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R&B Denims' subsidiary, Ricon Industries, enters polyester yarn manufacturing at its Surat unit, starting commercial production. This forward integration into finished denim garments (jeans, jackets) aims to boost margins, tap export markets, and diversify revenue. Initial investment is Rs. 25 Cr.
R&B Denims' subsidiary, Ricon Industries, is launching polyester yarn manufacturing for value-added denim garments like jeans and jackets. This strategic move aims to improve margins, diversify revenue, and tap into apparel export markets via forward integration. Initial investment stands at Rs. 25 Cr.