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The Economic Times
31 March 2006
Grasim for co-branding natural fibre
products
Aditya Birla group company Grasim Industries
has said it is in talks with companies for co-branding purpose
of its second-generation natural fibe Birla Modal. "
The fibre has potential applications in areas such as clothing,
apparels and made-ups (home textiles). Currently, we are in
advanced stage of talks with some companies for co-branding
exercise and sell as branded product," Grasim Industries
Chief Marketing Officer (fibre division) Vijay Kaul said.
He said the company is undertaking test marketing of the products,
which it plans to release in the market as co-branded products.
" By 2006-07 end, we should see some of the co-branded
products of Birla Modal," he said. As a first step towards
the co-branding exercise, Birla Cellulose, the fibre division
of Grasim Industries, has tied up with leading thermalwear
brand Neva to launch a range of innerwear, thermalwear, and
towels under brandname NevaMod.
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