India’s Brandik Textile City comes to Wenzhou to attract investment

The opportunity has come for Wenzhou’s textile and garment enterprises to comprehensively enhance their international competitiveness. On the afternoon of October 24, Brandik India Textile City (BIAC) will hold a promotion meeting at the Wenzhou International Hotel to provide an investment and development platform for Chinese garment and textile companies interested in investing overseas. ​
It is understood that BIAC is invested and constructed by Brandix, Sri Lanka’s largest apparel exporter. It is located in Visakhapatnam City, Andhra Pradesh, eastern India, covering a total area of ​​1,000 acres (approximately 4.04 million square meters). The Indian government officially recognizes the comprehensive textile industrial park specially built for large garment and textile companies. BIAC adheres to the full supply chain concept of “from thread to store”, carries out vertically integrated management in the park, supports large-scale knitting, garment manufacturing, processing, printing and other production, and is committed to becoming a procurement center for knitted and woven garment enterprises. It is a global One of the most competitive textile and garment parks. ​
BIAC has advantages in terms of policy environment, land and labor costs, and has cooperated with international brands such as Martha and Victoria’s Secret, and has complete infrastructure. In addition, Andhra Pradesh, where BIAC is located, is the third largest cotton producer in India. Chen Qi, Vice President of Wenzhou Council for the Promotion of International Trade, believes that entering BIAC will be a good opportunity to change the trade environment, reduce costs, and improve the competitiveness of enterprises in the international market. ​
This recommendation meeting was hosted by the Wenzhou Council for the Promotion of International Trade and hosted by the Wenzhou International Chamber of Commerce and the Foreign Trade Branch of the Wenzhou Garment Chamber of Commerce.