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This is an archive article published on May 3, 2010

Andhra apparel city opens today

Andhra Pradesh is set to receive a major boost to infrastructure development in its efforts to become the Preferred Global Sourcing Hub for the apparel industry in the country.

Andhra Pradesh is set to receive a major boost to infrastructure development in its efforts to become the Preferred Global Sourcing Hub for the apparel industry in the country. Chief minister K Rosaiah,who will inaugurate the Brandix India Apparel City (BIAC),the state-of-the-art apparel supply chain city at Achyutapuram,50 km from Visakhapatnam on Monday,said today that the state is projected to attract an overall investment of Rs 70,000 crore with an expected employment potential of 25 lakh in the coming years. Brandix India Apparel is the Indian manufacturing arm of Brandix Sri Lanka.

Rosaiah,who in his capacity as the finance minister in the YSR government visited Sri Lanka to impress upon the apparel major the need to invest in Visakhapatnam,said the natural gas potential in the Krishna-Godavari basin in the North-east belt of the state has been promoted as a major industrial corridor with major projects such as the AP Special Economic Zone,a multi product SEZ,Jawaharlal Nehru Pharma City,Brandix Apparel City,Kakinada Multi product SEZ,expansion projects of Visakhapatnam Steel Plant,HPCL,etc.

 

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