Following the recent announcement of the Gujarat Garments & Apparel Policy 2017, Arvind Ltd., one of India’s largest textile conglomerates, based in Ahmedabad, signed a memorandum of understanding (MoU) with the State Government to establish a mega apparel factory. The Rs. 300-crore project in Dahegam will produce over 24 million garments once it is fully operational.
The MoU was signed by the Gujarat Chief Minister, Mr. Vijay Rupani, and Arvind Ltd.’s Executive Directors, Mr. Kulin Lalbhai and Mr. Punit Lalbhai.
Commenting on the MoU, Mr. Punit Lalbhai said: “Gujarat has always been a leader in textile manufacturing. 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”.
Mr. Kulin Lalbhai observed: “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 for women. We are excited to support the Gujarat Apparel Policy whose aim is to create 1,00,000 jobs in the State. We are confident that with such a conducive policy Gujarat will emerge a major destination for garmenting.”