Qiu Yafu, chairman of Shandong Ruyi Group, said, “With closer economic relations between China and India and Shandong Ruyi Group’s expanding global presence in the textile sector, we see our joint venture with Reliance as a significant event for the group.
India-based Reliance Industries Limited (RIL) and China-based Shandong Ruyi Science and Technology Group Co Ltd (Ruyi) (through its wholly owned #
Yafu added that by entering the Indian market with Reliance they believe that there is bright future for the joint venture business.
India-based Reliance Industries Limited (RIL) and China-based Shandong Ruyi Science and Technology Group Co Ltd (Ruyi) (through its wholly owned #
RIL is India’s largest private sector company with a consolidated turnover of Rs 4,46,339 crore (US$ 74.5 billion), cash profit of Rs 33,980 crore (US$ 5.7 billion) and net profit of Rs 22,493 crore (US$ 3.8 billion) for the fiscal year ended March 31, 2014.
India-based Reliance Industries Limited (RIL) and China-based Shandong Ruyi Science and Technology Group Co Ltd (Ruyi) (through its wholly owned #
With revenue in excess of US$ 3 billion, Ruyi has a significant global presence. It has made investments in Japan, UK and Australia in the recent past. It also has partnerships with global players such as Itochu of Japan. (RKS)
India-based Reliance Industries Limited (RIL) and China-based Shandong Ruyi Science and Technology Group Co Ltd (Ruyi) (through its wholly owned #
Fibre2fashion News Desk - India
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