Kanoria Africa Textile Plc, an Indian owned denim fabric manufacturer, started production following inauguration by Prime Minister Hailemariam Desalegn on Saturday, October 24, 2015.
The company, located on 155,000sqm plot of land at Keta Industrial Zone in Bishoftu (Debre Zeit), has so far invested 45 million dollars. It has the capacity of producing 12 million metres of denim a year, to be used for making garments. It intends to raise production capacity to 20 million metres in a year.
It was... Read More