Related Keywords: apparel, incorporating new overseas subsidiaries, integrated producers of suiting fabric, invest to set up garmenting facility, invest USD five million, largest branded fabric and fashion retailers in India, launch its products, Raymond Ltd, SSAL in Sharjah, trading of textile, West Asian and African Markets, wholly owned subsidiary
Raymond Ltd one of India's largest branded fabric and fashion retailers and one of the leading, integrated producers of suiting fabric in the world informed BSE today that the company has recently sought internal approvals for incorporating new overseas subsidiaries as it plans to launch its products in the West Asian and African markets through its subsidiaries.
The company will make investment of up to USD 5 million, in one or more tranches.