Suryajyoti & Italian Co to provide high fashion/low cost options
22 Sep '06
2 min read
Yarns producer Suryajyoti Spinning Mills Limited announced it will set up India's first specialty bottom weight fabric weaving, dyeing and finishing plant in technical collaboration with an Italian company.
The Italian company has significant experience in this industry and has been servicing the requirements of many major global fashion labels over several years.
The company will look to consolidate existing relationships and establish a robust infrastructure to deliver Italian quality at Indian prices.
The Italian company has been selling to such discerning high-fashion Italian and global brands as Dolce & Gabbana, Marlboro Classics, Versace, Giorgio Armani, Diesel and Reply, among others.
The bottom weight fabric initiative will be structured as a strategic business unit. Commenting on the alliance, Mr. A.K. Agarwal, Executive Director of Suryajyoti Spinning Mills Limited, said: “The specialty bottom weight fabric initiative is expected to transition our business to a global level and our association with an Italian enterprise will provide high fashion/low cost options to some of the best known designer brands in the world. Our collaborators have maintained deep relationships with several leading European fashion houses over many years.”
"This, and other yarn expansion and modernization programs already underway, will add substantial value to all our stakeholders over the next few years.”