Fabric maker S Kumar to venture into retail market
30 Jan '06
2 min read
This includes expansion of Reid & Taylor manufacturing capacity at a cost of Rs 90 crore, Ready-to-wear garments (total wardrobe solutions) with an investment of Rs 50 crore.
Of the rest, home textiles will account for Rs 80 crore and high-value fine cotton shirting will take Rs 130 crore.
The S Kumars Group was founded in 1948 by two brothers, Abhayakumar and Shambukumar Kasliwal.
The group was initially engaged in the trading of textiles and ventured into manufacturing in the year 1975.
The year 1990 saw the inception of the SKNL group.
Since then SKNL has been the flagship brand, leading the way for its various businesses.
It has been a forerunner in the textiles industry for the last five decades and is regarded as one of the most reputed business houses in the country.