Arvind Limited's Greenfield Garment Manufacturing Facility

Arvind Limited's inaugurated by Prime Minister Shri Narendra Modi state-of-the-art garment manufacturing facility in Varanasi, UƩar Pradesh, in the presence of Smt. Anandiben Patel, Hon’ble Governor of Uttar Pradesh, Shri Yogi Adityanath, Hon'ble Chief Minister of Uttar Pradesh, senior government officials and industry leaders. Developed with an investment of approximately ₹150 crore, the facility is Arvind's first manufacturing unit in Uttaar Pradesh. Spread across a sprawling landscape of 5.5 acres and with a total built up area of approximately 65,000 sq. ft, the plant has a revenue potentential of Rs 250 Cr and is expected to generate employment for over 1,000 people, predominantly women, and manufacture essential knitwear products using advanced automated sewing technologies. Opinion : This news will have positive impact on the stock price. Disclaimer : I do not hold this stock. This is not a buy,sell or hold recommendation.