Home / Knowledge / News / Apparel/Garments / Hosiery Company Dollar plans hike in turnover
Hosiery Company Dollar plans hike in turnover
07
Jan '10
Dollar Industries, a hosiery company hopes to achieve a turnover of Rs. 2.8 billion this fiscal. Moreover, it expects to reach to Rs. 3.5 billion by 2010-11. In 2008-09, annual turnover of the company was around Rs. 2.18 billion, informed Mr. Vinod Kumar Gupta, Managing Director of the company.

The year-on-year increase in revenue generation is approximately 35 percent. At present, Dollar is the highest selling innerwear brand in the Middle East. The company has joined forces with German retail giant Carrefour and Lulus in the Gulf.

Currently, this hosiery firm has presence in Delhi, Kolkata and Tirupur. The company has ventured into power generation by installing two wind generation turbines, each of 1.25 MW capacity, in the state of Tamil Nadu. Besides, the installation of a unit to manufacture narrow woven fabric in Tamil Nadu is under process.

This manufacturing unit is being set up at a cost of Rs. 40 million for in-house consumption.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search