Ashapura Garments news and archive

Ashapura gets investments from Canbank Capital Fund

Canbank Venture Capital Fund, a wholly owned subsidiary of Canara Bank, has invested Rs 25 crores (4.56 million dollars) in Gujarat-based Ashapura Garments for an undisclosed stake. CVCFL made the investment from its Rs 500 crores Emerging India Growth Fund, managed by Canbank. The funds would be utilised by the company, a manufacturer of jeans...

Fashion

Winstone’s Plans: Product and capacity expansion

Ashapura Garments the 32-year-old company makers of the brand Winstone, now owns 37 manufacturing units with a production capacity of 7,000 trousers a day. Of these 5,000 are denim and 2,000 casual trousers. The company has developed a fully integrated capacity in Mundra SEZ, Gujarat, where production will begin soon. Giving details, Bharat...