News

Gokaldas Exports Plans BRFL Textiles Buyout to Enhance Sourcing Capabilities

Sivaramakrishnan Ganapathi, Vice-Chairman and Managing Director of Gokaldas Exports

Gokaldas Exports Weighs Full Acquisition Decision by Year-End

Gokaldas Exports is evaluating a potential full acquisition of BRFL Textiles, a fabric and processing unit in which it invested in July 2023. Sivaramakrishnan Ganapathi, Vice-Chairman and Managing Director of Gokaldas Exports, confirmed that a decision on the acquisition is expected within the current financial year.

The potential deal aligns with the company’s broader strategy of vertical integration, aimed at strengthening control over fabric sourcing, accelerating growth, and reducing lead times.

Related posts

Ted Baker Launches New Marketplace

PS NewsDesk

CMAI FAB Show 2024 Concludes in Mumbai

PS NewsDesk

Glocal Textile Convention to be Organised by Buyers & Sourcing Leaders Association

PS NewsDesk

Leave a Comment