New carpet factory to appear in Dagestan

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The republican Ministry of Industry and Trade has announced plans for the establishment of a new carpet manufacturing facility in Dagestan, scheduled to commence operations within a three-year period spanning from 2025 until 2028.

This new production facility will be opened in Kaspiysk, nestled within the confines of the KIP Prom Kaspi industrial park. With an estimated investment amounting to approximately RUB 1.8 billion, this venture is projected to create up to 150 new jobs for the locals.

Carpet-making is a cherished craft deeply rooted in the cultural fabric of Dagestan. The project aims to introduce innovative designs that are not only locally produced but also competitively priced, effectively displacing imported carpets. When the factory reaches its maximum capacity, it is expected that the volume of production will increase, the expenses related to logistics will decrease, and the profitability of the products will significantly improve.

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