Related Keywords: expected to revive textile and cotton industry, funds to expand the mills productivity, generate employment, Indian firm Lakshmi Machine Works Ltd, Indian government has granted funds, Kenya based Rift Valley Textile Mills, Modernisation of Eldoret, modernize Rivatex compete globally, Rivatex EA, textile mill for technology upgrade
Modernisation of Eldoret, Kenya based Rift Valley Textile Mills ( Rivatex EA) is expected to revive the textile and cotton industry and generate employment, for which the Indian government has granted Sh3.016 billion to the textile mill for technology upgrade and the funds to expand the mill's productivity.
The announcement to loan the money to Rivatex was made during Prime Minister Narendra Modi’s visit to the country as part of his four-nation Africa tour in July last year.
