Brandix India Apparel City (BIAC) is a revolutionary development in the apparel
industry; a unique, integrated apparel supply chain city, managed by Brandix Lanka Ltd. Spread over 1000 acres in the port city of Visakhapatnam (or Vizag for short) in the eastern state of Andhra Pradesh, it brings alive an Avant garde 'Fiber to Store' concept. BIAC will bring together world class apparel chain partners from the design table to consumer brands in flawless integration. Honble Chief Minister of Andhra Pradesh, Mr. Konijeti Rosaiah inaugurated Brandix India Apparel City (BIAC), on May 3rd 2010, which is located within the Andhra Pradesh Special Economic Zone (APSEZ) in Visakhapatnam at a grand ceremony. So far, at BIAC, the factories operating within it have provided over 5,075 jobs to the rural people mostly girls, and when the Park is occupied fully, about 60,000 jobs should be available. Government has also supported them by providing land and excellent infrastructure to allow a smooth flow in their operations. The Government of Andhra Pradesh and Brandix has established this textile and apparel Park under the Scheme for Integrated Textile Parks (SITP) Government of India. Under this scheme the government provides up to 40 percent of the cost of setting up the park subject to the limit of Rs 40 crore. Supported by an MOU with the Government of Andhra Pradesh. Approved under Government of Indias Textiles Ministry: Scheme for Integrated Textile Parks
Granted Special Economic Zone status by Commerce Ministry, Government
of India. The Ministry has been making serious efforts to attract Foreign Direct Investment (FDI) into Indian textile industry and the Brandix India Apparel City is a shining example which would motivate similar and large scale FDI players into Indian textile industry BIACS vertically integrated supply chain dramatically reducing lead time and costs. BIAC is positioned to be the preferred global sourcing hub for apparel solution. Producing 3 leading labels
Victoria Secret
Pink
M&S
Recognized as a Special Economic Zone (SEZ) by the Government of India, it also
enjoys a host of attractive financial and operational incentives for investors, as well as comprehensive support to facilitate seamless and rapid start-up of operations. ADVANTAGES OF SEZ SCHEMES FISCAL BENEFITS Concessional income tax rate of 20% for a period of 15 years from the date of commencement of commercial production as against present corporate tax 32.45% Units can import goods without payment of duty for manufacturing and operation purpose Services tax is exempt
Procurement of goods from Domestic Tariff Area (DTA) without payment of
duty DTA sales are permissible (subject to duty), provided net foreign exchange earner SEZ is a designated duty-free enclave and treated as foreign territory for trade operations, duties and tariffs Permit 100% FDI with full & free repatriation of export proceeds Full repatriation of dividends Full freedom for sub-contracting including sub-contracting abroad Single window clearance facility for clearances Units could dispose of rejects, scrap in domestic market on payment of duties CURRENT MANUFACTURERS IN APPAREL PARK
Brandix Apparel India UNIT I
Brandix Apparel India UNIT II
Brandix Apparel India UNIT III
Ocean India
Seeds Intimate Apparel India (Synthetic)
Quantam Clothing (Inner wear and Mens Shirts)
Pioneer Elastics
Thermax : Energy Solutions
Screenline Printing : Printing services
S&S Underwire for Bras
International Trimmings & Labels : Manufacturing tags & labels