Chief Minister of India\u2019s West Bengal state Suvendu Adhikari recently laid the foundation stone for a \u20b96-billion (~$62.7 million) garment manufacturing hub by Lux Industries in the Dankuni area of Hooghly district.<\/p>\n
\u201cWith a massive investment of \u20b9600 crore, this project is more than just infrastructure; it is a promise of opportunity. This expansion is set to create thousands of direct and indirect jobs, empowering our local youth and strengthening our economy,\u201d Adhikari announced on microblogging platform X.<\/p>\n
The expansion project under the Lux Cozi vertical will transform the existing 800,000-sq-ft unit into a 2-million-sq-ft integrated manufacturing campus.<\/p>\n
The foundation stone for a $62.7-million garment manufacturing hub by Lux Industries in Dankuni in West Bengal’s Hooghly district was recently laid.
\nThe Lux Cozi expansion project will transform the 800,000-sq-ft unit into a 2-million-sq-ft integrated manufacturing campus.
\nIt will add an annual production capacity of 200 million garment pieces, boosting the group’s annual capacity to 360 million. <\/p>\n
The new facility will add an annual production capacity of 200 million garment pieces, boosting the group\u2019s nationwide annual capacity from around 120 million pieces to approximately 360 million, an official statement from the company said.<\/p>\n
\u201cThe company\u2019s revenue expectation is around \u20b91000 crores ($104.5 million), and approximately 9,000 families will get jobs here,\u201d Lux Industries director Saket Todi said. The project is expected to generate 3,000 direct jobs and 6,000 indirect jobs.<\/p>\n
\u201cThe Dankuni facility will not only strengthen our production capabilities but also create meaningful employment, accelerate regional industrial development, and contribute to India\u2019s emergence as a global textile and apparel manufacturing powerhouse,\u201d the group\u2019s chairman Ashok Todi said.<\/p>\n
<\/p>\n
Fibre2Fashion News Desk (DS)<\/p>\n
\n <\/p><\/div>\n
\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Chief Minister of India\u2019s West Bengal state Suvendu Adhikari recently laid the foundation stone for a \u20b96-billion (~$62.7 million) garment manufacturing hub by Lux Industries in the Dankuni area of Hooghly district. \u201cWith a massive investment of \u20b9600 crore, this project is more than just infrastructure; it is a promise of opportunity. This expansion is…<\/p>\n","protected":false},"author":1,"featured_media":30126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-30125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/30125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=30125"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/30125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/30126"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=30125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=30125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=30125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![](\"https:\/\/static.fibre2fashion.com\/Newsresource\/images\/311\/lux_323295.jpg\")
<\/p>\n