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By CNBCTV18.COMJan 23, 2023 1:03:29 PM IST (Published)
Trent Ltd operates a portfolio of retail concepts, while MAS Holdings is the largest apparel tech company in South Asia.
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Mumbai-based Trent Ltd., the retail arm of Tata Group, has entered into a joint venture (JV) agreement with MAS Amity Pte. Ltd. Trent has formed the 50:50 Joint Venture for sourcing, designing, and manufacturing lingerie, activewear, and related products.
Trent and MAS will combine their expertise to undertake the design, development, and manufacturing of a range of intimate wear and other apparel products. The JV will initially facilitate the design and sourcing of related products.
Trent Ltd. operates a portfolio of retail concepts, while MAS Holdings is the largest apparel tech company in South Asia.
The Trent Ltd. stock is trading 0.093 percent higher at Rs 1,183.40.