Shahi Exports enters into JV with Taiwan sportswear firm

Published - May 15, 2024 10:20 pm IST - COIMBATORE

Shahi Exports has entered into a joint venture with Taiwan-based Little King Global, a premier synthetic sportswear fabric manufacturers.

A press release from Shahi said a processing unit for production of synthetic performance fabrics would be set up at Shimoga as part of the partnership and made fully operational by the end of this year. The initial production capacity of 500 tonnes a month would be doubled in future.

According to T. Ramalingam, Chief Executive Officer of the Knits Division at Shahi Exports, “This is an important step for us to expand our footprint and focus on enhancing our product portfolio... Little King Global’s innovative prowess is renowned, with its flagship innovation centre in Taiwan.”

Bruce Liao, Vice President, Little King Global, said, “With the global supply chain shift and the rise of India’s manufacturing trend, we should leverage the best resources from advanced technologies, economical production, and talent for our Shimoga plant.”

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.