News: Pantaloon unit in JV with France's Etam

(RTR 03/05/2006) Mumbai - Textile firm Pantaloon Industries Ltd said on Wednesday its Indus-League Clothing Ltd. unit will set up an equal joint venture with Etam Group to make and sell lingerie and women's wear. No financial details were disclosed.

French clothing retailer Etam Development had said in April, it was in talks with two Indian groups about launching retail operations.