K Rosaiah, Chief Minister of Andhra Pradesh, on 03 May 2010 inaugurated the Brandix India Apparel City (BIAC) located in the Andhra Pradesh Special Economic Zone at Achyutapuram, near Visakhapatnam.

The state government has allotted 1,000 acres of land for the project while the Centre has provided Rs 36 crore under the Union textile policy. BIAC, promoted by Sri Lanka based Brandix Group will have 20 apparel manufacturing plants, three fabric mills, eight accessories factories and one finishing plant. The apparel city is to attract an investment of $1.2 billion (around Rs 5,400 crore).

While two manufacturing units - Brandix Apparel India and Ocean India (US) - have already commenced exports, four others are at different stages of completion. These six companies, on completion, would cumulatively invest about $70 million (Rs 315 crore) for factory infrastructure development.

Fabric companies like Fountain Set Holdings of Hong Kong, Pioneer Elastic India Quantum Clothing Indi (UK), DEB Fashion India and Seeds Intimate Apparel India have come forward to set up joint ventures in the BIAC.

Related Links:
Project profile