Shoppers Stop signs MoU with Telangana government to set up apparel-making unit

By

Maverick Martins

Published
Jan 5, 2020

Fashion and lifestyle retailer Shoppers Stop has signed a memorandum of understanding (MoU) with the Telangana government for setting up a manufacturing facility in Sircilla Apparel Park.
 

The MoU was signed by IT and industries principal secretary, Jayesh Ranjan, and Shoppers Stop CEO, Rajiv Suri.
 
The manufacturing facility at Sircilla is expected to create hundreds of employment opportunities for the women and men of the state of Telangana.

“I’m delighted that the apparel manufacturing unit of Shoppers Stop will be coming up at Sircilla. Employment opportunities to hundreds of women will be created and a huge step forward for apparel park, Sircilla," Minister for IT and Industries, K T Rama Rao, said in an official statement.
 
The manufacturing facility is expected to increase the production of Shoppers Stop private label brands. The company also has major expansion plans this year and has set aside an investment of Rs 150 crore ($21.2 million) on the upgrade and opening of 50 new format stores.
 
Shoppers Stop first launched in 1991 and today retails over 600 Indian and international brands through its 85 department stores across India, as well as a dedicated e-commerce store.