Neva Garments Ltd aims to accomplish a growth rate on 25-30 percent within next four years and foray in thermal wear also, informed Vishal Jain, Executive Director. He stated that to achieve this target, the company is planning to introduce new products, develop the marketing network and also explore high potential export markets.
He explained that since thermal wear are winter products, the company has now forayed into innerwear and lingerie segments for men and women.
This way, his company expects to draw customers all through the year.
Jain also added that the response for these products was heartening and so in coming year, lingerie will be a major focus.
Company exported to the Middle East in 2005 and now is eyeing the European and North American markets.
Knitted products, casual outwears, home furnishing, and bed linen sectors would also be explored soon, he said.
Neva Garments a leading innerwear manufacturer has plant at Ludhiana, North India, with production capacity of 10000 pieces per day.