Indian textiles company Indian Rayon, part of the Aditya Birla group,has announced plans  to set up a new manufacturing unit in Bangalore.

The company currently buys in suits and jackets for selling on but expects that the new unit, which will enable them to produce 400 suits and jackets daily, will generate INR300 million in sales during the first year of operation.

The garments will be sold at prices ranging from INR3,500 and INR12,000, with the unit expected to start production of the garments before the end of this year.

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