Home / Knowledge / News / Apparel/Garments / Pradip Overseas plans diversification into denim, apparels
Pradip Overseas plans diversification into denim, apparels
29
Aug '11
Pradip Overseas Limited, a home textiles firm based in Ahmedabad, plans to diversify into apparels and denim segment. The company intends to spend about four billion rupees for expansion of its existing home textile capacity and to set up new apparels capacity.

Pradip Overseas Limited President, Mr. Amit Thakkar said that the company would award contracts for denim manufacturing, while garments would be manufactured at the Ahmedabad factory.

The company proposes to raise its present 140 million metres capacity, most of which is in home textiles, to around 180-190 million metres per annum towards close of the current fiscal, he added.

Mr. Thakkar further said that of the new 40 to 50 million metres capacity that the company proposes to add by close of current fiscal, capacity of around 14 million metres would be utilised for apparel manufacturing.

Meanwhile, the company has launched its personalized home furnishing brand 'MYCK' in the domestic market. MYCK stands for Malt-extract Yeast Chloramphenicol Ketoconazol, a combination of primary colours.

Speaking at the launch, Mr. Pradip Karia, Pradip Overseas Limited Chairman said that with the launch of the new brand MYCK, the company would be easily able to offer first-rate products at a price which is at par with that of local products.

The MYCK brand's offerings at present covers home furnishing items, which have good demand among target customers. However, the firm intends to launch more products under the brand in future.

Under the MYCK home furnishing collection, the brand presently offers 11 mainline products and four elite offerings in towels, duvets, bed linen, comforters and children prints.

Mr. Karia said that in order to bring all class of customers within the reach of the brand, MYCK merchandise would initially be put up for sale in more than 1,500 stores all through the country. Pradip Overseas looks forward to earn around two billion rupees in retail sales of the brand by close of the current fiscal, he added.

Fibre2fashion News Desk - India


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Top executives
Textile industry, India

The event should be organised every year

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search