As a part of its expansion plans, NSE-listed exporter of fabrics and garments, Globe Textiles,(India) will acquire the garment manufacturing and processing unit of Vivaa Tradecom (VTPL). With a turnover of Rs 145.90 crore for the year that ended on March 31, 2021, the VTPL unit will enhance Globe’s garment capacity and in-house processing capacity post-acquisition

Globe has also reappointed independent directors Yogesh Vaidya and Bharat Samjibhai Patel. It offers a wide range of textiles, apparels and related services while also focusing on sustainability. Its product portfolio includes man-made and natural fiber fabrics, accessories and readymade garments. Incepted in 1995, Globe Textiles (India) manufactures and supplies a complete range of textile and apparel products and services. The company deploys qualified human and material resources to deliver innovative and tailor-made products and services through win-win business partnerships.