China’s Shaoxing to set up USD 7 mn textile factory in Qantara West
Some 90% of total production is earmarked for export
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Some 90% of total production is earmarked for export
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Hayat is gearing up to invest another USD 80 mn in two new local plants by the end of 2026
The factory will produce over 20 mn meters of fabrics annually, all of which will be exported
Assembly operations will begin in 2H 2026
The facility is billed as one of the largest wiring harness factories in the world
The factory will locally assemble the T1 and T2 Jetour models
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