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Four company show keen interest to invest in Brandix textile park

Related Keywords: apparel, BIAC, Brandix India Apparel City, CII Partnership Summit organized at Visakhaptnam, elastics and packaging material, establish manufacturing units, Four company show keen interest to invest, generate jobs, manufacture and export lace, signs four MoUs, state government, two Chinese companies and two Indian companies

Brandix India Apparel City (BIAC) signs four MoUs with the State government during the CII Partnership Summit-2017 organized at Visakhaptnam on January 27 and 28 at APIIC grounds with an investment of Rs. 250 crore to create 3,000 new jobs.

The MoUs are related to establishment of two Chinese companies Leung Fung Textiles and Tian Yuan, and two Indian companies Aggarwal Elastics and Manav Packaging in the Textile Park located at Atchutapuram near here.

Brandix India inks MoUs with Chinese firms to garner investment in home textiles

Related Keywords: BIAC, Brandix India Apparel City, Chinese apparel and textile manufacturing companies, direct investment, effluent treatment plant, four Chinese firms, home textiles, manufacturing ladies underwear, manufacturing units, sign MoUs, T-Shirts

Brandix India Apparel City (BIAC) signs MoUs with four Chinese players, Jiangsu Kingday Textile Co Limited, Zhejiang Hengyuan Chemical Fiber Group, Kunshan Rising Textile and Garment Co Limited as well as Sumec Textile and Light Industry Co Limited to facilitate direct investment in home textiles in its facility located at Atchuthapuram mandal in the district.

BIAC signed MoUs with Chinese players on Friday during CM N Chandrababu Naidu's visit to China to garner investments for AP.

Textile parks held up owing to lack of environmental clearance and power shortage

Related Keywords: Brandix India Apparel City, enviromental clearance, Hindupur Vyapar Apparel Park, Indian textile industry, Integrated textile park, State textile ministers conference

The state textiles ministers’ conference was held on Tuesday to discussion on the status of integrated textile parks, launched with major concern for textile industry a couple of years ago. A statement was released at the meeting that about a dozen of textile parks in Andhra Pradesh, Tamil Nadu, Maharashtra, West Bengal and Rajasthan are stuck with state governments.

These textile parks are being set up under public-private partnership during the 12th five-year plan as part of the government’s vision to push textiles exports to $300 billion by 2025 from the current $39 billion.

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