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S.P.Apparels invests Rs 6.01 crore in SPAIPL

Investment in SPAIPL will enable the company to expand its business operations

S.P. Apparels has invested an amount of Rs 6.01 crore as equity in S.P Apparels International (SPAIPL), a wholly owned subsidiary of the company. Investment in SPAIPL will enable the company to expand its business operations.

Consideration of strategical advantages and cost-effective manufacturing circumstances, the company proposes to make an investment in the wholly owned subsidiary company in Sri Lanka.

S.P. Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at its integrated facilities that allow it to provide end-to-end garment manufacturing services from greige fabric to finished products.