Home / Knowledge / News / Apparel/Garments / Makalot to install 100 more production lines by 2011
Makalot to install 100 more production lines by 2011
20
Aug '10
Taiwan-based Makalot Industrial Company, the world's leading garment manufacturer is likely to add another 100 production lines by end of 2011, as it proposes to enhance its yearly production to touch a new high of 12 million dozens of garments in 2012.

The company's production lines, for current year are completely booked till October end, while the total production for 2010, with an yearly growth of 25 percent is projected to touch 8.8-9.0 million dozen garments.

As divulged by L. P. Chou, Chairman Makalot, the company's earnings for 2010 are likely to rise by 10 percent to NT $15-15.5 billion, thus crossing the NT $15 billion mark for the very first time, whereas the pretax earnings per share (EPS), are anticipated to be above NT $8.

The company, with an intent to catch up with the increasing demand in world markets, aims to expand its production activities in Southeast Asia by setting up 40 additional production lines in Indonesia, 30 in Cambodia and 40-42 lines in Vietnam.

On an average if the annual output per production line is estimated to be 24,000 dozens, the company's overall production volume is expected to grow by 2.68 million dozens by end of 2011, as its proposed expansions projects conclude.

Currently, 30 percent of the company's total output comes from its production base in Indonesia and the base in China accounts for 22 percent of the same. For the past few years, wages in China have been rising at an average rate of 15-20 percent, which is very much above the average 10 percent rate in Southeast Asia. This is why the company intends to trim down its production share in China to 10 percent by 2012.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Mark Paterson
Technical Absorbents Ltd

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search