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China : Luokafu plans 'big' entry in Chinese market |
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2006-5-9
China : Luokafu plans 'big' entry in Chinese market
Leading home textiles maker of the world, Luokafu of Italy plans to build a production base in Jiaxing city, Zhejiang province. With total investment of RMB120 million, company will erect this base occupying an area of 70,000 square meters.
This will be the biggest manufacturing base of any Italian company in china. All the equipments will be imported from abroad.
Company holds first position in home textile industry, and its main products are bed clothing, home decor and home textile.
According to Chinese market requirement, company will have to struggle to make Luokafu brand recognized in China.
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