Kanoria Chemicals & Industries Ltd is back in textile business after a gap of two decades. The company is in talks with H&M, Peter Van Heusen, Velocity, Raymonds and Arvind to sell denim from its plant in Ethiopia. The company has made an investment of about $50 million in the African country to take advantage from duty-free exports to the US and the European Union.
Browsing: Ethiopia
Global Textile Technology & Engineering Show(GTTES) -2015 by India ITME Society created a landmark event for textile engineering industry in India and overseas. The event, which focused on post spinning sectors, attracted exhibitors from 12 countries and visitors from 21 countries with visitor flow continuing late into evening on third day even after closing time of the exhibitio
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.