From February 14 -16, 2020, Picanol participates in the Textile machinery Exhibition ITME Africa2020 at Millennium Hall, Addis Ababa, Ethiopia. The event is organised by the India ITME Society in partnership with the Ethiopian Chamber of Commerce and Sectoral Associations.
ITME Africa has the ambition to become the focal point and catalyst for economic growth, employment generation and technology up-gradation in Ethiopia and other countries in Africa.
Ethiopia in particular offers a lot of advantages for investors. The country has the cheapest environment friendly hydroelectric power supplies in the world, a very competitive labor potential in terms of cost and availability, a vast production of organic cotton and last but not least, they enjoy duty/quota free towards EU and US. These combined have already resulted in impressive average economic yearly growth of 11% in the last 12 years, which is a proof of the possibilities in the region and greater Africa.
Upgrading the textile Industry in these new industrial countries certainly needs special attention, not only to determine the right technology but also by providing all services around: such as consultancy during the project study, the installation itself, the training at all levels. Having all these products, services and specific expertise, Picanol is very well positioned to further support the industrial development in Ethiopia and the African market and to “grow together” with its customers..
To find out more, please visit Picanol at booth N° E39.
Picanol will be present with an info booth, where potential investors and other stakeholders can get all information on the brand new Omniplus-i airjet weaving machine, on the Optimax-i – the world’s most reputed rapier machine, and on the GTMax-i 3.0, the youngest and most performing generation of the famous GTMax rapier family. Our worldwide service and aftermarket presence guarantees customers in any country a long life of our products, continuing to run at maximum performance.