π Tender Overview
Scope : To Set up Garment Factory in Bhubaneswar, Odisha
Hong Kong-based apparel industry major Epic Group is planning to set up its first garment factory in India as it has acquired 40 acres of land in Bhubaneswar for the manufacturing unit.
The group has appointed diversified professional services and investment management company Colliers India to set up the manufacturing facility, valued at around Rs 220 crore, at the IDCO Industrial Estate in Bhubaneswar, Odisha. The first phase is expected to be completed by May, 2025.
Colliers in India has won a Rs 220 crore Design & Build Turnkey assignment from EPIC Designers which is to set up its first manufacturing unit in the country.
This garment factory will be the first of its kind and a gamechanger for the apparel industry in India, it claimed, adding the company intends to employ over 6,000 people to run the facility.
The facility, managed by EPIC Groupβs subsidiary, Trimetro Garments India, is benchmarked against global standards and the cutting-edge facilities the company boasts across the world. The first phase spanning 338,000 sq. ft. is expected to be completed by May, 2025 and the future expansion scope spans 381,236 sq. ft.