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Kitex Garments to open merchandising office in USA

23 Sep 2014 Evaluate

Kitex Garments has received an approval to open a merchandising office in USA as an LLC with 50% investment and other modalities which are currently being worked out. The board of directors at their meeting held on September 22, 2014 has approved for the same.

Kitex Garments is the third largest manufacturer of clothes for infants and caters to the biggest international buyers such as Gerber, Jockey, Carters, Kohls and The Childrens Place.

Peers
Company Name CMP
Vardhman Textiles 495.50
Welspun Living 214.15
Arvind 496.85
Raymond Lifestyle 505.25
K.P.R. Mill 1076.40
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