Ghaziabad-based fabrics maker Alps to double turnover in 2 years
03 Feb '07
1 min read
The Rs 250-crore Alps Industries Ltd is planning to triple its turnover in two years with a focus on its home furnishing products, according to Mr Sanjay Gupta, General Manager, Alp Industries Ltd.
The Ghaziabad-based company manufactures fabrics and made-ups besides a range of fashion accessory products such as shawls, stoles, mufflers, wraps and scarves.
The company also has a range of interior decorative products such as window coverings, awnings, garden umbrellas and wooden floorings. In the domestic market, the products are marketed under its own brands, Le Pashmina and Vista
The company is investing Rs 400 crore in increasing capacity to manufacture decorative fabrics and yarns in Uttranchal.
Mr Gupta said that the company hoped to cash in on the demand for home furnishing in the Rs 500-crore domestic market and will be spending Rs 8-10 crore to promote the companies' products.