Home / Knowledge / News / Apparel/Garments / NTC to launch new range of branded apparels
NTC to launch new range of branded apparels
Apr '11
After its financial revival, through the sale of surplus land, state-run National Textiles Corporation (NTC), now proposes to expand its core business through introduction of a new range of branded apparels.

The Corporation is paving ahead on this front and intends to greatly boost the brand value of the company by close of the current fiscal.

Through this expansion, the company means to diversify itself from being a single-product organization producing only yarn to a multi-product organization engaging itself in spinning, weaving, processing and garmenting.

The company proposes to carry out the garment production work at two of its integrated units, one each in Maharashtra's Amravati and Karnataka's Hassan, and has spent Rs. 600 million and Rs. 2.6 billion for establishing garmenting units in Amravati and Hassan, respectively.

Presently, the Corporation sells shirts under the brand name of 'Entyce' and home furnishings under the brand name 'Rassa', in the local market through its retail outlets.

The Corporation intends to refurbish its non-profit making showrooms to give them a standardised look. The company now operates 92 showrooms across India, of which only 32 generate profits.

NTC plans to invite tenders from experts to revamp these outlets and for marketing of their products.

As assessed on April 4, the company's total income for the financial year 2010-11 rose around four-times to Rs. 27.41 billion, with sale proceeds of mill plots in Ahmedabad and Mumbai contributing a major part of this.

The Corporation during 2010-11 raised Rs. 20.11 billion through sale of land of six non-operational mills, aggregating to 50 acres.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 5th Dec 2016

Uster mill makes Indian yarn firm top supplier to China

Kikani Exports, one of India’s leading yarn suppliers, with 12 years...

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)...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Vasanth Kumar
Max Fashion India

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

Saket Garg
Garg Corporation

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

Kerem Durdag
Biovation II LLC

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

Johan Berlin
InvestKonsult Sweden AB

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Mike Hoffman
Gildan Activewear SRL

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search