Kanoria Africa Textiles sets up denim fabric plant in Ethiopia

Kanoria Africa Textiles Plc, a wholly owned subsidiary of Kanoria Chemicals & Industries Ltd, has set up an integrated denim project at Bishoftu, Ethiopia.

This plant in Ethiopia has set up to manufacture denim fabric, which is the first such project in East Africa.

The plant has 16 acres of land 50 km off the Ethiopian capital Addis Ababa.

The plant has set up at a cost of $50 million which will have the capacity of producing 12 million metres annually.

The unit has spinning (1440 rotors), weaving (60 looms) units, a dyeing facility and a finishing line.

The plant also has access to local long-staple cotton, low-cost energy, duty-free access to the US, Canada and EU and tax incentives.

Hailemariam Desalegn, Prime Minister of Ethiopia, inaugurated the denim fabric plant on 24 October 2015.

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