CEO Sanjay Behl said textile sector is still largely unorganised and GST will help formalise the system
The company has forged similar tie-ups in skill development with other state governments as well
The polywool fabric has features like UV protection, wrinkle resistance and smooth touch, ideal for crafting trousers, suits and jackets
The company plans to expand it's retail presence with more stores, renovates existing outlets
Company is also supplying fabrics to leading garments manufacturers in the US, Europe and Japan
Net profit for the fourth quarter jumped 161% to Rs 56.2 crore compared to same quarter last fiscal
The fabrics maker had signed a MoU with UPSDM functioning under the state vocational education and skill development dept.