India's thriving real estate market attracts small & medium-scale manufacturing companies to launch projects or monetize prime land assets.
As land rates soar, textile companies like Provogue and Century Textiles pivot to real estate, aiming to enhance cash flows and diminish debts amid rising property prices.
Textile companies are increasingly venturing into real estate development, including Bombay Dyeing and Century Textiles, as the sector experiences a resurgence.