Arvind Limited has signed an MOU with the Government of Gujarat to set up an apparel manufacturing facility under the new Gujarat Apparel policy
Following a recent announcement by the Government of Gujarat with regards to the Garments & Apparel Policy 2017, Arvind Limited, one of India’s largest textile to retail conglomerates, headquartered in Ahmedabad, signed a memorandum of understanding with the Government of Gujarat (GOG) to establish a mega apparel factory. The 300-crore project in Dahegam will produce over 24 million garments once it is fully operational.
The MOU was signed today by the honourable Gujarat Chief Minister- Mr Vijay Rupani and Arvind Limited’s Executive Directors – Mr. Kulin Lalbhai and Mr Punit Lalbhai. Commenting on the MOU, Mr 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”
Mr. Kulin Lalbhai said “We plan to commence commercial production in the 4th 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.”
About Arvind Limited:
Arvind Limited, one of India’s largest integrated textile and Apparel Company with a strong presence in branded garments and is one of the largest manufacturers an exporters of textiles products with a turnover of nearly US$ 1.5 billion in FY 2016-17. Arvind has an unmatched portfolio of owned and licensed brands. The company’s own brands include Flying Machine, Unlimited among others, while its licensed product brands include big global names, such as Tommy Hilfiger, Calvin Klein, Arrow, Gant, Nautica, IZOD, US Polo Assn, Hanes, Sephora, The Children’s Place and Gap, and Aeropostale to name a few.