Home / Knowledge / News / Textiles / Gokak prepares to sweep domestic garment sector
Gokak prepares to sweep domestic garment sector
23
Apr '08
Gokak Textiles Limited (GTL), a leading enterprise engaged in exporting textile goods has plans to venture for launching its own readymade garments under its brand, 'Fac it'. The company has plans of starting with innerwear for men and children and will introduce its collection by September this year.

An investment of Rs160 crore has been disbursed for use in its factories at Gokak, and Marihal in Belgaum district of Karnataka. The sum was mainly assigned in parts over a period of three years to install additional capacity for meeting the requirements of its new product line.

In an exclusive interview with Fibre2fashion, Mr H S Bhaskar, Managing Director and CEO of GTL stated, “For years we have been supplying fabric to European and American brands. Now, with the increase in our manufacturing capacity, we have plans to launch our own branded garments for the Indian markets. We will initially start by launching undergarments for men, which will be followed by launch of innerwear for women and also readymade trousers and shirts for men.”

When asked about the anticipated response and its current undertakings, Mr Bhaskar confided saying, “During the first year, the company is aiming at a sales of Rs10 crore and Rs100 crore by 2010 and an expected growth of 10-12 percent in 2008-09. Presently, GTL manufactures knitted garments and has set up a fully integrated garment factory at Belgaum and supplies garments to most of the major brands in India like Peter England, John Players, Globus, Pantaloons and international brands like Charles Vougle, Berton, Marks and Spencer, Andrew Sports, Debanhams among others. Besides, Gokak Textiles also launched sweaters under the Campbell brand for both domestic and export markets. It is setting up a new unit at Ludhiana at an investment of Rs 18 crore. It also aims to launch polo shirts and trousers by April 2009.”

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

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

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

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,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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...

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