Ahmedabad based textile company Arvind Ltd. signed a memorandum of Understanding (MoU) with the Gujarat Government to set up a mega apparel factory that will employ over 10,000 people — a majority of which will be women.
The proposed Rs. 300 crores (US$46 mn) project will be set up at Dahegam in Ahmedabad District and produce over 24 million garments once fully operational.
The move to sign the MoU with the Gujarat government followed close on heels the Gujarat government’s announcement of its new Garment and Apparel Policy, 2017.
The MoU was signed on October 17, 2017 by the Gujarat Chief Minister, Vijay Rupani and Arvind Limited’s Executive Directors, Kulin Lalbhai and Punit Lalbhai.
The policy envisages achieving textile-to-garment value chain of 5 Fs: Farm, fibre, fabric, fashion and foreign markets, a company spokesperson announced.
Arvind Limited’s Executive Director Punit Lalbhai discussing the MoU said, “Gujarat has always been a leader in textile manufacturing. The Gujarat apparel policy will have a far reaching impact on helping the state forward integrate into apparel manufacturing and develop vertical solutions for global brands. This progressive policy from the Gujarat government will go a long way in making Gujarat a hub for the end-to-end textile and apparel value chain.”
Arvind Limited’s Executive Director Kulin Lalbhai announced, “We plan to commence commercial production in the 4th quarter of 2018 and we plan to create 10,000 jobs, a majority of which will be women. We are excited to support the Gujarat Apparel policy whose aim is to create 1,00,000 jobs in Gujarat. We are confident that with such a conducive policy Gujarat will emerge as a major destination for garmenting.”