S.P. Apparels has invested an amount of Rs 6.01 crore as equity in S.P Apparels International (SPAIPL), a wholly owned subsidiary of the company. Investment in SPAIPL will enable the company to expand its business operations.
Consideration of strategical advantages and cost-effective manufacturing circumstances, the company proposes to make an investment in the wholly owned subsidiary company in Sri Lanka.
S.P. Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at its integrated facilities that allow it to provide end-to-end garment manufacturing services from greige fabric to finished products.
