The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) is organising the exhibition with the support of the ministry of commerce and ministry of textiles of India, the Embassy of India in Addis Ababa, local traders and various Ethiopian government wings. The trade fair is providing an opportunity to importers, buyers and agents in Ethiopia to source their requirements of various products from India.
Ethiopia does not have the infrastructure and expertise required for producing hand-made and blended textiles, thus there is a higher scope for India to increase its MMF textiles exports to the country, said the Indian Embassy in Addis Ababa in a press release.
Ethiopia imported textile and clothing worth $1145 million in 2015 and India's share in the total exports stood at $112 million, that is, 10 per cent of the total imports. Ethiopia imports MMF textiles worth $458.84 million of which, India's share was $74.32 million. Imports of made-ups from the world reached over $142 million in Ethiopia. Hence, there is tremendous scope to increase India’s market share in Ethiopia. (KD)
Fibre2Fashion News Desk – India