Home / Knowledge / News / Apparel/Garments / Rupa & Co to venture into readymade garment production
Rupa & Co to venture into readymade garment production
14
Dec '10
Rupa & Co Ltd is trying to raise resources from the capital market so that it can venture into the ready-to-wear garments and launch other new textile products. Currently, it is the biggest hosiery company of India.

The company revealed that it is intending to make use of the capital market in order to draw resources for expansion and diversification into readymade apparels and non-hosiery segments.

The company will need Rs 100 crore at the minimum in order to foray into the ready-to-wear garment segment and for establishing a new printing and dyeing unit. The company also is planning to launch its brand in several countries of Africa and South Asia.

According to the Chairman of the company – P R Agarwala, the company has plans to initiate the production of jeans and several other textile products as their demand is rising in the market.

The company had witnessed a net profit of Rs 25.23 crore in the last fiscal year, which was 77 percent more than that of the previous year. In spite of the pressure imposed by the raw material that is hike in the prices of cotton yarn, the company is optimistic about recording a better growth and higher profit in the present fiscal year.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

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

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

Sunil Rathore
Lacoste India

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marten Alkhagen
Swerea IVF AB

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

Eric Scholler
Groz-Beckert

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sanjukta Dutta
Sanjukta's Studio

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

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
March 2017

March 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