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Arvind Ltd signs MoU to set up facility in Chittoor
andhrapradesh | Suryaa Desk | Published : Mon, Mar 05, 2018, 04:02 PM
Arvind Ltd signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (AP-EDB) on Sunday for the establishment of a state-of-the-art integrated apparel and textile facility in Chittoor district.
The pact was signed by Arvind Ltd Executive Director Kulin Lalbhai and EDB CEO J. Krishna Kishore. Mr. Kishore stated in a press release that the Arvind facility would be established in a phased manner to produce 24 million pieces of shirts and jeans per year with an initial investment of nearly ?300 crore.
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