Century Textiles and Grasim Inds form JV 'Birla Advanced Knits'

Century Textiles & Industries has incorporated a Joint Venture Company namely, "BIRLA ADVANCED KNITS" on 14 July 2021 to foray into manufacturing of Man Made Cellulosic Fibre (MMCF) Knit Fabrics in partnership with Grasim Industries (Grasim). The Company has today i.e. 15th July, 2021, also executed a Joint Venture Agreement with Grasim. Both the parties will subscribe 50% each in the paid up equity share capital of the aforesaid Joint Venture Company.

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