INDIA: Aditya Birla In Korean Fibre Pact
Textile group Aditya Birla group was on Thursday reported to have formed a strategic alliance with the South Korean Non-Woven Industry Co-operative (KNIC) in a bid to boost its viscose staple fibre business. The agreement will see Birla to supply the fibre to the Korean co-operative for the next 10 years under the Birla Viscose brand. The group will also develop some fibres especially for the Korean market.
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