Arvind Ltd., one of India’s largest textile conglomerates, has made tremendous progress across all business units during FY18. The group is setting up a mega apparel park in Ahmedabad, investing in Ethiopia and more recently has announced a joint venture with Adient for automotive fabrics.
Arvind is setting up a mega apparel factory in Gujarat taking advantage of the Apparel policy announced by Gujarat government. The Rs. 300-crore project in Dahegam will produce over 24 million garments once it is fully operational. The Gujarat Apparel Policy will have a far-reaching impact on helping the State integrate into apparel manufacturing and develop vertical solutions for global brands. This progressive policy will go a long way in making Gujarat a hub for the end-to-end textile and apparel value chain.
Arvind plans to commence commercial production in the 4th quarter of 2018 and will create 10,000 jobs, a majority of which will be for women. Arvind has also indicated that it would be investing close to Rs. 100 crores in Ethiopia to set up garment manufacturing plants in phase-1.
Adient joint venture
Adient, the global leader in automotive seating, and Arvind Ltd., have announced the formation of Adient Arvind Automotive Fabrics, a joint venture that will develop, manufacture and sell automotive fabrics in India.
Adient Arvind Automotive Fabrics will be based in Ahmedabad where it will manufacture high-end performance fabrics for automotive seating systems at a world-class fabric manufacturing facility. The joint venture will benefit from synergies between Adient and Arvind, each bringing industry-leading technology and design capabilities in their respective fields.