Apart from giving SKNL an immediate presence in the vast US markets, some of our SBUs are extremely well placed to cater to their needs, both in fabrics as well as in garments.
The financial benefit of the acquisition will start reflecting in the coming quarters. SKNL's state-of-the-art manufacturing facilities will work in tandem with our overseas ventures thereby placing us at a highly competitive cost curve. With a leading position in the domestic market and a growing presence internationally we are on course to adding substantial value for shareholders and stakeholders of the Company.”
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