Related Keywords: by more than half, Ethiopian Textile Industry Development Institute, fails to achieve export and production targets, major challenge low production of cotton, raise in export revenue, set in first Growth and Transformation plan, textile factories
The Ethiopian Textile Industry Development Institute (ETIDI) fails to achieve its export and production targets by more than half. It planned to export a billion dollars worth of products but managed only 456 million dollars. It also targeted 2.5 billion dollars in gross value of products (GVP) but achieved only 1.2 billion dollars. ETIDI has had an unsuccessful five-year period with its first Growth & Transformation Plan (GTP I).
