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Brandix signs MoUs with Chinese textile companies
20
Apr '15
Visakhapatnam-based Brandix India Apparel City (BIAC) has joined hands with four Chinese players to facilitate direct investment in home textiles in its facility located at Atchuthapuram mandal in the district, according to media reports.
 
BIAC signed MoUs 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 during Andhra Pradesh chief minister Chandrababu Naidu’s recent visit to China to seek investments for the state. 
 
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 women’s innerwear and T-shirts.
 
Incidentally, 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. (SH)
 

Fibre2fashion News Desk - India

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