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Himatsingka Seide to foray into foreign markets

27 Mar '07
2 min read

Atmosphere, a wholly-owned subsidiary of Himatsingka Wovens Pvt Ltd, was launched in September 2003 which is currently contributing about 15 percent to Himatsingka Seide's overall revenues.

Himatsingka Seide Ltd, the Bangalore-based Rs165 crore group acquired 70 percent stake in Italian home textile producer Giuseppe Bellora recently to expand its global footprint.

Atmosphere is presently available through 11 retail outlets across country in cities like Bangalore, Ahmedabad, Chennai, Delhi, Hyderabad, Ludhiana, Mumbai, Kolkata, Gurgaon and Pune.

Company will be adding three more retail outlets in Kochi, Mumbai and Chandigarh during 2007-08 fiscal.

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