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Grasim to focus on VSF business
Aditya Birla Group has decided to merge Aditya Birla Nuvo (ABF) with Grasim under a grand plan stitched by them to beef up shareholder value.
Taiwan eyes Indian tech textile market
Seeing the low penetration and high growth potential, Taiwanese companies are eagerly looking at the Indian market for technical textile products. Rising labour costs in China too is forcing some of these companies to consider manufacturing in India.
Apparel market to grow at 12.65 per cent
Research and Markets latest report forecasts the apparel market in India to grow at a CAGR of 12.65 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing urbanisation in India.
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