Garments

摘要

Opportunities for growth in the garments business has been increasing, thanks to the removal of quotas and the growing acceptance of Indian garments manufacturers as suppliers of quality products at competitive prices. Looking at this, Alok entered this segment, with an initial capacity of 1 million pieces per annum. The current capacity of 8 million pieces per annum is being enhanced to 15 million pieces p.a. at Silvassa by FY 2008. Alok's garments business is driven through exports, though a small volume is now being sold through its in-house retail channel (about which we shall discuss in a separate section). During FY 2006-07, the garments business grew 94.7% over last year, reaching a value of Rs 29.03 crores. Although this growth is on a small base figure, garments export is an area where Alok sees profitable business opportunities. Being a preferredominated supplier of apparel fabrics to international garment manufacturers, retailers and brands, the approval process for garments would become easier and faster.