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Host of home grown apparel makers to set up manufacturing facilities in Ethiopia

Related Keywords: Arvind, as land on decades-long lease, attractive incentives to draw foreign investors, both large and mid-sized apparel makers, cheap power, duty-free exports to key markets US and Europe, in Ethiopia, Indian enterprises, Kanoria Textiles, promising sourcing destination, Raymond, set up manufacturing facility

Indian enterprises, both large and mid-sized are putting in millions of dollars for setting up manufacturing facilities in Africa’s oldest independent country, Ethiopia which is a promising sourcing destination for global manufacturers despite Modi government aggressively pushes its 'Make in India' programme.

Host of home-grown apparel makers are enticed to Ethiopia, as the Ethiopian government is offering attractive incentives to draw foreign investors, such as land on decades-long lease, cheap power and duty-free exports to key markets like the US and Europe.

Etur Textile all set to export its product in Europe and American markets

Related Keywords: cotton, Etur Textile, Growth and Transformation Plan, in Ethiopia, in Europena and American markets, largest textile factory, shortage of raw material, start exporting products, to Algeria and Morocco, trial exports, Turkish textile manufacturer

Etur Textile, the Turkish textile manufacturer operating one of the largest textile factories in Ethiopia having conducted successful trial exports to Algeria and Morocco is going to start exporting its products in European and American markets.

Adil Basoglu, board member and executive director of Etur, explained that the textile factory has fully embarked on production and it will soon start exporting its products to larger overseas markets. The company aims to become the biggest exporter in the nation.

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