Tirupur’s apparel manufacturing company ITCRmg is investing $35 million in Togo. The investment is expected to generate $40 million worth of export value on an annual basis and 2,000 direct jobs.
A new company ‘Togo Clothing Company’ (TCC) has been formed for this and the plan is to set up 750 flat knitting machines in the Adetikope Industrial Platform (PIA) in Togo. It will be a world-class knit garment.
This new facility will lay a special emphasis on women empowerment. Technical training, skill development and streamlining the local supply chain, resulting in increased margins and reduced carbon footprint as part of our sustainability initiative, would be the immediate highlights of the project.
TCC will be a part of PIA’s state-of-the-art sustainable textile park, which will provide services along the cotton value chain from traceable cotton supply, renewable energy (including solar panels) and best in class logistic infrastructure.
The construction of the factory will start in November 2021 and is expected to be operational in May 2022.