Siyaram to manufacture and market Italian brand Cadini in India | Apparel Resources
Home » News » Textile Mills News » Siyaram To Manufacture And Market Italian Brand Cadini In India

Siyaram to manufacture and market Italian brand Cadini in India

Share: 
      Newsletter

Image Courtesy: cadini.com

                      Image Courtesy: cadini.com

Textile major Siyaram Silk Mills recently entered into a joint venture with Italian lifestyle brand Cadini, to be able to offer Italian products to the Indian customers at a more reasonable price. Ownership rights to manufacture and market Cadini for its fabric segment in India, Sri Lanka and a few countries in Middle East have been bought by Siyaram, and the products will be customized according to the Indian market, but will use the Italian innovations. Starting with superior fabrics, Cadini will later on sell garments and accessories through exclusive Cadini outlets and shop-in-shop.

With a current revenue of around Rs. 1550 crore, Siyaram expects to grow by 10-15 per cent annually, with Cadini expected to contribute around Rs. 100 crore in the next financial year.

 

Have some news? Let us know on news@apparelresources.com

Recommended by Apparel Resources

India’s KVIC gets order worth Rs. 2 crore from Raymond

India-based textile and apparel conglomerate, Raymond has placed an order of Rs. 2 crore to get supply of 98,000 metres of Khadi fabric...

Indian Ministers discuss measures to boost jute production

Two Indian ministers have discussed measures to boost jute production in the country... Union Textiles Minister Smriti Irani and her counterpart in the...

Welspun India re-appoints Rajesh Mandawewala as MD

Welspun India Ltd., India’s leading textile conglomerate, has re-appointed Rajesh Mandawewala as the Managing Director. His re-appointment has been approved by the Board for...

South Korean textile firm Samil Spinning to buy Buhler Quality Yarns

Samil Spinning Co., a textile company based in South Korea, has agreed to buy US-based Buhler Quality Yarns, the Korea Trade Investment Promotion...

Global e-textiles market to reach US $ 5 billion by 2027

According to the ‘E-Textiles 2017-2027: Technologies, Markets, Players’ report – published by Research and Markets (a US-based market research firm)– global e-textiles market...

Taipei textile manufacturer to start garment plant in Vietnam

Taipei-based textile manufacturer Far Eastern New Century Corp. said that its new garment plant in Vietnam might start its operations in the first...

Only 10% of Indian textile items belong to technical textiles: Textile Commissioner

Only 10 per cent of Indian textile products belong to technical textiles compared to developed nations such as Germany where 50 per cent...

Lenzing to increase Tencel fibre production

Lenzing Group, Austria-based manufacturer of textile and nonwovens cellulose fibres such as modal and lyocell, is expanding production capacities of tencel fibres at its site in Heiligenkreuz, Burgenland (Austria). “We will...

CCI rejects complaint against Prafful Overseas, Welspun Syntex

Complaints filed against two Gujarat-based yarn manufacturers Prafful Overseas (OP-1) and Welspun Syntex (OP-2) have been dismissed by Competition Commission of India (CCI),...

Bangladesh Govt. mulls to launch weaving village

Bangladesh Government is planning to launch “Weaving Village” at Shibchar in Madaripur and Janjira in Shariutpur. Prime Minister Sheikh Hasina informed this while...