MoneyWorks4Me

Kitex Garments to invest $1 million in Kitex USA LLC during 2017-18

06 Nov 2017 Evaluate

Kitex Garments has received an approval for the further investment of $1.00 million in Kitex USA LLC during the year 2017-18. The Board of the company at their meeting held on November 04, 2017 has approved the same.

Kitex Garments is a 100% export of cotton garments in infants wear segment mainly in US and European markets. It has vertically integrated manufacturing plant makes infants wear as well as fabrics.

Peers
Company Name CMP
Vardhman Textiles 574.00
Welspun Living 214.35
Arvind 552.75
Raymond Lifestyle 652.50
K.P.R. Mill 1119.00
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