Gokaldas Exports has entered into a Memorandum of Understanding (MoU) with Government of Andhra Pradesh for setting up of four apparel manufacturing units over a period of next three years in Chittoor District involving an investment of approximately up to Rs 200 crore which is likely to generate approximately 5,000 new jobs.
The said investment is however subject to such terms and conditions as requested and sought by the company including appropriate infrastructural support and relevant incentives and subsidies being made available to the company with the Government of Andhra Pradesh.
Gokaldas Exports is the largest exporter of garments in India. The company manufactures blazers and pants (formal and casuals), shorts, shirts, blouses, denim wear, swim wear, active and sportswear.
