investment+manufacturing | YnFx - Part 52

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2016-06-24 12:00:00

High confidence of foreign investors in Rwanda increases FDI by 78pc

Foreign Private Capital Census (FPC) 2015 latest report released by the central bank shows that Foreign Direct Investment (FDI) in Rwanda have increase by 78.1 pecent to US$458.7 million in in 2014

2016-06-23 15:00:00

Indian textile sector can reach USD 300 bn, create 50 mn jobs by 2025

The Indian textile and apparel sector can triple in size over the next 10 years, get USD 150 billion in foreign exchange annually, and create an additional 50 million jobs by 2025 of which 35-40

2016-06-23 11:00:00

Special Rs 6K-cr package cleared by Union Cabinet to boost textile sector

The Union Cabinet on Wednesday cleared a Rs 6,000 crore special package for the textiles and apparel sector with an aim to deal with the rising competition from Chinaâ€™s textile and apparel

2016-06-22 11:00:00

Angola to import at least 20,000 ton of cotton a year to help textile industry

Angolian textile and apparel industry has been facing severe problems for past decade, which had a huge impact on cotton production. To cover the deficit the country is faced with to set its textile

2016-06-19 15:00:00

Bangladesh garment makers demand 0.30pc tax at source for next FY

The countryâ€™s garment and textile makers have urged the government to reduce tax at source to 0.3 percent for the next fiscal year from the proposed 1.5 percent to attract more investment as

2016-06-13 12:00:00

Kwara signs deal with Chinese investor to set up textile industrial park

Kwara State Government signed a $56 million investment deal for the establishment of Kwara Chitex textile Industrial Park in the state with a Chinese investor. The agreement was signed between

2016-06-11 11:00:00

IKEA plans to hike quantity of cotton, expand stores in India

IKEA, the Swedish furniture company, 10 percent of whose global cotton suppliers are from India, plans to increase sourcing of cotton from India for its textile requirements as it gears up to start

2016-06-06 12:00:00

Tirupur garment manufacturers to explore use of wool

Tirupur Garment manufacturers, 150-odd manufacturers, who attended the â€œWool workshopâ€ organized by The Woolmark Company at Velan Hotels in Tirupur last evening signaled their interest to

2016-05-28 12:00:00

Ethiopia pushing to create a textile industrial complex for S Korean cos

South Korea and Ethiopia are expected to observe the signing of some 40 memorandums of understanding (MOUs) that could further boost their political and economic ties as their leaders President Park

2016-05-27 16:00:00

DBL Group plans to invest $100m to set up garment factory in Ethiopia

DBL Group, a diversified business entity which has vertically integrated textile and apparel manufacturing facilities and a leading apparel exporter, encouraged by duty benefits for exports from the

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