Related Keywords: acquire Indian knit fabric manufacturer, apparel and sportwear industries, Brandix Lanka, capacity enhancement strategy, Ocean India Pvt Ltd, regional expansion, Sri Lankan manufacturing knitted fabrics, Textured Jersey Lanka, TJL
Textured Jersey Lanka (TJL) is one of Sri Lanka's most sophisticated facilities, manufacturing knitted fabrics for the intimate apparel and sportswear industries to acquire an Indian knit fabric manufacturer, Ocean India Pvt Limited owned by one of its main shareholders, Brandix Lanka, for 15 million US dollars. The acquisition will be part of its regional expansion and capacity enhancement strategy.
