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Two Indian leather development institutions said they were determined to make Ethiopia one of the top 10 countries in the world in shoe and leather manufacturing in three to five years.

Central Leather Research Institute (CLRI) and the Footwear Design and Development Institute (FDDI), Indian government institutions, are going to work with the Ethiopian Leather Industry Development Institute (ELIDI).

The Indian institutions said they would transfer technology and help accelerate the growth of earnings from Ethiopia's leather and leather products export.

The third India-Africa Forum is to be held in New Delhi from October 26 to 29, 2015, after a year from its original plan as a result of the outbreak Ebola virus in West Africa, according to the Indian Embassy to Ethiopia.

An Indian integrated textile manufacturing company, KPR Group, inaugurated its plant at Mekelle Industrial Park in the region of Tigray, Ethiopia. The plant cost KPR $2.5 million.

Indian business delegation which has 15 members from various sectors is to visit Addis Ababa, Ethiopia, according to the Indian Embassy in the Capital.

A high level business delegation from India made a visit to Addis Ababa last week. The delegation included representatives from 23 businesses many of whom were from the commercial capital of India, Mumbai.

Most of the businesses represented seem to be interested in capital intensive long term investment in a range of sectors such as sugar, energy, and mining.

The visit from the business delegation was organized through the Ethiopian Consulate in Mumbai.

Ethiopia shares the model of the Indian export driven economic strategy especially in light of the similar socio0economic and cultural settings shared by the two countries said Mulu Solomon, President of the Ethiopian Chamber of Commerce, and Sectoral Association.