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Arvind signs MoU with Guj to set up a mega apparel park

YarnsandFibers News Bureau 2017-11-08 17:00:00 – Ahmedabad

Arvind Limited, one of India’s largest integrated textile and apparel major has signed an MoU with the Gujarat government to set up a mega apparel park with an investment of Rs 300-crore in Dahegam in Ahmedabad district.

The MoU was signed after the state government announced its garments and apparel policy, 2017. The MoU was signed in presence of Chief Minister Vijay Rupani and Arvind Limiteds Executive Directors--Kulin Lalbhai and Punit Lalbhai.

The governments policy envisages achieving textile-to-garment value chain of 5 Fs -- farm, fibre, fabric, fashion, and foreign markets, said the release.

The "mega apparel facility" will be a "first-of-its-kind" which will employ more than 10,000 people. The park is expected to commence commercial production in the fourth quarter of 2018-19 financial year and will produce over 24 million garments once it is fully operational.

Arvind plans to commence commercial production in the fourth quarter of 2018 and they plan to create 10,000 jobs, a majority of which will be women.

Kulin Lalbhai said that they are excited to support the Gujarat Apparel Policy which aims to create 1 lakh jobs in the state.

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