Mafatlal
Industries has inked pact with Dubai-based Al Fahim Group by signing a
51:49 joint venture (JV) in order to market and distribute its textile
brand in the Gulf Cooperation Council (GCC) and African countries. As
per the JV, Mafatlal, with a minority stake of 49%, will be selling
school uniforms, corporate wear, bed sheets and towels under the
co-brand Al Fahim Mafatlal in the region.
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