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Raymond opens Greenfield garment plant in Ethiopia

Related Keywords: a wholly owned subsidiary of Raymond brand, gain duty free access, highly subsidised power, inaugurated its Greenfield garment manufacturing plant in Ethiopia, leading manufacturer, lower cost manpower, marketer and retailer, ready to wear apparel, Silver Spark Apparel Ethiopia PLC, US and European markets, worsted suiting fabrics

Silver Spark Apparel Ethiopia PLC, a wholly owned subsidiary of Raymond brand - the leading manufacturer, marketer and retailer of worsted suiting fabrics & ready to wear apparel inaugurated its Greenfield garment manufacturing plant in Ethiopia to gain duty-free access to the US and European markets.

The plant set up at Hawassa Industrial Park (HIP) with an investment of Rs 100 cr and will employ over 2500 people in the first phase. More people will join later, the company said. This foray is in line with the Group’s ambitions to increase its presence across international markets.

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