Chilean textile industry to invest $50m in Bombay textile factory

Bombay, Chile, May 12, 2019 – Chilean textile manufacturers will invest $30 million in a new factory that will be a “global leader” in the textile industry.

The factory will employ 1,500 workers in the first phase, while the factory will expand in the second phase to employ 1.2 million workers, the company said.

The company said the factory, located in the town of Lajes, will be operational in 2021.

“We are in a time of global changes and new challenges for textile manufacturers, and the Bombay project will be an important step for Chile to take in this direction,” the company stated.

“The factory in Bombays development will be the world’s first in a developing country, and is a global leader in the manufacture of textile and apparel fabrics.”

Bombay is the second textile factory in the world to be launched by the company after its first factory in Chilipas, Mexico, was opened in 2019.

Bombay-based textile company Bombay Textile will be opening a factory in Chile in 2021 as it works towards its ambitious 2020 target of 1.5 million workers.