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Arvind Limited to invest Rs 400 cr in Jharkhand mill

28 Oct '17
1 min read

Lalbhai Group-promoted textile company Arvind Limited will invest Rs 400 crore in Jharkhand to set up a textile manufacturing unit that will offer employment to nearly 10,000 youths, especially women. The announcement followed a recent meeting by company executive director and promoter Kulin Lalbhai with state chief minister Raghubar Das.

Das said the required land for the mill is being provided as the state government looks forward to create two lakh jobs, according to media reports emanating from the state.

Women need not go out of the state for work as they will be employed in the textile industry after training, Das said. The state government will initiate this in tasar silk production soon, he added. (DS)

Fibre2Fashion News Desk – India

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