The Ethiopian Textile Industry Development Institute (ETIDI ) said that lack of input supply, skilled manpower and quality manufacturing processes are the major hurdles that limit sector revenue generation potential.
Opening a two-day technical seminar on Process Optimization in Textile Wet Processing Industry yesterday, Institute Director General Sileshi Lemma said that the annual revenue the country earns from the sector has reached over 120 million USD.
The government is striving to make the textile sector vibrant and significant contributor to the national economy. “Our polices and strategies underline that the sector including cotton are top priority. The textile sector will play paramount importance in boosting the country's economy."
Sileshi further said that Ethiopia is working to be the hub of light manufacturing industry by 2025 and efforts are underway to develop the sector by creating conducive environment for investors. Read more. Source | Ethiopian Herald