Corporate News 20-Jun-17
Raymond sets up greenfield garment manufacturing facility in Ethiopia
Set up primarily to cater to US and European markets
Silver Spark Apparel Ethiopia PLC, a wholly owned subsidiary of Raymond inaugurated its Greenfield garment manufacturing facility in Ethiopia. Set up at Hawassa Industrial Park (HIP), with an investment of over Rs 100 crore, this foray is in line with the Group's ambitions to increase its presence across International markets. This state of the art garment manufacturing facility will primarily cater to United States of America and European Markets.
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