Arvind has signed a Memorandum of Understanding (MoU) with the Gujarat government to set up a mega apparel park with an investment of Rs 300-crore in Dahegam in Ahmedabad district in state of Gujarat. The MoU has been signed days after the state government announced its garments and apparel policy, 2017.
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 is India’s largest integrated textile player and is one of the oldest and most respected groups in the Textile Business in India. The company is also one of the largest producers of denim fabrics and is supplier to a large number of fashion brands in the world.
