Tech
OfBusiness completes 100% acquisition of Indian Design
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Indian Design, the Bengaluru-based garment and home textile manufacturer, is now fully owned by OfBusiness after the acquisition of the remaining 30% stake previously held by others.
With this move, OfBusiness consolidates its apparel vertical, merging Indian Design into its broader platform that already spans metals, chemicals, agri-processing, and apparel.
Indian Design reportedly generates annual revenues of around Rs 1,300 crore and supplies apparel and home-textile products to global brands such as H&M, GAP, Old Navy, Columbia and IKEA.
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