Home / Knowledge / News / Textiles / Cottons by Century on massive expansion spree

Cottons by Century on massive expansion spree

Apr '07
B K Birla Group, recently, revealed aggressive expansion plans for Cottons by Century subsidiary to earn a turnover of more than Rs500 crore.

Mahendra Padhy, Head, Marketing & Retail Operations, said, “We achieved a turnover of Rs48 crore in 2006-07 and have set a target of about Rs110 crore this year. By 2010, we aim to touch Rs500 crore."

Company has also decided to move its Asia's largest 100 percent cotton textile production unit from Mumbai to Bharuch by 2008.

Padhy explained, “It is not commercially viable to have the unit in Mumbai any longer. The unit will remain the largest cotton textile mill in Asia even after the shifting, with better productivity and efficiency level, catering to top-end luxury and premium cotton categories.”

Group disclosed strategies to expand exclusive brand outlets (EBOs) by adding 200 new and 300-400 multi-brand outlets (MBOs) within next three years. By 2008 Gujarat will have atleast 7-8 Cottons EBOs.

Around 90 percent of raw materials for Cottons brand comes from Company's own sources. Padhy informed, “The current capacity of all our units is about 4-5 lakh units per annum and we have a scalability of 5-10 lakh units per annum."

Must ReadView All

European Commission proposes new EU GSP for 2024-2034 period

Textiles | On 24th Sep 2021

European Commission proposes new EU GSP for 2024-2034 period

The European Commission recently adopted the legislative proposal for ...

Pic: Shutterstock

Apparel/Garments | On 24th Sep 2021

UK competition watchdog to crack down on green fashion claims

To help businesses understand how to communicate their green...

Pic: Shutterstock/​​Sorbis

Retail | On 24th Sep 2021

Revenues from Chinese apparel retail sales reach $132.44 bn in Jan-Aug

China's retail sales of consumer goods went up by 2.5 per cent year...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Frank Heislitz, Freudenberg

Frank Heislitz

Freudenberg Performance Materials is a leading global manufacturer of...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Hemant Bheda, Arevo

Hemant Bheda

Arevo, based in Silicon Valley in California, develops technology to...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah & Sandeep is a luxury menswear label...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

<b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search