>>
Home / Knowledge / News / Apparel/Garments / Kitex to invest ₹400 crore in two new subsidiaries
Kitex to invest ₹400 crore in two new subsidiaries
30
Apr '18
Courtesy: Pexels
Courtesy: Pexels
Kitex Garments will invest ₹200 crore each in 2 of its new wholly owned subsidiary companies. These two facilities will help to increase the manufacturing capacities of the company to meet rising future demand. Kitex producing garments for just-borns to babies up to the age of 24 months, will invest in the facilities from borrowings and internal accruals.

The company will engage KPMG in total implementation of the project, adding to its revenue growth, Kitex Garments said in a filing with the Bombay Stock Exchange (BSE).

Kitex Garments exports about 95 per cent of infant wear to the United States and the rest to Europe. The company also engages in contract manufacturing for private labels such as Jockey, Carter, Babies R Us, Gerber and Mothercare. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 26th Jan 2022

Vietnam-US trade hits $111.56 bn in 2021

Vietnam-US trade hit $111.56 billion in 2021, up by nearly $21...

Pic: Shutterstock

Textiles | On 26th Jan 2022

Turkey using less coal, hydropower; use of renewables, gas up: Ember

The use of coal and water for energy in Turkey reduced in 2021, while ...

Pic: Bangladesh Parliament Secretariat/Facebook

Apparel/Garments | On 26th Jan 2022

Trade Organisation Bill, 2022, introduced in Bangladesh parliament

The Trade Organisation Bill, 2022, aimed at allowing foreign traders...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Simone Morgante,

Simone Morgante

Based out of Como, Italy, and with technological expertise of nearly 70...

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Ritu Kumar, Label - Ritu Kumar

Ritu Kumar
Label - Ritu Kumar

<b>Ritu Kumar</b> is the most respected designerwear brand in India...

Kamal Khushlani, Mufti

Kamal Khushlani
Mufti

Based out of Mumbai, Mufti is a men’s clothing fashion brand. In an...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Puma
Restoque S.A.
SYNERGIES HONG KONG LIMITED
Babyshop
Asos
Vardhman Textile Ltd
The LYCRA Company Singapore  Pte. Ltd
Esprit Europe Services GmbH
Permoda(Koaj/Armi/Pronto/Bkul)
G-Star Raw C.V.
Sportmaster Ltd.
Gap International Sourcing Limited
Landmark Group
Gokaldas Exports Limited
Hirdaramani International Export Private Limited
Etam Group Strategy Hong Kong Limited
Alix Partners
MAS Active / MAS Kreeda / MAS Bodyline
T.T. Limited
Varner AS Retail
KIABI
IDH – The Sustainable Trade Initiative
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Seasalt Limited
Tommy Hilfiger
TESCO INTERNATIONAL SOURCING LIMITED
Sportswear Company Spa
Under Armour Global Sourcing Ltd
Lifestyle
Bluestem Global Sourcing Limited
Grasim Industries Limited
Splash
KAS Direct Sourcing
Aramark Uniform ;& Career Apparel, LLC
THE BOMBAY DYEING ;& MFG.CO. LTD
Amazon China
Maceton Limited
BIANCA
Tchibo GmbH
OVS Hong Kong Sourcing Ltd.
BIMBA ;& LOLA SL
The Top Form Brassiere Manufacturing Company Limited
Arvind Limited
PVH Corporation
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Calvin Klein
IKEA of Sweden AB
LC Waikiki
Reiter India Private Limited
Vianney Textil Hogar S.A. De C.V.
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
SHAHI Exports Pvt Ltd
Guess Europe Sagl,
John Varvatos
Boardriders Asia Sourcing Limited
Brandix Lanka Limited
Chico’ FAS
Target Corporation (MN)
Abit
Lululemon Athletica Inc
Recron Polyester from Reliance Industries Limited
Walmart
Sateri (Jiujiang) Fiber Co.,Ltd
Phong Phu international JSC (PPJ)
C;&A Sourcing International Ltd
Gloria Jeans
Alison Hayes Romania
Lacoste (Wanchai)
Hela Clothing Pvt Ltd
Rayonese Textile Inc., Division de Culp Inc.
Lenzing Aktiengesellschaft
Rosset ;& Cia Limited
International Textile Manufacturers Federation
Groz-Beckert East Asia LLP
Truetzschler India Private Limited
J ;& P Coats
Cat Tuong Real Estate Group Joint Stock Company
Eastman Chemical Company
Desigual - ABASIC, S.A.
H;&M Hennes ;& Mauritz (Far East) Ltd
Sainsbury's Argos Asia Limited
Gatsby Africa
Aquarelle Clothing Limited
Chori Company Limited
Helly Hansen Far East Ltd
Lisa S.P.A.
Benetton Group
Page Industries Limited (Bangalore)
NITI Aayog
Decathlon

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search