A press release from Eastman Exports said it will use the new investment for capital expenditure, strengthening backward integration and customer acquisition among others. The funds will also help the company expand its presence in the global apparel industry, especially at a time when other countries are facing a slowdown and to capture the overall "China Plus One Strategy" of divesting manufacturing away from a single country.from Healthcare/Biotech-Industry-Economic Times https://ift.tt/B2DZanj
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