S P Apparels expands to bring additional biz of Rs200cr
17 Nov '06
1 min read
S P Apparels, a leading garment exporter started its new garment making facility with 1,000 sewing machines.
Company has already recorded 25 percent growth rate last year by increasing its capacity by 50 percent.
The new unit will be having 1000 sewing machines and it alone can bring additional business of Rs200 crore. The capital cost for setting up new unit is Rs38 crore.
Company has recently acquired major share in Crocodile brand garments and is planning to open 30 exclusive brand outlets across the country.
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