Mafatlal forms joint venture with Al Fahim Group
Mafatlal Industries has inked a 51:49 joint venture (JV) with Dubai-based Al Fahim Group for marketing and distribution of its textile brand in the GCC (Gulf Cooperation Council) and African countries. Through the JV, Mafatlal (with a minority stake of 49 percent) would be selling school uniforms, corporate wear, bed sheets and towels under the...
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