Home / Knowledge / News / Apparel/Garments / Dollar innerwear to tap new west Asian markets
Dollar innerwear to tap new west Asian markets
Dec '10
Dollar Industries, which has in its stable one of the top selling innerwear brands in India is planning to tap new Asian markets like Iran, Iraq and Myanmar after having created a mark in the lucrative Gulf countries, by being one of the largest innerwear exporters from India.

In the previous fiscal year, Dollar clocked a turnover of Rs 2.96 billion and expects to grow by around 18 percent and post revenues of Rs 3.50 billion in the current fiscal. It also exported Rs 250 million worth of goods in 2009-10 and has targeted to touch Rs 280 million in 2010-11.

Dollar which has roped in bollywood actor Akshay Kumar as its brand ambassador has four production units in Delhi, Ludhiana, Kolkata and Tirupur, churns out over 350,000 pieces per day. It also went in to backward integration and acquired a spinning mill in Tamil Nadu, recently.

Speaking to fibre2fashion, Mr Vinod Gupta, Managing Director - Dollar Industries informed, “Both Iraq and Iran have a good market for Indian hosiery products, because of heavy infrastructural developments and there is no difference in perception of consumers in the countries of the region and those from India”.

Revealing his other plans, he said, “We are also eyeing the European market with our new product 'Myme' and our association with retail giant Carrefour would lead us there”. The company has launched for the first time in the history of vest in India, Men's 'Designer Undershirt' – 'MyMe', designed by eminent designers of this generation using fabrics made from'100% American Pima Cotton'.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Marcel Alberts

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Bani Batra

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

Prathyusha Garimella
Prathyusha Garimella

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

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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