US firm invests $3 million in Indian textile com - sportstextiles: Lea SportsTextiles

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US firm invests $3 million in Indian textile company

14/02/2007
 
US equity firm Peterson Partners has invested $3 million in India-based textile company K.P.R. Mills Limited.

Located in Coimbatore, K.P.R. has a global presence in the garment exporting industry including cotton yarn, fabric and knitted apparel. After a planned expansion, the company will be equipped with one of the largest cotton spinning capacities in the region with over 210,000 spindles and will double its existing apparel capacity to produce 30 million garments per year.


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