ENA Global 2017-07-22 10:45:40 <p><strong>New Delhi, July 22 (KNN) </strong>In a bid to attract investments, the African country Ethiopia has extended invitation to the Indian textile entrepreneurs to set up the units in their country.</p> <p>The proposal was extended during a recent visit of the Ethiopian delegation headed by Bogale Feleke Temesgen, Ethiopian State Minister of Industry, and Sileshi Lemma Bekele, Director General of Ethiopian Textile Industry Development Institute.</p> <p>During the meeting, the delegation interacted with the Southern India Mills Association and explored various possibilities of channelizing investment.</p> <p>The Minister from Ethiopia informed that the country has a land spread of over three million hectares that is suitable for the growing of cotton, which is underutilized as there are not many textile producing units in the country.</p> <p>He added that the Ethiopian government is willing to offer both power and land on competitive prices on 60-80 years lease to the Indian investors.</p> <p>Also the African country is developing 13 industrial parks with some Indian investors already a part of the project. <strong>(KNN/ DA)</strong></p> 17612 http://knnindia.co.in/news/newsdetails/global/come-and-make-in-ethiopia-ethiopian-minister-to-indian-textile-industry 2017-07-22 10:45:40 knnindia.co.in