Rivatex East Africa was a sick textile factory. The Indian company was awarded the contract for supply, installation, testing and commissioning of plant, machinery and equipment. In less than three years of signing the line of credit agreement, Rivatex has been upgraded to post an almost tenfold increase in its capacity.
Once fully operational, the factory is expected to revive Kenya''s textile industry -- by generating direct employment as well as helping increase incomes of cotton growers in 22 counties, along with strengthening of forward and backward linkages.
India and Kenya have bilateral cooperation in multiple sectors such as education, health, industrial and infrastructural development, culture and others. Lakshmi Machine Works provides spinning technology to Indian textile mills. The company is a leading textile machinery manufacturer and has brought out various innovative products during the year and worked towards its three pillars – automation, digitisation and sustainability – with a greater focus on after sales and service. The after sales and parts and components business have grown significantly during the year. Exports to markets like Bangladesh, Kenya and Vietnam have doubled. Currently exports sales contribute to more than 40 per cent of the total revenue.
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