Arvind Limited has signed an MOU with the Government of Gujarat to set up an apparel manufacturing facility under the new Gujarat Apparel policy. Following a recent announcement by the Government of Gujarat with regards to the Garments & Apparel Policy 2017, Arvind Limited, one of India’s largest textile to retail conglomerates, headquartered in Ahmedabad, signed a memorandum of understanding with the Government of Gujarat (GOG) to establish a mega apparel factory. The 300-cr project in Dahegam will produce over 24 mn garments once it is fully operational.
The MOU was signed recently by the honourable Gujarat Chief Minister- Vijay Rupani and Arvind Limited’s Executive Directors – Kulin Lalbhai and Punit Lalbhai. Commenting on the MOU, 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 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.” Kulin Lalbhai said “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.”