India-based textile and garment manufacturing company Arvind Limited has inaugurated the first unit of Rampur Arvind Smart Textile. The manufacturing unit is set up in Ranchi. It has an annual capacity of 16 million.
To double the company’s revenue from the textile business to Rs. 120 billion, Arvind Limited aims to invest Rs. 5 billion per annum in the next five years.
Jharkhand Chief Minister Raghubar Das inaugurated the factory which will create 7,500 job opportunities in the region.
The CM apprised that the local artisans have been trained under skill development programmes to be well-equipped for the upcoming employment prospects.
“The impact of the government’s efforts on skill development is also in front. People are getting employment in their home. Earlier, girls had to go to another State for jobs of Rs. 7-8,000. Now they will get employment of 12-13,000 in their house,” reportedly said the Minister.