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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 561.65
Welspun Living 213.15
Arvind 544.45
Raymond Lifestyle 656.50
K.P.R. Mill 1115.05
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