SVP to set up $550-mn spinning mill in Ethiopia
India-based Shri Vallabh Pittie (SVP) Group is setting up a $550 million spinning mill in Kombolcha town, located in the Debub Wollo Zone of Ethiopias Amhara Region. The textile mill, to come up on 50 hectares of land at the industrial zone in Kombolcha, is likely to significantly contribute in achieving the objectives for the textile industry set in the Governments Growth and Transformation Plan.
India-based Shri Vallabh Pittie (SVP) Group is setting up a $550 million spinning mill in Kombolcha town, located in the Debub Wollo Zone of Ethiopias Amhara Region. The textile mill, to come up on 50 hectares of land at the industrial zone in Kombolcha, is likely to significantly contribute in achieving the objectives for the textile industry set in the Governments Growth and Transformation Plan.
