Shandong Ruyi

Fashion & Lifestyle

Reliance Textiles JV with China’s Shandong Ruyi

IMAGES Business of Fashion - December 10, 2014

Reliance Industries (RIL) has signed a joint venture agreement with Chinese textile firm Shandong Ruyi Science and Technology Group (Ruyi) towards repositioning its textile business and expanding globally. The textile business contributes $300-350 million to RIL’s overall $65-billion annual...

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