Mumbai, Apr 29 (UNI) Rajasthan based Banswara Syntex Ltd has bagged orders worth USD 287 million for export of lycra based high-end women-wear to the US.
Talking to UNI, company's joint managing director Ravi Toshniwal said, ''Banswara Syntex would be exporting these fabrics at USD 4-4.5 per meter, which is double the rate of normal fabrics exported,'' adding, ''currently we are targeting the high-end career women-wear segment of US and later we may plan to sell these products in the Indian market too.'' Recently, Banswara Syntex had entered into a joint venture with a French company Carreman Michel Thierry for the production of Lycra based fabrics. The JV has helped Banswara in bagging the current order, Mr Toshniwal added.
UNI VS ADG SKB1520
Talking to UNI, company's joint managing director Ravi Toshniwal said, ''Banswara Syntex would be exporting these fabrics at USD 4-4.5 per meter, which is double the rate of normal fabrics exported,'' adding, ''currently we are targeting the high-end career women-wear segment of US and later we may plan to sell these products in the Indian market too.'' Recently, Banswara Syntex had entered into a joint venture with a French company Carreman Michel Thierry for the production of Lycra based fabrics. The JV has helped Banswara in bagging the current order, Mr Toshniwal added.
UNI VS ADG SKB1520
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