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Related Keywords: apparel manufacturers, China, continents second most populous nation, Ethiopia, fast developing into a dynamic apparel sourcing hub, growing number of European and US brands, India and other countries, lured to open new plants, sourcing garments, South Korea

Apparel manufacturers from China, South Korea, India and other countries are lured to open new plants in the continent's second most populous nation Ethiopia which is fast developing into a dynamic apparel sourcing hub and with growing number of European and U.S. brands sourcing garments there.

Related Keywords: Africa, Asia, Asian textile industry, collapsing factories, Ethiopia, global textile, global textile brands, Inditex, Kenyan textile industry, production hub, soaring labour wages, Swedish chain H&M, US-based WalMart, value adding industry, violent workers protest

Global textile retailers have found alternatives to Asia as a production hub as they saw some bad event happening in Asia’s textile industry in the year 2014 like the soaring labour wages in China, violent workers’ protests in Cambodia and collapsing factories in Bangladesh. These events points at the fact that the entire Asia textile industry seems to be in transition and the transition lies in a shift to a more value-adding industry.

Related Keywords: Addis Ababa, development assistance, Ethiopia, investment -related job creation, large-scale projects, pour $1.2billion, small scale projects, surpassing China, Textile Industry, Turkish investors

Turkish investors although has arrived later for development assistance to Ethiopia then China, but have managed to pour some $1.2 billion worth of investment into Ethiopia surpassing investment done by China.

China, the Asian giant’s investment in the African state lack volume, despite China’s outstanding record of development assistance to Ethiopia, it has invested only $836 million over the past ten years, Debela Habte, a senior public relations expert said.

Related Keywords: cheaper location, China, Ethiopia, India, International Monetary Fund, low-end manufacturing, producing clothes, soaring basic wages, Turkey

Frontier African nations such as Ethiopia are positioning themselves to take advantage of the soaring basic wages as China is looking for low-end manufacturing and have starting to shift to cheaper locations around the world.

Ethiopia is one of Africa’s and the world’s fastest-growing economies, the continent’s most populous nation after Nigeria is building a reputation for producing clothes, shoes and other basic goods with rock-bottom wages, cheap and stable electricity and improving transport infrastructure.

Related Keywords: cotton, cotton importation, Egypt, Egyptian cotton industry, Ethiopia, exports, Imports, long stable cotton, short stable, spinner, weaver

Egyptian cotton is extra long stable and they want to import short stable for which the spinners and weavers want to open more countries to be a source of cotton importation. They want to import short stable to produce a coarser yarn for T-shirts, for denim.

Related Keywords: cotton mill, cotton yarn, Ethiopia, Shri Vallabh Pittie group

Ethiopia’s huge potential for raw cotton, the availability of labor, power and water, fast economic growth and access to the international market has helped Shri Vallabh Pittie (SVP) Group, an Indian company decide on setting up largest cotton mill at the industrial zone in Kombolcha in Ethiopia. SVP chose Kombolcha because of its proximity to the cotton growing regions of Metema and Humera.

The cotton mill will produce cotton yarn exclusively for export purpose. The construction of the project has already started from 2nd of May and should be fully operational by next year.