How do you see emerging manufacturing hubs in your industry in India, Sri Lanka and Bangladesh?
There are some Export Processing Zones (EPZ) coming up with good facilities. Gazipur is growing very fast with different backward linkage products like fabrics, accessories, machineries, logistics, warehouses along with production units for readymade garments.
How has e-com impacted your business? What steps have you taken to counter or be a part of this boom?
E-com plays a big role in the whole apparel industry. However, as a manufacturer, we are not directly related with e-com. Platforms like Fibre2Fashion help in getting new buyers, customers and suppliers, and you can get some idea about market trends and detailed information about the current apparel industry from there.
*Which are your biggest markets?
Japan, South Africa and European Union are our biggest markets.
Which are the three main policies followed at your units?
On-time delivery, acceptable quality level and minimum price are the three main policies followed at our units. We also take care of the welfare of workers, keeping minimum profit.
What is your market value? Please give details of your last two fiscals and your expectations for the coming two fiscals.
Our last turnover is:-
For 2013-2014 - US$ 2.8 million
Our expected turnovers are as below:
For 2015-2016 - US$ 4.2 million
For 2016-2017 - US$ 6.0 million
For 2017-2018 - US$ 8.0 million
What budget have you allocated towards R&D?
Yearly budget for R&D is US$ 10,000 to US$ 15,000.
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