Thailand’s VT Group will invest 10 million baht in an automation system to monitor and manage in real time its garment manufacturing facility in Bangkok. The new system will improve productivity and quality of its products ranging from jackets and ski wear to jogging suits, shorts and vests. It expects 1.8 billion baht in revenue by the end of this year.
The firm exports 98 per cent of its products to Europe, the United States and Japan with the balance distributed via original equipment manufacturers (OEMs) in the domestic market, according to a report in an English-language newspaper in Thailand.
The company wants to become a world-class designer and manufacturer of sportswear and outerwear, according to managing director Chalumpon Lotharukpong.
The group has three manufacturing facilities in Bangkok, Maha Sarakham province and Yangon in Myanmar. With a monthly production capacity of 182,000 pieces of garments, it plans to invest in its Myanmar unit to meet rising domestic demand. (DS)
Fibre2Fashion News Desk – India