Matrix Clothing, in its first overseas venture for garment manufacturing, recently bought Jordan-based Indo-British Garments. The company already has a presence in Bangladesh and Vietnam for zip and leather manufacturing respectively. It invested $6 million in Jordan. Four decades old Matrix Clothing produces knitted polo shirts and embellished ladies garments. With worker strength of nearly 5,000 people, the company has a turnover of over Rs. 400 crore and it works with many globally renowned fashion brands and retailers.

Matrix Clothing is also investing in Ranchi. Excluding working capital, the company is investing nearly Rs 26 crore in the state which will be increased in the future. So far, the company had a training unit there and pilot plant for the production just started. By late 2019, it will have the fairly large facility of around 500 machines.