(L)Suraj Kalra, CEO of Epic Group, & Vishwanshu Agarwal, MD of Creative Group, signed a Memorandum of Understanding (MOU). Pic: Epic Group/ LinkedIn
The joint venture brings forth a potential investment of Rs 500 crores (approximately 60 million USD) and is set to leverage India’s local talent by creating employment opportunities for a 10,000 strong workforce. This venture aims not only to enhance operational capabilities but also to lay the foundation for substantial economic contributions through job creation.
Epic Group and Creative Group have partnered to revolutionise India’s apparel sector, signing a non-binding MOU for a joint venture.
The Rs 500 crore (USD 60 million) investment will create 10,000 jobs, focusing on innovation, sustainability, and community development.
The collaboration aims to set industry benchmarks, enhance operational efficiency, and drive significant economic growth.
The partnership is poised to set new industry benchmarks, drive innovation, and deliver superior value to our customers and stakeholders in India. Both Epic Group and Creative Group are committed to fostering innovation and growth in the apparel sector, with a focus on sustainable practices and community development.
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Fibre2Fashion News Desk (RM)
