Director India Industrial Garment Machines Pvt Ltd
Which are the core areas that you work in, and what is the growth potential in each niche?
IIGM Private Limited has been at the forefront of bringing technology to the garment industry in India since 1979. We architecturally plan. We supply technology from cut to finish, and we keep over 15,000 factories running with parts replacement and service warranty all year round.
IIGM represents over 30 world renowned brands for electrifying, cutting, sewing, unit productivity systems, software, embroidery, washing, finishing and spare parts. Each one of our partners has used our platform of 15 offices across several regions along with 200 sales staff and over 200 service staff to successfully promote their brands in India.
Clearly, our service and spares support has allowed our customers to have less down time of their assets and increase their productivity substantially. The projects division helps customers design factories, improve efficiency and suggest cost effective machinery. Our sales team caters to machinery needs from cut to finish, keeping ROI as their highest priority. The electrical division provides high-tech solutions for safety and functionality, electrifying commercial malls and hotels as well. Most importantly, our service division extensively records and rectifies machinery in over 1,000 factories each month, while our spares division sources the highest quality parts from all over the world.
The Indian Garment Growth Story (IGGS - as I'd like to call it) has just begun with several B-C type customers looking to professionalise their factories with trustworthy partners. Just as with the rest of India, automation and software in this space is now going through a revolution, and will continue to do so.
What percentage of your overall profit is allocated towards R&D?
We are not a manufacturing company. Hence, there is no fixed percentage that is allocated towards R&D, because it is not needed. However, trading technology is skilfully keeping an eye out for the latest trends in design, innovation, safety and reliability. As service providers, we are constantly investing in our employees, our service network, our infrastructure and our customer relationship management systems. IIGM believes in exposing its employees to skilled training, trade shows, shop floors and travel to source the highest quantity products.
What is your market value?
IIGM and its sister concern companies have an annual turnover of $90 million. IIGM Private Limited, by itself, has seen a YOY growth of 30 per cent over the past three years.
Any future investment plans?
We are investing in the Product Life Cycle Management space with the help of Gerber Technology. Designers can be walking the face of this earth sending designs to their shop floor, where patterns will be cut and samples will be finished within 48 hours. We are also investing in e-commerce, CRM, SAP and other internal technology to give our employees the power to make decisions and give our customers a better experience.
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