Home / Knowledge / News / Apparel/Garments / Orient Craft plans about Rs 1.75 bn capacity expansion
Orient Craft plans about Rs 1.75 bn capacity expansion
Jul '10
A top official of Orient Craft Ltd, a leading apparel manufacturing and exporting house from India, while conversing at Mumbai said that, the company, is looking forward to expansion and for the same it intends to spend Rs 1.25 to 1.75 billion, over the span of next three years.

Sudhir Dhingra, Chairman and Managing Director of Orient Craft informed that, the sum would be invested towards capacity building and for attempting other auxiliary trades, such as printing and retailing.

The company plans to fund the investments through internal accruals and debts. Also, they foresee higher interest from individual equity investors for their closely held company, said Dhingra.

The company is based in Gurgaon and operates with 23 high-tech manufacturing facilities in Delhi, Gurgaon, Noida and Rajasthan, holds capacity to churn out 1.5 lakh apparel pieces per day. More so, it has 51 clients from overseas.

The company, for FY 2010, recorded a turnover of Rs 9.36 billion, which comprised of domestic turnover of Rs 360 million, whereas the overseas sales turnover came to Rs 9 billion.

Post completion of its expansion plans, the company is positive on striking a turnover of Rs 14 billion by 2012. This anticipated figure is a total of the exports turnover of Rs 12 billion and domestic turnover of Rs 2.25 billion.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marten Alkhagen
Swerea IVF AB

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


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