Reliance Retail Ventures Limited (RRVL) has acquired 52% stake in Ritika Pvt Ltd that owns- Ritu Kumar, Label Ritu Kumar, RI Ritu Kumar, Aarké, and Ritu Kumar Home and Living, which is India’s oldest fashion house.

The government said that, states having ready availability of contiguous and legal land parcel of 1000+ acres will be eligible to apply for the Prime Minister’s Mega Integrated Textile Region and Apparel (MITRA) parks.

The company also announced that its revenue has grown more than double from Rs 311 crore in Q2 FY 21 to Rs 635 crore in Q2 FY22 with an increase of 104% as per YoY comparison.

Telangana Information Technology and Industries Minister KT Rama Rao informed about the reforms brought out by the government to attract investments and also about the TSiPASS to the European Business Group (EBG).

The government said that, states having ready availability of contiguous and legal land parcel of 1000+ acres will be eligible to apply for the Prime Minister’s Mega Integrated Textile Region and Apparel (MITRA) parks.

Telangana Information Technology and Industries Minister KT Rama Rao informed about the reforms brought out by the government to attract investments and also about the TSiPASS to the European Business Group (EBG).

The government has set a target of $100 billion for textiles and garment exports over the next five years, the textile ministry said on Thursday.

The company also announced that its revenue has grown more than double from Rs 311 crore in Q2 FY 21 to Rs 635 crore in Q2 FY22 with an increase of 104% as per YoY comparison.

The government said that, states having ready availability of contiguous and legal land parcel of 1000+ acres will be eligible to apply for the Prime Minister’s Mega Integrated Textile Region and Apparel (MITRA) parks.