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Kitex Garments to invest $1.5 million in Kitex USA LLC

03 May 2017 Evaluate

Kitex Garments has received an approval for further investment of up to $1.5 million in the capital of Kitex USA LLC for the FY 2017-18. The board of directors at its meeting held on April 28, 2017, has approved for the same.

Kitex Garments is an apparel manufacturing company. It offers product such as shirts, polar fleece, T-shirts, kids wear, night wear, nylon jackets and shorts.

Peers
Company Name CMP
Vardhman Textiles 527.15
Welspun Living 224.95
Arvind 510.45
Raymond Lifestyle 596.25
K.P.R. Mill 1053.45
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