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Aditya Birla Fashion to start apparel manufacturing plant in Odisha: Report

20 Feb 2019 Evaluate

Aditya Birla Fashion and Retail is reportedly to start a new apparel manufacturing plant in Rayagda district of Odisha with an investment of Rs 114 crore. This unit will have a capacity to produce 3.6 million pieces of apparel per annum and will have potential to create over 2750 jobs.

Aditya Birla Fashion and Retail is engaged in providing branded fashion apparels and accessories, and the retail sale of clothing, footwear and leather articles in stores. It operates through two segments: Madura Fashion & Lifestyle, and Pantaloons. The company's brands include Louis Philippe, Van Heusen, Allen Solly and Peter England.

Peers
Company Name CMP
Avenue Supermarts 3355.00
Trent 3032.00
Vishal Mega Mart 90.20
PN Gadgil Jewellers 575.75
Aditya Birla Life 73.14
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