INDIA: Casual Wear Producer Set To Enter Textile Sector
Indian casual wear manufacturer, Biswanath Hosiery Mills Limited (BHML), has announced plans to enter the textile sector through technological collaboration with a foreign firm. "We are planning to diversify into the textile segment very shortly," BHML chief executive (global operations) Rajeev Johari said. "This will require a whole set of new investment on machineries and technology and we are working on that."