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Related Keywords: Chinese company, east African country Ethiopia, EIC, invest in large scale integrated fabric mill, largest textile manufacturers, More Chinese companies, part of the Guolian Development Group, showing interest in investing, spinning plant, striving to become manufacturing hub of Africa. Ethiopian Investment Commission, Wuxi No. 1 Cotton Mill

More Chinese companies are showing an interest in investing in the east African country Ethiopia as it is striving to become the manufacturing hub of Africa. According to the Ethiopian Investment Commission (EIC), Chinese company, the Wuxi No. 1 Cotton Mill, part of the Guolian Development Group and one of the largest textile manufacturers in China will be soon establishing its presence in Ethiopia.

Related Keywords: applied to set up manufacturing units, Chinese company, delegation of industrialists to meet, four national level companies, interest to invest, proximity of US Nagar to neighbouring, State Industrial Development Corporation of Uttarakhand Limited, surplus ground table water, textile industry of Uttarkhand, Uttarkhand textile park

A Chinese company has evinced interest in investing Rs600 crore in 35 acres in the textile park at Sitarganj in Udham Singh Nagar in the state. This is likely to help the textile industry of Uttarakhand take a major growth.

According to experts, surplus ground table water in Sitarganj and proximity of US Nagar to neighbouring countries like Nepal and China have attracted industrialists to the textile park. Another advantage is its border with Uttar Pradesh and good transportation facility to other parts of the country.

Related Keywords: after-sales service and promotion, build service centers for exhibition, China and Arab Nations, China produced high-quality products. include textiles and automobiles, Chinese company, consultation, facilitate e-commerce, Jebel Ali free trade zone, Ningxia based, promote cross border trade, signed contract to rent land in Dubai, SRP group

A Chinese company, Ningxia based SRP Group dedicated to promoting cross border trade between China and Arab nations has signed a contract to rent 10,000 square meters of land in Dubai's Jebel Ali free trade zone.

Li Zheng, director of Ningxia-based SRP Group said that the land will be used to build service centers for exhibition, consultation, after-sales service and promotion of China-produced high-quality products.

The service center, part of the company's Silk Road E-Path chain, will showcase China-produced textiles and automobiles.

Related Keywords: CCI approves, Chinese company, fabric for men's suiting, joint venture, Reliance Industries Ltd, textile business, trousers and shirting, Vimal brand, with Shandong Ruyi Science and Technology group, yarn

Reliance Industries Ltd (RIL), India's largest private sector company, on Tuesday said it 'had entered into a definitive agreement for a joint venture in business with China's Shandong Ruyi Science and Technology Group (Ruyi).

According to the agreement, RIL will transfer its existing textile business under the Vimal brand into a newly incorporated company in which RIL will hold 51 per cent stake. The remaining 49 per cent stake will be sold to Ruyi.

Related Keywords: bilateral cooperation, China, Chinese company, Chinese corner, Chuntai Dangara Sin Sil Textile, cotton cultivation, cotton processing factories, infrastructure, Investments, Tajikistan

Tajikistan’s Minister of Agriculture Qosim Rahbar at the end of the last week met Mr. Chen Dao Chuan, Director of Closed Joint-Stock Company (CJSC) Chuntai Dangara Sin Sil Textile where the two discussed issues related to bilateral cooperation in the field of agriculture, including cultivation and construction of two cotton processing factories in Tajikistan.

The new factories are expected to be constructed in the Dangara and Jilikul districts of the Khatlon province. The design works for the new factories are nearing completion, the ministry said on Monday.