Related Keywords: cotton producer, Ethipian textile industry, national enterprise, raw cotton, shortage of raw material supply, textile companies, textile industries, Textile industry development institute
As the number of companies engaged in the textile industry has been increasing, the Ethiopian Textiles Industry Development Institute plans to set up a national enterprise that will help create linkage between cotton producers and textile industries.
Institute Director-General, Sileshi Lemma, said that the Enterprise will have the mandate to purchase, sell and store raw cotton. It is aimed at addressing challenges related to shortage of raw material supply.
This will help realize the country's plan to make the nation a preferable destination for textile companies.
