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

Union Minister for finance Arun Jaitley chairing the 25th GST Council meeting, flanked by minister of state for finance Shiv Pratap Shukla (right) and finance secretary Dr Hasmukh Adhia. Courtesy: PIB

Textiles | On 20th Jan 2018

GST rate on velvet fabric reduced to 5%

The 25th Goods and Services Tax (GST) Council meeting, held under the ...

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

Textiles | On 20th Jan 2018

RIL petrochemicals’ revenue grows 47.6% in Q3 FY18

The revenue from the petrochemicals segment at Reliance Industries...

Courtesy: Cotton USA

Textiles | On 20th Jan 2018

US cotton bodies pledge to support CCI activities

Ten US cotton organisations have pledged industry contributions in...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Liz Manning

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

Abhishek Pachauri

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts
Eurofibers

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sanjukta Dutta
Sanjukta's Studio

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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