Brandix India ties with 4 Chinese firms

In a bid to bring in more investments in its facility of home textiles in Andhra Pradesh, Brandix India Apparel City has joined hands with four Chinese players.
Brandix India ties with 4 Chinese firms

Brandix India Apparel City (BIAC) has signed an MoU with four Chinese players to facilitate direct investment in home textiles.The company has joined hands with 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 bring in investments in its facility located at Atchuthapuram mandal in Andhra Pradesh.

Spread over 1,000 acres, BIAC has 10 manufacturing units, including UK-based Quantum Clothing, Ocean India, Seeds Intimate Apparel, Pioneer Elastics, Shore to Shore, Vardhman Yarns and Threads Limited, International Trimmings and Labels, Ribest Ribbons and Bows (India) Private Limited, S&S Industries, Screenline Printing apart from three of its own units involved in manufacturing ladies underwear and T-shirts. 

The company also has an effluent treatment plant with a capacity of treating 56 million litres of effluent discharge, which is then piped 9 km and discharged offshore, according to details available on its website.

A Chinese delegation led by the secretary general of the China Chamber of Commerce along with senior officials of leading Chinese apparel and textile manufacturing companies had visited BIAC in 2013 to review the viability of Chinese companies setting up shop there due to the value proposition the facility offers.

Simultaneously, Kakinada SEZ has signed an MoU with Hangzhou Huatong Inc for setting up a toys manufacturing unit in Kakinada SEZ. The unit is expected to provide employment to 1,500 people and exports of USD 100 million are expected in the first year. An additional 5,000 people would be employed later taking the exports to more than USD 250 million in the subsequent 18 months, a release issued by the AP government said. 

Publish Date
Not Sponsored
Live: People Reading Now