Home / Knowledge / News / Textiles / Jharcraft turnover up in leaps & bounds

Jharcraft turnover up in leaps & bounds

10
Apr '10
Handicraft, silk and handloom department of Jharkhand is now active in setting up a number of showrooms, on franchisee basis and on its own, it aims to garner a turnover of Rs one billion within two years. The department gets buyers for its products through Jharcraft, its chain store in the country.

A department official said that the department intends to open stores in every possible region of the country. It is also thinking over establishing an emporium in Mauritius, on a franchisee basis, pertaining to which negotiations are on.

The department generated Rs five million in the year 2007-08; while in 2008-09 its turnover surged to Rs 70 million and in 2009-10; this turnover grew twofold to Rs 150 million.

The department expects to see its sales growing leaps and bounds with the opening of a number of 'Jharcraft' emporia across the country and especially, as it has joined forces with several agencies for tussar silk. Now the department has several such items, which can attract good number of buyers in international market.

It has recently opened 'Jharcraft' outlets in cities such as Kolkata, Mumbai, Pune and Delhi. Now it is planning to open stores at Giridih and Dehradun on its own and open 'Jharcraft' outlets in Ranchi and Dumka on franchisee basis. There are 10 'Jharcraft' emporia across the country, six out of which are run on franchisee basis and four are directly owned.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 1st Apr 2020

Indian ministry asks over 10 manufacturers to produce PPE

The Indian health ministry has asked over 10 domestic manufacturers...

Pic: Shutterstock

Apparel/Garments | On 1st Apr 2020

Five more brands not to cancel export orders to Bangladesh

Five more global fashion brands-three European and two North...

Pic: Venturelli Luca / Shutterstock.com

Retail | On 1st Apr 2020

H&M to take goods already manufactured, assures suppliers

Swedish retail giant H&M recently assured its garment suppliers of...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

There's a lot more potential in women than what we are witnessing today

Top executives, Textile industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Urmil Arya,

Urmil Arya

Sushila International, a well established textile organisation established ...

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Zennure Danisman,

Zennure Danisman

Since its inception in 1953, Orta Anadolu has been weaving a denim...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ashok Desai, Bombay Textile Research Association

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions & Vertriebs Gmbh, founded in 1978 and headquartered ...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2020

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


Advanced Search