Raghuvir Group plan investment of Rs10cr to double textile, garment capacity

YarnsandFibers News Bureau 2015-12-16 13:00:00 – Ahmedabad

Raghuvir Group is among Ahmedabad's top three private sector textile houses. The interests of the Group range from Textile, Real Estate, Infrastructure and Warehousing. Raghuvir Group plans to double its garments and home textile capacities for which it will make an investment of Rs 10 crore.

The investment will take its garments and home textiles capacities to 2 million units and 2 million sets, respectively, to support its subsidiary Raghuvir Lifestyle's foray into offline retail.

Raghuvir Lifestyle had in March entered into a licensing agreement with The Walt Disney Company to manufacture and retail home furnishings with nine characters, including Tinkerbell, Avengers, Mickey Mouse and Cars.

The managing director Girish Agrawal said that they have tied up with Disney to launch single and double bed sheets based on the Disney and Marvel characters.

The company has been retailing online through platforms such as Homeshop18, Snapdeal, Flipkart, Amazon and FirstCry. Its brand Uber Urban bagged the best seller award in the lifestyle category by Flipkart on the Big Billion Day 2015.

Raghuvir Lifestyle Pvt. Ltd. has been established to cater to the innovative, qualitative, timely and economical requirement of textile buyers all over the world. They have a team of technically sound professionals to manage the requirement of their customers. They bring to customers the entire range of textiles – yarn, fabric, home textiles and garment.

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