Advance Syntex (ASYL) has signed an additional Memorandum of Understanding (MoU) with a Global Retail Chain Store in Arts & craft business, headquartered in the USA. The MoU is signed for an exclusive supply of specialize glitter to the company for an indicative amount of $0.2 million (Rs 14 million).
Advance Syntex is an India-based manufacturer of other made up textile goods except apparel. The company is into manufacturing business of metallic yarn and precision cut glitter powder for various applications, such as textile printing, molding, and flocking over and above conventional decorative application.
