Mafatlal Industries’ board has approved in principle a proposal to incorporate a subsidiary company. The proposed subsidiary will belong to readymade garments and accessories industry.
The proposed subsidiary will function as an outsourcing-driven Garment Buying House, dedicated to sourcing and delivering high-quality apparel to leading multinational brands and established buying agencies across the USA, Europe and other countries.
Mafatlal Industries is engaged in manufacture of textiles and textile chemicals.