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NNDC partners with SUR to revive Kaduna textile company

Related Keywords: aimed at revitalizing, collapsed Kaduna Textile Limited, create employment, entered into a partnership, investment of fifteen million dollars, KTL, New Nigerian Development Company, other garment production, start producing military and para military uniforms, Sur International Textile, Turkish company

The New Nigerian Development Company and Sur International Textile, a Turkish company with an investment of 15 million dollars have entered into a partnership aimed at revitalizing, the collapsed Kaduna Textile Limited (KTL).

SUR will provide 35 percent of the total funds while the balance would be shared between the Federal Government and 19 Northern states.
The Turkish business delegation had earlier inspected the site of the firm and the Defence Industries Corporation of Nigeria, both at the Kakuri Industrial Layout in Kaduna.

Govt to revive onetime special initiatives on garments and textiles

Related Keywords: boost growth, create employment, garments and textiles, Ghanaian government, Mr Alan Kyerematen, One Factory policy, One-District, part of industrialisation drive, plans to revive onetime special initiatives, second National Single Window conference on trade facilitation, Trades and Industries Minister

Ghanaian government plans to revive the onetime special initiatives on garments and textiles as part of it’s industrialisation drive to create employment and boost growth, announced Trades and Industries Minister, Mr Alan Kyerematen at the opening of the second National Single Window conference on trade facilitation in Accra.

Mr Kyerematen said that the garment textiles and the automobile assembling plants were key areas the government was seeking to diversify into, hopefully within the next five years.

Taiwanese textile maker to invest $18.5 mn in a fabric plant in Forest City

Related Keywords: bring sports fabric weaving, create employment, envirnomental friendly textile products, Everest Textiles, Everest Textiles USA, fabric manufacturing site, finishing operation, Forest City, high performance sports apparel, innovative, invest over five years, Taiwan, Taiwan based maker, unit of Everest Textile Co. Ltd

Everest Textiles, Taiwan based maker of high performance sports apparel will invest $18.5 million over five years to bring a sports fabric weaving and finishing operation at a site in Forest City. This will create employment for 610 at the manufacturing facility. This was announced by Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, and the Economic Development Partnership of North Carolina (EDPNC).

FIEO hail spl package for textile sector

Related Keywords: attract FDI, create employment, Federation of Indian Exports Organisations, impart competitiveness to textile exports from country, package meets some of the outstanding demand of the sector, supplemented by the new Textile Policy, welcomes special package for the textile sector

Federation of Indian Exports Organisations President S C Ralhan welcoming the special package for the textile sector commented that the package meets some of the outstanding demand of the sector and will impart competitiveness to textile exports from the country, create employment and attract FDI.

The rebate on state taxes through duty drawback route and grant of duty drawback in case of import of fabric under Advance Authorization would add to cost competitiveness of exports.

Gangwar inaugurates apparel and garment making centre in Mizoram

Related Keywords: convert ideas and designs into flourishing businesses, create employment, new avenues to local entrepreneurs, opportunity to local entrepreneurs, Union Textiles Minister Santosh Kumar Gangwar inaugurated apparel and garment making centre

Union Textiles Minister Santosh Kumar Gangwar inaugurated an apparel and garment making centre here on Saturday. The centre has been set up to give an opportunity to local entrepreneurs to convert their ideas and designs into flourishing businesses. It will also provide new avenues to the local entrepreneurs but create additional employment opportunities for the local people in the North East.

Launch of garment industry in Kisumu to boost textile industry

Related Keywords: blow to second hand clothes traders, boost textile industry, cotton farmers, create employment, KICOMI, Kisumu Governor Jack Ranguma, lacking a market for crops, launch of garment industry in Kisumu, make garments and sell, opportunity fashion designers, revive cotton growing, Textile Industry

Since the collapse of the Kisumu cotton mills (KICOMI), the textile industry went down with cotton farmers lacking a market for their crops. Now with the official opening of garment industry in Kisumu to boost its textile industry. The occasion was graced by Kisumu Governor Jack Ranguma.

The launch now means an opportunity for many fashion designers to make garments and sell them to the market.

This will deal a blow to the many second hand clothes traders who import their products from various countries abroad.

Toyota textile machinery manufacturing unit gets the go-ahead from Karnataka SHLCC

Related Keywords: clears, create employment, investment proposal, Karnataka state High level clearance committee, set up textile and spinning machinery manufacturing unit, Toyota Industries India Pvt Ltd, Tumakuru district, Vasanthanarasapura Industrial Area

The proposal of Toyota Industries India Private Limited to set up a textile and spinning machinery manufacturing unit with an investment of Rs 410 crore at Vasanthanarasapura Industrial Area in Tumakuru district was cleared by the Karnataka State High-Level Clearance Committee on Monday.

The proposed unit, which was cleared by the SHLCC chaired by Chief Minister Siddaramaiah, will provide employment to 800 people.

Bengal hopes to attract Rs 37,000-cr investment under integrated Textile Development project

Related Keywords: attract investment in the state, create employment, hosiery, next three years, parks, PPP model, ready-made garments and knitting park, through textile clusters, under integrated textile development project, West Bengal government

The West Bengal government hopes to attract around Rs 37,000 crore investment in the state through 10 Textile Clusters or Parks under Integrated Textile Development project on PPP model over the next three years and will provide employment to 6-10 lakh people.

These parks, involving hosiery, ready-made garments and knitting, will come up at Barasat, Bankura, Metiabruz, Uluberia, Salt Lake, among other places. Most of the investments will be from private sector.

Ethiopian govt focus on improving its textile sector

Related Keywords: boost exports, capitalize on manufacturing, create employment, Ethiopian government, improve textile sector, Industrial park, industrial zone, major manufacturer, opened textile park in Hawassa, planning investment, target to increase textile exports

The Ethiopian government to improve its textile sector and boost exports is planning to make investment to the tune of US$1bn in industrial parks over the next decade. This will help enhance the country’s overall position as a major manufacturer.

Arkebe Equbai, special advisor to the Ethiopian Prime Minister said that in terms of industrial development and manufacturing development, they want to make Ethiopia number one in Africa.

SAE-A Spinning launched operations of its new yarn spinning plant in Costa Rica

Related Keywords: boost textile sector, Costa Rica, create employment, Gildan Activeweav, launched operations, manufacturer of quality apparel, new yarn spinning plant, SAE-A spinning, Sae-A Trading co, subsidiary of South Korean company

SAE-A Spinning is a subsidiary of South Korean company Sae-A Trading Co., manufacturer of quality apparel launched operations of its new yarn spinning plant in the province of Cartago in Costa Rica with an initial investment of just over $35 million on Thursday.

The company’s CEO Woong-Ki Kim said that the new plant would create more opportunities for new and existing businesses here. The new Costa Rica plant employs 270 workers and produces cotton yarn for export, mainly to other countries in North and South America.

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