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

Apparel/Garments | On 1st Mar 2017

CMAI's Apparel Index for Q3 shows lowest growth at 1.4 pts

CMAI’s Apparel Index for the third quarter FY 2016-17 shows that the...

Courtesy: Carter

Apparel/Garments | On 1st Mar 2017

Kidswear retailer Carter’s acquires Skip Hop Holdings

US headquartered kidswear retailer Carter’s said it has acquired Skip ...

Courtesy: Lectra

Information Technology | On 1st Mar 2017

Lectra makes new strategy for fashion in Industry 4.0 era

Lectra, the world leader in integrated technology solutions, has...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Marten Alkhagen
Swerea IVF AB

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

Paolo Ocleppo
Sandvik Hyperion

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

Johan Berlin
InvestKonsult Sweden AB

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi
SVA

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

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
February 2017

February 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