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Hyosung Targets India’s Spandex Market for Growth With First Factory

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Hyosung Corp. has opened its first spandex plant in India, expanding its capacity in a vital growth market. Located in the AURIC Industrial Complex near Aurangabad, the new 400,000-square-meter plant can produce 18,000 tons of spandex annually. With a population of more than 1.37 billion, India is the seventh largest economic power in the world,…

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