INDIA: Usha Set To Sew Up Janome Deal - Report
The Economic Times said Usha has been marketing its top-end imported range of sewing machines, co-branded as Usha Janome, for the last four years, and its outsourcing for the Japanese company will involve fully-built units of sewing machines and components.
Pratul Bhandari, vice-president, Usha International Ltd, told the paper: "We have already sent two commercial shipments to Janome and in the next four to five months regular supplies with longer term contracts will be finalised.
"We are looking at generating revenues of Rs 10 crore from Janome in the next few years."
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