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Madura Garments to double capacity – Mr KM Birla
04 Jun '10
2 min read
Mr Kumar Mangalam Birla, Chairman of the Aditya Birla Group while speaking at the “Advantage Karnataka” Global Investors meet on the 3rd of June 2010 at Bangalore informed about the various activities and investments made by the group in Karnataka.
He said that they have currently 123 supermarkets under the Aditya Birla Retail chain and two hypermarkets in the state and that they plan to scale it up to 172 supermarkets and 10 hypermarkets, at an investment of Rs 5.25 billion.
Speaking about the viscose staple fibre (VSF) expansion project he said that the group was investing Rs 3.50 billion in a brown-field expansion at their Viscose Staple Fibre plant at Harihar.
Speaking about Madura Garments, a division of Aditya Birla Nuvo, which has continuously been voted India's 'Most Admired Apparel Company' he said, “Madura Garments is a pioneer in making Karnataka, the heart of apparel manufacturing and branding.”
He added by saying, “We already have eight factories, five of which cater to customers in India and three dedicated factories for exports to the US and EU, along with which they also have 28 outlets in the state.”
Giving more details on the upcoming investments in the apparel division, he informed, “Over the next four years, we plan to double production capacity of Madura Garments at an incremental investment of Rs 2 billion.”
He said that they have currently 123 supermarkets under the Aditya Birla Retail chain and two hypermarkets in the state and that they plan to scale it up to 172 supermarkets and 10 hypermarkets, at an investment of Rs 5.25 billion.
Speaking about the viscose staple fibre (VSF) expansion project he said that the group was investing Rs 3.50 billion in a brown-field expansion at their Viscose Staple Fibre plant at Harihar.
Speaking about Madura Garments, a division of Aditya Birla Nuvo, which has continuously been voted India's 'Most Admired Apparel Company' he said, “Madura Garments is a pioneer in making Karnataka, the heart of apparel manufacturing and branding.”
He added by saying, “We already have eight factories, five of which cater to customers in India and three dedicated factories for exports to the US and EU, along with which they also have 28 outlets in the state.”
Giving more details on the upcoming investments in the apparel division, he informed, “Over the next four years, we plan to double production capacity of Madura Garments at an incremental investment of Rs 2 billion.”
Fibre2fashion News Desk - India
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