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Arvind Limited initiates operations at its new large garmenting hub in Gujarat
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Arvind Limited initiates operations at its new large garmenting hub in Gujarat

India Blooms News Service | @indiablooms | 27 Nov 2018, 02:55 pm

Kolkata / Gujrat, Nov 27 (IBNS): Arvind Limited, the $1.7 billion textile-to-retail conglomerate, on Tuesday announced the launch of its largest garmenting hub in Gujarat, as part of its capacity expansion strategy, with two manufacturing facilities in Bavla near Ahmedabad.

A third facility will commence operations over the next few weeks.  These manufacturing facilities, set up with an investment of INR 350 crore, will further strengthen Arvind’s leadership position in the global textiles and garmenting market as an integrated fibre to fashion provider and solutions provider to global retailers and brands.  These facilities will add a capacity of 3 million garments per month to the company’s current garmenting operations and generate additional revenues of INR 1,000 crore.


These garmenting facilities will employ 12000 people as operations reach optimal capacity. Many more ancillary jobs are expected to be created around these large-scale facilities.  Textiles and garmenting sector is being seen as a significant provider of employment in the near term in India as the country ramps up its capacity in this sector.  Gujarat has always been at the forefront of the textiles value chain.  The state’s progressive textile policy has seen Gujarat become the leader in cotton production, spinning and fabric production.  Now, with a supportive garment policy, the state is poised to become a large garmenting hub as this part of the global textile value chain becomes large in India.  Arvind is leading this movement and the commencement of operations at the new facilities in Gujarat is a significant step towards this.

Applauding Arvind Limited for its forward-looking approach, Chief Minister of Gujarat, Vijay Rupani, said, “Setting up of the garmenting hub by Arvind is a progressive development for the State of Gujarat. These facilities will help in creating employment opportunities for inclusive development of the state. The State government, through the new garment policy, aims to attract INR 1 lakh crore in investment and create 10 lakh jobs in the next five years. Our government will continue to provide support for all initiatives towards fulfilment of this goal.”

Speaking on the launch, Sanjay Lalbhai, Chairman and Managing Director of Arvind Ltd, said, “At present only 10% of the fabrics we produce are converted into garments. Our aim is to convert 50% of our fabrics into garments over the next 5 years. Bavla facilities are a step in this direction. These facilities will also contribute to the company’s foray into performance and functional wear (active wear) and synthetics. These new facilities are one of the several we are planning to create over the next few years. We are grateful to the Government of Gujarat for a favourable garment policy that has created a conducive environment for business.”


 

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