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Arvind Textile to set up Bangladesh facility; invest $66 mn

27 Sep 2010 Evaluate

Arvind Mills will invest $66 million to set up a textile and garment manufacturing unit at the Comilla Export Processing Zone in Bangladesh. The company will invest $66 million in setting up the unit, which will produce textile and garment items. The unit will create employment opportunity for 3,170 persons, including 120 foreign nationals. An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the Arvind Textile Mills.crackcrack

Peers
Company Name CMP
Vardhman Textiles 486.70
Welspun Living 219.20
Arvind 491.15
Raymond Lifestyle 479.30
K.P.R. Mill 1115.00
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