Ethiopia Sees The Knowledge And Financial Interests Of The Textile Sector In India

In the textile sector, India is considered to be a big textile country, so Ethiopia is watching India.

Departmental knowledge and financial interests.

Ethiopia is eager to attract investment from India in several sectors, including textiles. Zewdie, Ambassador of Ethiopia to India, said at a seminar organized by the Federation of India industries.

Zewdie said that in the past few years, India's investment growth in Ethiopia was due to Ethiopia's favorable trade policy and the potential for good profits.

So far, Ethiopia has attracted about $5 billion from India.

A cowboy clothing manufacturer in India is negotiating with the relevant government departments in Ethiopia to set up a manufacturing unit in Ethiopia.

The company plans to invest $100 million in Ethiopia, Africa cotton and

Rajeev Arora, executive director of the Federation said.

In Ethiopia, the textile and clothing sector has made significant progress in the past few years. Experts believe that the textile and clothing sector can gain a foothold in the world market by improving its quality.

The government of Ethiopia is ready to generate objective income from the textile and clothing sector.