Ethiopia to explore the opportunities for Indian entrepreneurs to invest in Ethiopia. This initiative was taken up at the request of Ministry of Commerce, GoI.

In this context, it may be mentioned that in August 2004 NITRA took up a prestigious project in Ethiopia for providing technical consultancy to set up a Textile and Apparel Industry Support Institute (TAI) at its capital city Addis Ababa. The institute is already in operation as the project is almost at the completion stage.

In addition to that NITRA trained a number of Ethiopian textile engineers and sewing machine operators both in India and Ethiopia, so as to develop their manpower resources. To share the information gathered by the delegation, IL&FS is organizing a series of meetings to discuss investment opportunities in Ethiopian textile & apparel industry.

The first meeting is scheduled for 27th October 2009 in Shangri La Hotel, New Delhi and the second meeting will be held on 28th October 2009 in Hotel Taj Palace, Mumbai.

For more details contact, Dr Mrs. Milan Sharma on 09899640524, of IL&FS, Delhi.

NITRA


Must ReadView All

Rajive Ranjan (left), Managing Director, Techno Design GmbH and Technocian Fashions, with Oliver Hein, COO, s.Oliver Group. Pic: PDS Multinational Fashions Limited

Apparel/Garments | On 2nd Dec 2021

PDSMFL (BSE:538730) to source for s.Oliver from India, Sri Lanka

India-based PDS Multinational Fashions Limited (listed on Bombay...

Pic: Sergejsbelovs | Dreamstime.com

Apparel/Garments | On 4th Dec 2021

USTR, AAFA to promote greater near-shoring of apparel production

The office of the United States Trade Representative (USTR) has...

Pic: Yilmaz Savas Kandag | Dreamstime.com

Textiles | On 4th Dec 2021

Top priority is to eliminate CAD & foreign debt: Turkey’s new FM

Turkey wants to boost investments, production and exports, and its...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Daniele Uboldi,

Daniele Uboldi

EptaInks is the screen-printing division of Eptanova, a company that...

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Silke Brand-Kirsch, Glatfelter

Silke Brand-Kirsch
Glatfelter

Glatfelter is a leading global supplier of engineered materials. <b>Silke...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

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

Samant Chauhan, Label Samant Chauhan

Samant Chauhan
Label Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

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


December 2021

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


Advanced Search