Silver Spark Apparel Ethiopia now operational! | Apparel News Ethiopia
Home » News » Apparel Exporters News » Silver Spark Apparel Ethiopia Now Operational

Silver Spark Apparel Ethiopia now operational!


READ MORE ON Apparel ExporterEthiopia Apparel IndustryRaymond

Silver Spark Apparel Ethiopia

Image Courtesy:

Silver Spark Apparel Ethiopia, a wholly-owned subsidiary of Raymond, India-based textile and apparel conglomerate, has cut the ribbons of its Greenfield garment manufacturing facility at Hawassa Industrial Park (HIP) in Ethiopia. The inauguration was done by Hailemariam Desalegn, Prime Minister, Ethiopia along with Gautam Hari Singhania, Chairman & Managing Director, Raymond Ltd.

The state-of-the-art garment manufacturing facility will primarily cater to US and European markets and is expected to generate employment for over 2,500 people in the first phase. The workforce employed in this unit will be duly up-skilled by the highly experienced expatriate team from India.

With an investment of over Rs. 100 crore, the new facility is an epitome of Raymond’s aim to expand its presence across international markets. This capacity expansion will mark the company’s entry among the top five leading suit manufacturers in the world. Silver Spark Apparel Ethiopia is among other international investors who have set up their facilities in Ethiopia.

Also ReadIndustrial parks to brighten the future for Ethiopia

Commenting on this strategic move, Gautam stated, “Raymond is one of the world’s biggest comprehensively integrated textile and apparel conglomerate. With a clear direction of capacity augmentation, we continue to stay committed to Make in India and have invested in a Green Field project. It is a strategic decision to set up a garment manufacturing unit in Ethiopia to mitigate our risk as far as our exports are concerned. Reckoned for providing highest quality products, Raymond has earned the trust and respect of eminent brands across USA, Europe and Japan. In our endeavour to ensure price competitiveness, Ethiopia makes a compelling business case and enables us to serve our international customers. Leveraging the skill sets of garment manufacturing facilities on the domestic front, which are acquired over a period of time, this quantum leap into an international location for manufacturing has been triggered by both core competence and business considerations.”

The duty free access in key export markets such as USA and Europe provides the opportunity to Raymond to be globally price competitive by setting up a plant in Ethiopia. In addition to this benefit, The Federal Democratic Republic of Ethiopia offers manpower at a highly competitive rate, highly subsidized power, readymade industrial sheds that considerably reduces capital expenditure.


Have some news? Let us know on

Recommended by Apparel Resources

India’s Banga Knitwear invests in cutting room technology

Indian sportswear manufacturer, Banga Knitwear, is investing in CAD (Computer-Aided...

India’s CA Patel Textiles forays into garment manufacturing

Gujarat-based CA Patel Textiles has ventured into casual and...

Canada Goose sets up new factory

Canada Goose, an internationally recognized brand for high quality apparel and extreme weather outerwear, has opened of its fifth factory in Canada and...

Triton Textiles taps WFX as global technology partner

40-year-old Triton Textiles, a garment exporter based in China, has opted for WFX Cloud ERP to modernize its business operations and gain flexibility...

Prabhakar Overseas looking to explore new segments

Based in Noida, UP, India, garment exporter Prabhakar Overseas Group also has an office in California too. It is now planning to explore some good opportunities in ethnic wear, footwear...

Indian T&C industry needs more knowledge sharing sessions

Garment and textile industry of India has urged the Government to conduct more knowledge sharing programmes. To drive growth, increase technical potential and...

Versatile Clothing Company opts for Speed Step’s Design Suite

Tirupur (India)-based Versatile Clothing Company, a leading manufacturer of cotton knitted hosiery garments, has decided to implement Speed Step’s Design application bundle. Intuitive and easy...

Strawberry Clothings exploring opportunities in Canadian market

Noida (India)-based apparel exporter Strawberry Clothings (a unit of Shatabadi Exports) is exploring new markets, improving its work culture and increasing...

Pan Brothers to set up new factories

Indonesia-based textile and garment exporter Pan Brothers has announced an investment plan of US $ 35-37 million for 2017. “US $ 30 million...