A new state-of-the-art denim and bottoms manufacturing facility is coming to India.
The facility is the result of a budding partnership between Epic Group, a Hong Kong-based textiles trading firm with manufacturing facilities Bangladesh, Ethiopia and Jordan, and Creative Group, an Indian vertical apparel and textile manufacturer.
In January, the two companies announced the formation of Spectra, a joint venture that aims to set new benchmarks for apparel manufacturing in India.
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The new facility will have a production capacity of 700,000 units per month. The partners said the facility will not only be one of the largest of its kind in India but also position the country as a key player in the global denim market.
The partnership is backed by an initial investment of $15 million, with a vision to achieve $60 million in the coming years.
Spectra brings together Epic Group’s global manufacturing expertise and Creative Group’s five decades textile knowledge. Together, the companies said they “aim to create value for our customers, partners, and stakeholders, while contributing to India’s growth as a global hub for sustainable apparel manufacturing. Epic and Creative Group.”
Epic Group’s clients include Walmart, Levi’s, Uniqlo, Kohl’s, C&A and more. The company provides clients with design, sourcing and manufacturing support. It has strategic partnerships with mills across China, India, Pakistan and Bangladesh.
Creative Group offers end to end textile solutions for apparel, home textiles, outdoor, products and yarn. DKNY, Carrefour, US Polo, Calvin Klein, Kenneth Cole, and Zara are among the company’s garment division clients. The company produces over 20 million garments per year.
Through Spectra, the partners said they plan for long-term impact by creating 3,000 jobs initially, expanding to 10,000 jobs over time, “harnessing the talent and potential of India’s workforce.”
“By introducing advanced manufacturing practices, we aim to set new standards for excellence in the apparel industry,” they stated.
