 "Arvind frames expansion plans, announces 16-mn garment facility in Ranchi")
Albeit at a mere 5 per cent as on date, the $1.7-billion textile-to-retail conglomerate Arvind is preparing for a boom in its domestic garmenting business by adding capacities across states in India.
After adding 36 million garments per annum capacity in Gujarat, making it the largest hub in the state last month, the company has now announced a 16-million annual garment manufacturing facility in Ranchi, Jharkhand, at an investment of Rs 3 billion.
The announcement is part of Arvind’s plans to set up large garmenting hubs in Gujarat, Jharkhand, and Andhra Pradesh, with each of the clusters employing nearly 10,000
