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Mundotextile & Abhishek Industries propose alliance for JV
17
Dec '09
Abhishek Industries Ltd has informed that Mundotextil Industrias Texteis, SA and Abhishek Industries Ltd, Trident Group, India are pleased to announce that they are in the process of formation of an alliance in the form of Joint Venture, subject to the necessary approvals / consents, to best serve the needs of their wide range of clients in sync with their global vision of customer satisfaction.

The proposed JV is expected to serve as a catalyst to the ever changing market requirements of European Union and shall consolidate innovative product designs with production excellence to create one of the largest design, production ft marketing platform for supply of fine luxury linen & other home textile products for the customers world wide at most competitive rates.

"Design & Innovation", "Quality & Capacity", "Flexibility and quick response" at a competitive cost are the leading guidelines for this proposed "Joint Venture".

The Company has submitted to BSE joint press release titled "Mundotextile Industries Texteis, SA & Abhishek Industries Ltd, India, propose Alliance for Joint Venture" in this regard.

Abhishek Industries Ltd

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