Arvind Ltd inks MoU with Gujarat govt to set up Rs 300 crore mega apparel factory, create 10,000 jobs
October 17, 2017
By Snehal Chokshi, Gandhinagar: Arvind Limited, one of India’s largest textile to retail conglomerates, headquartered in Ahmedabad, today signed a memorandum of understanding (MoU) with the Government of Gujarat (GOG) to establish a mega apparel factory.
The 300-crore project to be set up in Dahegam of Gandhinagar district will produce over 24 million garments once it is fully operational. It is likely to start production by the end of next year and create around 10000 jobs mostly for women.
The MOU was signed here by Chief Minister Vijay Rupani and Arvind Limited’s Executive Directors – Kulin Lalbhai and Punit Lalbhai.
Commenting on the MOU, Punit Lalbhai said, “Gujarat has always been a leader in textile manufacturing. The Gujarat apparel policy will have a far-reaching impact on helping the state forward integrate into apparel manufacturing and develop vertical solutions for global brands. This progressive policy from the Gujarat government will go a long way in making Gujarat a hub for the end-to- end textile and apparel value chain”
Kulin Lalbhai said “We plan to commence commercial production in the 4 th quarter of 2018 and we plan to create 10,000 jobs, a majority of which will be women. We are excited to support the Gujarat Apparel policy whose aim is to create 1,00,000 jobs in Gujarat. We are confident that with such a conducive policy Gujarat will emerge as a major destination for garmenting.”
DeshGujarat
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