Aditya Birla Fashion and Retail (ABFRL) is investing Rs 114 crore to set up a new apparel manufacturing plant in Rayagda district of Odisha with potential to create over 2750 jobs. This unit will have a capacity to produce 3.6 million pieces of apparel per annum. The plant will be financed 30 per cent by equity and balance 70 per cent by term loan. The project will be implemented within 24 months from the date of approval.
ABFRL sells in-house brands such as Louis Philippe, Allen Solly, Peter England and also operates the fashion retail chain Pantaloons. The company’s first unit in Odisha has a capacity of four million shirts per annum and employs around 2,000 employees who are mostly women.
