After Jharkhand, Arvind Ltd. will expand in Andhra Pradesh
Moving towards expansion, Indian textile and apparel conglomerate Arvind Ltd. is now making investments in Chittoor (Andhra Pradesh). The Group is also expanding on retail front. With initial investments of
Rs. 250-300 crore, the company plans to install a capacity of 24 million pieces of shirts and jeans per annum in the state. For this the company will have 100-125 acres of land. This initiative is expected to create 15,000 jobs in the first phase. In this regard, recently a MoU was signed between the Andhra Pradesh Economic Development Board and Arvind Ltd. Arvind will also set up an integrated apparel and textile park in Chittoor and also focus on skill development. Just 6 months ago, the Group also announced Rs. 400 crore expansions in garmenting in Jharkhand to produce nearly 24 million garments annually. On the other side, Arvind Lifestyle Brands also announced the launch of 17 Gap shop-in-shops through multi-brand retailers. Through this, the company will accelerate the availability of the products around the country, including several locations in key Tier II and III markets. With this, Gap’s shop-in-shop format will be introduced in India.
In India, Arvind Lifestyle Brands is master franchisee of US-based apparel brand Gap.