60,000 Jobs in Brandix India Apparel City

Brandix India Apparel City (BIAC), located in the special economic zone at Vishakhapatnam in Andhra Pradesh will provide employment to 60,000 people after its full operation, according to chief minister, Mr. K. Rosaiah .
Inaugurating the apparel city on May 4, Mr. Rosaiah urged the BIAC authorities to fulfil its promise of providing those employment at the earliest. He said the government is providing training to youth under Rajiv Udhyogsree to make skill manpower available and had, so far, trained one million youth.
The chief minister said the state government has already allotted 1000 acre of land for the project. The centre has provided Rs. 36 crore under the union textile policy. BIAC would have 20 apparel manufacturing plants, three fabrics mills, eight accessories factories and one finishing plant. The apparel city would attract an investment of 1.2 billion US dollar (around Rs. 5,400 crore), the Sri Lanka-based promoter Brandix Group chief executive officer, Mr. Ashroff Omar said.
While two manufacturing units - Brandix Apparel India and Ocean India (US) - have already started exports, four others are at different stages of completion. These six companies on completion, would cumulatively invest about Rs. 315 crore for factory infrastructure development. Fabrics companies like, Fountain Set Holdings of Hong Kong, Pioneer Elastic India, Quantum Clothing Indi (UK), Dev Fashion India and Seeds Intimate Apparel India have come forward to set up joint ventures in BIAC. Vishakhapatnam would attract investment worth about Rs. 68,000 crore over the next five years and witness 71,000 new jobs being created.
The centre has already sanctioned six integrated textile parks for Andhra Pradesh, including one in Vishakhapatnam, Union Minister of State for Textiles, Mrs. Panabaaka Lakshmi said adding that BIAC would be the biggest textile park in South East Asia. The centre has allotted Rs. 397 crore to promote the integrated textile park in the country, she said. The centre has allotted Rs. 397 crore to promote the integrated textile park in the country, she said.