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Himatsingka Seide incorporates wholly owned subsidiary in Europe

20 Feb 2017 Evaluate

Himatsingka Seide has incorporated a wholly owned subsidiary in Europe namely ‘Himatsingka Europe’, which is registered with the Registrar of Companies for England and Wales on February 17, 2017. This will help to strengthen the distribution network in Europe.

Earlier, the company had commenced commercial production at its expanded sheeting unit at Hassan in state of Karnataka from October 03, 2016. Consequent to the expansion, the capacity had doubled from 23 million metres per annum to 46 million metres per annum.

Himatsingka Seide is in the business of manufacturing natural silk and silk blended fabrics, silk woven yarn, etc. Its product range includes decorative fabrics for home furnishings mainly bed linen, bridal wear, fashion fabrics for men and women wear etc.


Peers
Company Name CMP
Vardhman Textiles 560.60
Welspun Living 222.90
Arvind 567.00
Raymond Lifestyle 689.00
K.P.R. Mill 1112.45
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