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.