DyStar signs India deal
03/08/2009
DyStar has signed an agreement to become the exclusive provider of dyeing and printing at two plants run by Bombay Rayon Fashion Limited (BRFL), one of India’s largest apparel and fabric manufacturers. The deal covers BRFL’s factories in Maharashtra and Karnataka.
BRFL is India’s largest shirt manufacturer with an annual net sale of INR 13.4 billion and consolidated net profit of INR 1.37bn (US$ 28.6m).
On announcing the agreement, Prashant Agarwal, managing director of BRFL, commented: “DyStar has offered us outstanding technical support in setting up our dyeing and printing processes. With this agreement, we will have a reliable partner with an international reach, and a wide product and service portfolio to meet requirements of our global customer base.”