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06 January 2022, Mumbai:
The textile sector of ARISE Integrated Industrial Platform (IIP), UAE, has become a new Corporate Member of The International Textile Manufacturers Federation (ITMF).
ARISE IIP is recognised for identifying industrial gaps in African countries so that value may be unlocked and new industries can be created.
The goal is to industrialise critical industries by implementing local transformations that increase output, efficiency, and cost, resulting in local value addition.
ARISE
IIP in Gabon, Benin, and Togo aims to improve exports, facilitate local raw material transformation, and stimulate commerce through tailor-made special economic zones. ARISE IIP will focus on developing value chains for the textile sector in Benin and Togo, from raw material procurement through resource transformation, manufacturing, and exporting finished goods.
ITMF
is the worldwide forum for the global textile value chain, founded in 1904. Its members are from nations that produce 90 percent of the world's textiles and clothing.
"By joining ITMF, we have access to all important participants in the worldwide textile and apparel value chain," stated Rajaguru Raja, CEO of ARISE IIP (Textile Division).
The globe is becoming increasingly interconnected. As a result, coordination and knowledge of the global textile value chain's complexity and volatility are critical."
"By becoming a Corporate Member of ITMF, ARISE IIP will benefit from a unique worldwide network, the experience of ITMF, and an international platform for the global textile value chain where international trends are debated," said Dr. Christian Schindler, DG, ITMF.
Arise's operations in West Africa would also assist ITMF and ITMF members."
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