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

Texworld Paris Evolution to be held Digitally

PS NewsDesk

Zara Profits Soared by 193%

PS NewsDesk

Luxury fashion house Kering stresses on Greater China market with new President

Leave a Comment