
R&B Denims Ltd Expands Business into Garmenting Segment with Rs. 1.25 Crores Investment
R&B Denims Ltd has announced the expansion of its existing business by entering the garmenting segment, focusing on denim garments manufacturing. This strategic move aims to enhance the company's value proposition, improve profitability, and ensure long-term sustainability. The new line of business is a forward integration of the company's denim fabric manufacturing operations, allowing it to move up the value chain from fabric to finished products. The garmenting unit, established with an initial investment of approximately Rs. 1.25 crores, is expected to bring various benefits such as vertical integration, tapping into the growing apparel export market, expanding into B2C or D2C retail segments, utilizing existing infrastructure and human resources, diversifying revenue streams, and supporting the company's ESG initiatives.
Key Highlights
- R&B Denims Ltd enters garmenting segment focusing on denim garments manufacturing
- Strategic move to enhance value proposition, improve profitability, and ensure long-term sustainability
- Initial investment of approximately Rs. 1.25 crores for machinery, skilled manpower, and infrastructure modifications
- Expected benefits include vertical integration, tapping into apparel export market, and utilizing existing resources
- Supports the company's ESG initiatives by incorporating sustainable garmenting practices