Gokaldas Exports, a well know manufacturer and exporter of men’s, women and children’s apparel and outerwear, has entered into a MoU with the government of Andhra Pradesh for setting up of four apparel manufacturing units in the next three years in Chittoor District. This will involve an investment of approximately up to Rs 200 crore which is likely to generate approximately 5,000 new jobs.
The company says the investment is however, subject to terms and conditions as requested and sought by GEL including appropriate infrastructural support and relevant incentives and subsidies being made available to GEL with the government of Andhra Pradesh.
