R&B Denims announces to manufacture readymade garments with own brand name
Textile company R&B Denims has announced that the management has planned forward integration whereby it will manufacture readymade garments in denim segment with its own brand name.
The company, a leading fabric manufacturer, in an exchange filing said that it is capable of producing high width denim up to 85 inches with its recent major expansion in the new world-class technology of Air jet Looms – Dobby Machines.
After adopting the new technology of dobby machines, the company will soon enter into Forward Integration, i.e., Into Garmenting Segment by creating its own brand name.
At present, R&B Denims is involved in fabric weaving, dyeing and processing along with the backward integration of cotton spinning.
The company will now complete all the stages of manufacturing denim from fiber to fabric and thus creatig designer brands in the value segment for the young Indian.
R&B Denims' filing said that it is accepting growth of at least 10 per cent through garmenting business.
The company had earlier announced expansions in renewable energy.
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09:28 AM IST