Grasim Industries, a flagship company of the Aditya Birla Group, recently announced its foray into the decorative paints business with Birla Opus.
Tag: aditya-birla-group
A passion, and the thrill of it!
An article about Bengaluru, India-based Manish Saksena, who took his passion for Indian handlooms and weaves out of the clusters and to the Indian consumer.
Getting invested
ABFRL announces a fund raising by way of preferential equity and warrants to GIC, Singapore’s sovereign wealth fund.
Reliance’s Strategic Investment in Indian Fashion Designers
Reliance Industries has invested in two prominent Indian fashion designers, Manish Malhotra and Ritu Kumar. It acquired a 40% stake in Malhotra’s MM Styles and a 52% stake in Kumar’s Ritika Pvt. Ltd. These partnerships aim to enhance the brands’ growth and promote Indian craftsmanship in global markets.
Corporatising the designer
Aditya Birla Fashion Retail Ltd. has acquired a 51% stake in designer Sabyasachi Mukherjee’s brand, enhancing its ethnic wear portfolio. This partnership reflects a growing trend in India where fashion designers collaborate with corporations for sustainable growth and market reach, prompting discussions about the future of Indian fashion in a corporatized landscape.