Country's top denim manufacturer Arvind Mills will invest and set up manufacturing unit in Jharkhand. Chief Minister Raghubar Das on Monday said after meeting with Arvind Mills Promoter Kulin lalbhai that the denim manufacturer will invest Rs 400 crore in State for setting up manufacturing unit.
He said the unit for which land is being provided will be started on November 30 this year itself and it will employ approximately 10,000 youths, primarily women, from weaker sections of society. Das said that the government looked forward to create 2 lakh new jobs in the State.
lalbhai said that youths will be trained and given jobs by the largest fabric maker mill of the nation. He also appreciated the Government's policy on textile and industry. The CM said that women need not go out of the State for work as they will be employed in textile industry after training. He added that the Government will initiate this in tasar silk production soon. "Intermediate passed students from Kasturba will be given jobs in such mills," said the CM.
Notably, Arvind Mills is another textile major eyeing big from the State after Orient Craft limited (OCl) signed Memorandum of Understanding (MoU) with the State Government to set up a textile park in the State. The company, which has already started a unit in Irba (Ormanjhi), is in process of on setting up a textile park to be spread in 25 acres of land at Hotwar at an investment of Rs 200 crore, which would create 15,000 direct jobs.
Arvind Mills sells some of the most trusted brands like GAP Inc, Tommy Hilfiger, Flying Machine, Arrow and many others and also supplies its denim fabric to many brands in India and in the world. It has signed an agreement with Khadi to buy 10 lakh meters of fabric this year.
Chief Secretary Rajbala Verma, Industries Secretary Sunil Barnwal and Director K Ravi Kumar, Arvind Mills CEO Tapan Raj Vanshi, CEO (Denim Fabrics) Amir Akhtar, Nitin Seth and others were also present on the occasion.