The Hindu Business Line : Work begins on Vizag apparel park

WORK has begun on the apparel park at Gajuwaka near here and it is expected that production will begin within 4-5 months in some of the units, according to Mr Srikanth Prabhakar, the park administrator.

In an interview here on Monday, he said the Government would invest Rs 26.42 crore on the park in phases to develop the requisite infrastructure and lease out the plots.

"So far, 23 entrepreneurs have applied for plots in the park and have been given permission. Three of them have already been registered - Swarnag Apparels (Visakhapatnam), Hirawat Textiles (Visakhapatnam) and Volta Fashions (Hyderabad).

They have started work on the projects and we expect them to become operational in 4-5," he said.

He said the park was being developed in 145.6 acres at Vadlapudi within Gajuwaka Municipality limits. It had been divided into 71 plots. "Roughly, 68 acres would be used for the plots and the rest of the land for common facilities. Sixty per cent of the production will be exported and the rest is for the domestic market," he explained.

He said it was estimated that the project would be completed in a year or so. "The export target is Rs 100-125 crore per annum and it will generate several thousand jobs. Local women in particular will derive benefit," he added.

The apparel park project was first proposed by the Telugu Desam Government and the land was earmarked, but it had got entangled in legal difficulties. It took nearly a year for the new Congress Government to get the problems sorted out and begin work on the project.

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