Arvind Textile to set up facility in Bangladesh; invest $66 mn
Arvind Mills will invest $ 66 mn to set up a textile and garment manufacturing unit at the Comilla Export Processing Zone in Bangladesh.
By PTI |
DHAKA: Indian firm Arvind Mills will invest USD 66 million to set up a textile and garment manufacturing unit at the Comilla Export Processing Zone in Bangladesh.
The company will invest USD 66 million in setting up the unit, which will produce textile and garment items.
The unit will create employment opportunity for 3,170 persons, including 120 foreign nationals.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the Arvind Textile Mills Limited in BEPZA Complex in the city today.
Mohammed Moyjuddin Ahmed, Member (Investment Promotion) of BEPZA and Aamir Akthar, CEO-Denims of Arvind Textile Mills Limited, signed the agreement on behalf of their respective organisations.
The company will invest USD 66 million in setting up the unit, which will produce textile and garment items.
The unit will create employment opportunity for 3,170 persons, including 120 foreign nationals.
An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the Arvind Textile Mills Limited in BEPZA Complex in the city today.
Mohammed Moyjuddin Ahmed, Member (Investment Promotion) of BEPZA and Aamir Akthar, CEO-Denims of Arvind Textile Mills Limited, signed the agreement on behalf of their respective organisations.
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