Textile company Arvind Ltd on Wednesday announced the launch of its largest garment hub in Bavla, 30 km from Ahmedabad, investing Rs 350 cr that the company said would generate additional revenues of Rs 1,000 Cr. The $1.7 billion textile-to-retail conglomerates have set up 2 manufacturing facilities in the region and said a third facility will commence operations over the next few weeks.
These facilities will add a capacity of 3 million garments per month to the company’s current garment operations, the company said. These garments facilities will employ 12000 people as operations reach optimal capacity.
CMD Sanjay Lalbhai 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 year. “These new facilities are one of the several we are planning to create over the next few years,” he said