Posts Tagged ‘agitation in Andhra’

Brandix Apparel City to attract Rs 5400 Cr

Tuesday, May 4th, 2010

BS Reporter / Chennai/ Visakhapatnam May 04, 2010, 0:37 IST

CM Rosaiah inaugurates the park in AP Special Economic Zone

Andhra Pradesh chief minister K Rosaiah on Monday inaugurated the Brandix India Apparel City (BIAC) located in the Andhra Pradesh Special Economic Zone here.

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.

Speaking on the occasion, Rosaiah asked BIAC, promoted by Sri Lanka-based Brandix group, to fulfil its promise of providing employment to 60,000 people at the earliest.

He said the government was providing training to youth under Rajiv Udhyogsree to make skilled manpower available and had, so far, trained 1 million youth.

BIAC would have 20 apparel manufacturing plants, three fabric mills, eight accessories factories and one finishing plant. The apparel city would attract an investment of $1.2 billion (around Rs 5,400 crore), said Brandix group chief executive officer Ashroff Omar.

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, he said.

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.

Visakhapatnam would attract investments worth about Rs 68,000 crore over the next five years and see 71,000 new jobs being created. During the last three years, Vizag district attracted Rs 17,000 crore in different sectors, said K Lakshmi Narayana, major industries minister.

The Centre has sanctioned six integrated textile parks for Andhra Pradesh, including in Visakhapatnam, said Panabaaka Lakshmi, Union minister of state for textiles, adding this was the biggest textile park in Southeast Asia. This year, the textile Budget is Rs 4,500 crore. The government has allotted Rs 397 crore to promote the integrated textile parks in the country, she said.

Source of this news is http://www.business-standard.com/india/

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Tirupur textile sector choked by agitation in Andhra

Wednesday, December 16th, 2009

Chennai: Telangana issue is creating problems for Tirupur’s apparel makers for the movement of goods by Andhra Pradesh roads. Trucks with textile material are stuck in the middle of their way and are not being able to reach their final destination at different locations of the country. This has lead to pilling of knitwear stock because the fresh bookings for consignments are stopped by the transporters.
Tamarind merchants from Erode too are suffering from similar situation that is blocked road reason being the prices of the tamarind have dropped badly somewhere by Rs 2,500/tonne. This was after the transporters did not made an attempt to take them to areas like Madhya Pradesh, Uttar Pradesh and Maharashtra where there is good market space for them.

Due to the agitations and losses, truckers are trying to fix problems by following other directions connecting one place to another.

According to a witness, somewhere around 100 trucks with readymade apparels loaded in them travel towards the northern portion of the country from Tirupur, Palladam and Somanur almost every day. Goods weight of each truck is between 8-16 tonnes.

President of Tirupur Lorry Owners Association, CN Ramasamy said that trucks neither entered nor moved through the Hyderabad highway. Reason behind the grinding halt existing in different areas of Andhra Pradesh is the development process going in Telangana.

R Sugamaran, spokesman at All India Motor Congress explained that in the interior portions of Nellore, Chittor, Ananthapur, Cuddapah and few other places the traffic has been disrupted and even the vehicle movements are delayed by few hours again due to the road blockage and agitations.

According to Ramasamy, the apparel prices would get affected in Andhra Pradesh during the Christmas and New Year festive time and a hike of around 25% is expected if the situation continues for long.

Nalthambi, President of State Lorry Owner Federation of Tamil Nadu expressed another fear that the trucks might have to pay more in order to get permits for crossing states. Amount payment might get raised from Rs5, 000 to 10,000 every year, said Nalathambi. He also explained that Erode farmers are very much worried about the prices of tamarind that has been declined in weight from Rs 13,460 per tonne around 2 weeks back to Rs 11,000 as a result of agitation in Andhra Pradesh.

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