Though toplines increase by 11.8%, profitability takes a big hit – collective turnover is Rs. 34,699 CR
The last two years have been very difficult for the industry and despite our best efforts, getting the industry to share information on its turnover and growth plans has not been an easy task at all. However, 52 companies did share their data, and we salute their spirit as they understand the importance of putting together the Top 100 listing. Another 18 are public limited companies and collecting their data was not so challenging…what was challenging was analysing the facts gained from market sources and coming up with an approximate figure for the rest. There will be discrepancies for sure, but the intention is not so much to talk about individual achievements, but to highlight the way industry is moving at the top.
Of course, many will argue that if the big guys are doing well, it does not equate to the whole industry doing well…. in fact official data claims that in FY 2017-18, exports declined by 4% to US $ 16.7 billion. These facts are reality, but we must remember that only 100 among the best companies with a turnover exceeding Rs. 40 crore are on our list, and it is because of their growth that India could end the financial year with just 4% decline inspite of being marred by major liquidity crunch due to implementation of GST and the effects of demonetisation.
If these growth propellers had not continued to grow their toplines, garment exports from the country as a whole would not have grown with just 4% decline. Talking to these export leaders, it is obvious that though their toplines grew, their profitability took a big hit. Just saying that there was overall growth is only an eyewash and the real situation is indeed worrying and as per latest data, the downturn in overall exports continues and in this year, even some top players have stopped working on their toplines. Although the next six months will clear the position, Team Apparel Resources analyses the data collected for the Top 100 companies in our annual list
Toplines grow for most companies… major findings
As per estimates, these 100 companies in FY 2016-17 (FY’17) registered a total turnover of Rs. 31,036.24 crore, and the same set of companies saw 11.8% growth in the turnover of FY 2017-18 (FY’18) to register a total turnover of Rs. 34,699 crore.
There are 16 companies with turnovers exceeding Rs. 500 crore, registering a combined turnover of Rs. 21,569 crore in FY’ 18. These same set of companies registered a turnover of Rs. 18,903 crore in FY’ 17, hence leading to a collective growth of 14% as far as turnover is concerned.
In the segment of Rs. 200 core to Rs. 500 crore, there are 22 companies with a combined turnover of Rs. 6,690 crore in FY’ 18. The number of companies in this bracket were 17 in the last financial year with a collective turnover of Rs. 5,117 crore. This indicates that five companies have moved into this segment in the last financial year.
30 companies fall in the turnover bracket of Rs. 100-200 crore in FY’ 18 with combined turnover of Rs. 4,364 crore, whereas in FY’ 17, there were 34 companies in this bracket with a collective turnover of Rs. 4,956 crore.
There are 32 exporters in the last rung of Rs. 40-100 crore in FY’ 18 while the number of companies in FY’ 17 was 33. The combined turnover in FY’ 18 is Rs. 2,076 crore while it was Rs. 2,060.24 crore last year.
Delhi-NCR holds its position as the leader in AR’s TOP 100 companies
Though business in Delhi-NCR has taken a major hit with many of the medium and small exporters struggling to survive, yet a majority of the companies in AR TOP 100 are from this region, which only goes to prove that value addition is still a strong strength for both India and the Delhi- NCR players. In this year’s AR TOP 100, the Delhi-NCR region is the most represented area with 43% players coming from this region.
|sr.||Full name of the company||Year of Estb.||Owner/CXO of company with designation||Head Office||Product specialization in Garments||Company structure: Public ltd/Pvt. Ltd.||Estimated Worker Strength||Garment export Turnover FY 2016-17||Garment export Turnover FY. 2017-18|
|All figures have been obtained from company sources and Apparel Resources Pvt. Ltd. / Apparel Online is not legally responsible for any misrepresentation.
* These figures have been sourced from market and have been specifically mentioned as such.
Sl. No. as per turnover in FY-2017-18. NA - Not Available.
Expected turnover for FY 2017-18, shared by some companies have been presumed as their actual turnover for the same FY
|*1||Shahi Exports||1974||Mr. Harish Ahuja, MD||Faridabad||Woven & Knits||Private Limited||1,00,000||5,800||6,380|
|*2||Orient Craft Ltd.||1978||Mr. Sudhir Dhingra, CMD||Gurgaon||Wovens and Knits - Menswear, Womenswear and Childrenswear||Private Limited||32,000||1,860||2,046|
|3||Pearl Global Industries Ltd.||1989||Mr. Pulkit Seth, Vice Chairman||Gurgaon||Woven soft separates, Knits, Bottoms, Outerwear||Public Limited||24,000||857||1,650|
|4||Eastman Exports Global Clothing (P) Ltd.||1983||Mr. N. Chandran, CMD||Tirupur||High fashion both in light knits and heavy knits, Fashion products with innovative fabrics, Trendy washes, Latest print techniques, New performance Shirts, Tank Tops, Sweater Shirts||Private Limited||18,000||1,412||1,600|
|*5||Arvind Lifestyle Apparel : Garments Business||1931||Mr. Sanjay Lalbhai, Chairman||Ahmedabad||Woven Shirts, Jeans||Public Limited||12,000||1,125||1,293|
|6||Shivalik Prints Ltd.||1998||Mr. Narender Aggarwal, CMD||Faridabad||Polos, Shorts, Tank, Crew , Top,etc.||Private Limited||14000||1,240||1,200|
|*7||Gokaldas Exports Limited||1977||Mr. Sivaramkrishnan Ganapathi, MD||Bangalore||All categories in Wovens||Public Limited||27,000||978||1,079|
|8||Quantum Knits (KPR Mill Limited)||2003||Mr. K.P.Ramasamy, Chairman||Coimbatore||Tees,Tank tops, Polos, Pyjamas,Leggings, Graphic Tees, Underwears etc.||Public Limited||20,709||684||1,000|
|*9||Pratibha Syntex||1982||Mr. S. K. Chaudhary, Chairman||Indore||Innerwears, Leggings, Tops, Tees, Polo etc||Private Limited||10,000||744||818|
|*10||Gokaldas Images Pvt. Ltd.||1979||Mr. Jagadish N Hinduja, Chairman||Bangalore||Outerwear, Mens Suits and Intimatewear||Private Limited||18,000||730||800|
|11||Texport Industries Pvt. Ltd.||1979||Mr. Narendra Goenka, MD||Bangalore||Mens Shirts||Private Limited||NA||715||786|
|12||Richa Global Exports Pvt. Ltd.||1991||Mr. Virender Uppal, Chairman||New Delhi||Hi-Fashion & Embellished Garments||Private Limited||10,000||632||695|
|13||Indian Designs Exports Pvt. Ltd.||1993||Mr. Naseer Humayun, CMD||Bangalore||Casual Garments for Men, Women and Children||Private Limited||14,571||579||625|
|*14||Kitex Garments Ltd.||1992||Mr. Sabu M Jacob, MD||Kochi||Knits & Woven Garments||Private Limited||7,000||546||557|
|*15||SCM Garments Pvt. Ltd.||1989||Mr. P.P.K. Paramasivam, MD||Tirupur||T-shirts, Leggings and Underwear||Private Limited||NA||495||540|
|16||Creative Group||1976||Mr. Vijay Agarwal, Chairman||Mumbai||Trousers and Shirts||Private Limited||7,000||350||500|
|17||Modelama Exports Pvt. Ltd.||1979||Mr. Lalit Gulati, Chairman||Gurgaon||Outerwear||Private Limited||7,000||300||445|
|18||Radnik Exports||1975||Mr. Vinod Kapur, MD||New Delhi||Ladies high fashion||Partnership Firm||6,827||355||425|
|19||Matrix Clothing Pvt. Ltd.||1977||Mr. Gautam Nair, MD||Gurgaon||Knitted Polo Shirts and Embellished ladies garments||Private Limited||5,000||374||411|
|*20||Bombay Rayon Fashions Ltd.||1992||Mr. Aman Agrawal, Vice Chairman||Mumbai||Ladies & Mens Tops||Public Limited||38,000||506||404|
|21||Orient Fashion Exports (I) Pvt. Ltd.||2002||Mrs. Meena Sethi, Chairperson||New Delhi||Womenwear & Kidswear||Private Limited||5,971||384||400|
|22||A I Enterprises||1985||Mr. H.E. Abdul Azeez, Chairman||Chennai||Garments (Knitted & Woven)||Private Limited||NA||347||381|
|*23||Laguna Clothing Pvt. Ltd.||2005||Mr. Sarbajit Ghose, MD||Bangalore||Formal and Semi-Formal Shirts||Private Limited||NA||330||363|
|*24||Pee Empro Exports||1980||Mr. Tony Uppal, MD||New Delhi||Ladies and Kids Woven Garments||Private Limited||1,400||320||352|
|25||Sahu Exports||1979||Mr. Manoj Sahu, Partner||Noida||Value added ladies garments||Partnership Firm||3,500||315||350|
|26||Meenu Creation||2001||Mrs. Meenakshi Peshawari, Proprietor||Noida||Ladies Garments||Private Limited||2,000||299||332|
|27||Paramount Products Pvt. Ltd.||1953||Mr.Surinder Mahajan, MD||New Delhi||Ladies/Kidswear||Private Limited||5,500||260||320|
|28||K.M. Knitwear||1993||Mr. K.M. Subramanian, CEO||Tirupur||Babies and Ladies nightwear||Partnership Firm||2,393||265||301|
|29||Shree Bharat International Pvt. Ltd.||1986||Mr. Sanjay Aggarwal, MD||Noida||High Fashion Ladies Garment||Private Limited||1,974||253||278|
|30||B L International (P) Ltd.||1989||Mr. Deepak Aggarwal, MD||Noida||High Fashion Garments (Ladies & Kids)||Private Limited||4,000||220||242|
|31||CTA Apparels Pvt. Ltd.||1993||Dr. Mukesh Kansal, CMD||Noida||Women & kidswear||Private Limited||2,500||200||240|
|32||Go Go International Pvt. Ltd.||1991||Mr. Rajeev S Goenka, MD||Bangalore||Knitted & Woven Readymade Garments For Men, Ladies and Kids||Private Limited||3,400||198||218|
|33||Fine Line||1994||Mr. Rohit Aggarwal, MD||Noida||Ladies & Kids Garments||Private Limited||700||193||214|
|34||Dimple Creations Pvt. Ltd.||1982||Mr. Sharad Duggal, Director||Noida||Ladies & Kids Shirts, Tops, Blouse,Skirts||Private Limited||NA||193||213|
|*35||Silver Spark Apparel Ltd. (Raymond Group)||1925||Mr. Vishal Pratap Singh, Director||Bangalore||Suits||Public Limited||7,000||290||201|
|36||Aditya Birla Nuvo Ltd., Unit - Madura Garment Exports||2005||Mr. Sathyajit Radhakrishnan, President International Business||Bangalore||Shirts, Trousers, Suits, Blazers, Denims, T-shirts, Winterwear||Public Limited||10,652||184||200|
|37||Gupta Exim (I) Pvt. Ltd.||1990||Mr. Sandeep Gupta, MD||Faridabad||Cotton knitted garments||Private Limited||3,237||162||200|
|38||Wear Well India Pvt. Ltd.||2002||Mr. Bharat Sahni, Owner||New Delhi||Kids & Ladieswear||Private Limited||2,800||190||200|
|39||Clifton Export Pvt. Ltd.||1994||Mr. B. Nadanasabapathy, MD||Tirupur||Babywear, Nightwear, Underwear & Kidswear||Private Limited||2,600||180||198|
|*40||Amrit Exports||1996||Mr. Anil Buchasia, Director||Kolkata||Workwear||Private Limited||NA||176||194|
|41||R.K.Industries||1973||Mr. Ajay Agarwal, Partner||Chennai||Mens shirts||Partnership Firm||3,110||175||193|
|42||Global Mode and Accessories Pvt. Ltd.||1988||Mr. Promod Mehra, MD||Noida||All kinds of value added and basic ladies garments||Private Limited||4,560||170||185|
|43||Mira Exim Ltd.||1985||Mr. A.K. Jain, Chairman||New Delhi||High Fashion Ladies & Kids Apparel||Private Limited||700||165||182|
|44||Golden Seams Industries Pvt. Ltd.||2004||Mr. Sanjjev Mukhija, MD||Bangalore||Trouser/Shorts||Private Limited||1,998||147||180|
|*45||Cactus Clothing Company||1992||Mrs. Shirley Rohan, MD||Bangalore||Printed Shirts||Private Limited||NA||160||176|
|46||Davinder Sandhu Impex Ltd.||1993||Mr. Davinder Singh, Director||Ludhiana||T-Shits||Private Limited||2,000||255||170|
|47||Anugraha Fashion Mill Pvt. Ltd.||2008||Mr. P. Mohan, MD||Tirupur||Leggings, Ladies T-Shirts & Tops||Private Limited||1,750||151||160|
|48||SRG Apparels Pvt. Ltd. (Prime Tex Group of Companies)||1989||Mr. R. Govindaraju, MD||Tirupur||Babies and Childrenwear (knits)||Private Limited||3,500||150||160|
|*49||Shell Apparels Pvt. Ltd.||1994||Mrs. Vasudha Vasuki, Founder||Bangalore||Denim, Outerwear||Private Limited||3,000||145||159|
|50||Trend Setters International||1983||Mr. Sudhir Sekhri, Managing Partner||New Delhi||Ladies Garments||Private Limited||1,900||138||151|
|51||Unisource Trend India||2004||Mr. V. Rajamahendran, Director (Mktg)||Tirupur||Knitted Garments||Private Limited||1,000||138||151|
|52||Stanfab Apparels Pvt. Ltd.||1993||Mr. E.R. Eswaran, MD||Chennai||Men shirts, Ladies tops and Kids dress, pjs||Private Limited||5,000||132||150|
|53||Magnum Clothing Pvt. Ltd.||1986||Mr. Ravi Prakash Singhee, Director||Chennai||Ladies, Kids fashion products -tops,dresses, blouses, skirts, bottoms, playsuits, beachwear||Private Limited||2,492||165||150|
|54||JPM Exports||2009||Mr. Pankaj Madhogaria, Director||Kolkata||Workwear, Sportswear and Outerwear||Private Limited||NA||132||145|
|*55||Opera Clothing Pvt. Ltd.||1995||Mr. Sanjay Jain, Director||Mumbai||Woven Garments - Men, Children and Women||Private Limited||NA||126||138|
|56||Rainbow Fabart Pvt. Ltd.||2003||Mr. Rajeev Mehta, MD||Noida||Ladieswear||Private Limited||NA||121||133|
|57||TCNS Limited||1972||Mr. A. S. Pasricha, MD||Noida||Knit/woven/sweater combinations for kids/girlswear & womenswear||Public Limited||11,000||111||124|
|58||Campari Exports Pvt. Ltd.||1989||Mr. Sunil Mehra, Director||Gurgaon||Ladies and Kids Value added garments-knit and wovens||Private Limited||900||110||121|
|59||Eveline International||1976||Mr. Deepak Dumra, Partner||Ludhiana||Knitted Garments (T-Shirts, Sweat Shirts & Jackets)||Private Limited||1,944||110||121|
|60||Nancy Krafts Pvt. Ltd.||1988||Mr. Narinder Pal Singh, MD||New Delhi||High Fashion Ladies Garments||Private Limited||600||110||121|
|61||Penguin Apparels (P) Ltd.||1990||Mr. Anbukani Mariappan, MD||Madurai||Trousers, Shirts, Jackets||Private Limited||2,365||104||120|
|62||Kimo Clothing||2001||Mr. Rajeev Sharma, Director||Noida||Ladies Garments||Private Limited||NA||118||120|
|63||Ahill Apparel Exports (P) Limited||1994||Mr. D.Elango, MD||Tirupur||Yarn dyed polos, Rugbys, Printed tees & girls tops||Private Limited||2,650||120||120|
|*64||Acknit Industries Ltd.||1990||Mr. Shri Krishan Saraf, MD||Kolkata||Workwear||Public Limited||NA||118||111|
|65||CBC Fashions Asia Pvt. Ltd.||2003||Mr. T.R. Vijaya Kumar, MD||Tirupur||Kidswear, Nightwear & Menswear||Private Limited||1,765||95||110|
|66||Danavarshini Exports Pvt. Ltd.||1995||Mr. N.Sreedhar, MD||Tirupur||Ladies Casuals||Private Limited||950||116||110|
|*67||E-Land Apparel Ltd.||1986||Mr. Jae Ho Song, MD||Mumbai||Womenswear||Public Limited||NA||111||108|
|*68||Lux Indusries Ltd.||1995||Mr. Ashok Todi, Chairman||Kolkata||Undergarments, Knitted garments||Public Limited||NA||92||103|
|69||Jyoti Apparels||1976||Mr. H. K. L. Magu, Managing Partner||New Delhi||Ladies & Kids Garments, both Woven & Knitted||Partnership Firm||1,250||90||95|
|70||Enrich Exports||2007||Mr. P. Prakash, CEO||Tirupur||All types of knitted garments and woven shorts & pants||Private Limited||865||84||95|
|71||MS Fashions Wear Pvt. Ltd.||2012||Mr. Madan P. Sundesha, Director||Mumbai||Kidswear, Menswear and Womenswear||Private Limited||NA||96||92|
|72||Dynamic Designs Inc.||1993||Mr. Bhupinder Singh Sachdeva, Chairman||Gurgaon||Washed Garments, Tops, Dresses||Private Limited||NA||83||91|
|73||Million Exporter Pvt. Ltd.||2008||Mr. Narinder Chugh, MD||Ludhiana||Knitted Garments||Private Limited||NA||99||90|
|*74||Nahar Spinning Mills Ltd.||1980||Mr. Dinesh Oswal, MD||Ludhiana||Knits||Public Limited||NA||86||85|
|*75||Mandhana Industries Ltd.||1984||Mr. Manish Mandhana, JMD||Mumbai||Topwear||Public Limited||4,000||137||85|
|76||Lodha Impex||1973||Mr. Dalpat Lodha, Proprietor||Mumbai||Ladies Garments||Proprietary||1,000||67.24||80|
|77||Paragon Apparel Pvt. Ltd.||1995||Mr. Roshan Baid, MD||Noida||Sports Garments (Performance Wear)||Private Limited||3,345||85||80|
|78||Strange Exports Pvt. Ltd.||2003||Mr. Neeraj Prakash & Mr. Anil Bountra, Directors||Noida||Ladies & Kidswear- Woven, casual and fashion||Private Limited||958||66||80|
|79||Madan Trading Co. Pvt. Ltd.||1977||Mr. G. S. Madan, MD||Faridabad||High Fashion Ladies Garments||Private Limited||NA||66||73|
|80||Meenakshi India Limited||1991||Mr. Ashutosh Goenka, MD||Salem||Non-Denim Bottom & Outerwear||Private Limited||1,500||66||73|
|81||New Delhi Export House||1993||Mrs. Kusum Uppal, Partner||Noida||Woven- Ladies & Girls||Partnership Firm||260||68||71|
|82||Strawberry Studio / Maestro Fashions||1991||Mr. D M Pandya / Mr. Atul Ruparelia, Directors||Noida||Kidswear||Private Limited||1,000||65||70|
|83||Fashion Knits||1990||Mr. Ravi, Mr. Ramu, Managing Partners||Tirupur||All types of knitted garments||Partnership Firm||1,120||60||70|
|84||Warsaw International||1989||Mr. Raja M Shanmugham, Managing Partner||Tirupur||Value added garments-Mens||Partnership Firm||832||75||70|
|85||Celestial Knits & Fabs Pvt. Ltd.||1993||Mr. Rajeev Bansal, MD||Noida||Womenswear||Private Limited||1,000||55||65|
|86||Colorlines Clothing India Pvt. Ltd.||1996||Mrs. Bela Katrak, MD||Bangalore||Kidswear||Private Limited||2,085||60||60|
|*87||Loyal Textile Mill Ltd.||1956||Mrs.Valli M Ramaswami, Director||Kovilpatti||Workwear||Public Limited||NA||54||60|
|*88||Ginza Industries Ltd.||1986||Mr. Ashok Kumar Sethia, CMD||Mumbai||Lingerie, Womenswear||Public Limited||NA||52||57|
|*89||Maral Overseas Ltd.||1991||Mr. Shekhar Agarwal, MD||Noida||Knitted Ladies, Mens and Kids Casualwear, Sleepwear, Loungewear, Sportswear||Public Limited||NA||67||55|
|90||Sargam Exports Limited||1985||Mr. Lalit Kumar Maskara, MD||Gurgaon||Ladies Garments||Public Limited||1,800||48||50|
|91||Mallcom (India) Ltd.||1983||Mr. A. K. Mall, MD||Kolkata||Woven Safety Garments and Work Uniforms of Cat I and Cat II||Private Limited||2,600||45||50|
|92||Cheer Sagar||1991||Mr. Ravi Poddar, Partner||Jaipur||Ladies/Kids fashionwear in woven & knits||Partnership Firm||500||38||45|
|93||Moissanite Apparels Pvt Ltd||2011||Mrs. Anshu Saxena, Director||Noida||Woven-Ladies & Kids apparels||Private Limited||1,000||34||45|
|*94||Pooja International||1969||Mr. Rajat Kumar, CEO||Noida||Kidswear||Private Limited||1,500||40||45|
|95||Neetee Apparel LLP||1994||Dr. Animesh Saxena, CEO||Gurgaon||Ladies & Childernwear||Private Limited||750||34||42|
|96||Century Apparels Pvt. Ltd.||1992||Mr. Reuben J Swamidoss, CEO||Tirupur||Knitted & woven garments for Men, Women and Children||Private Limited||NA||50||42|
|97||Gupta & Company||1981||Mr. Ashish Gupta, MD||Chennai||Specialisation in ladies woven garments||Partnership Firm||122||33||40|
|98||Genus Apparels Ltd.||2003||Mr. Amit Agarwal, MD||Faridabad||Hi-fashion knitted tops||Public Limited||600||36||40|
|*99||Indo British Garments Pvt. Ltd.||1997||Mr. Raj Kamboj, MD||Faridabad||Uniform, Workwear||Private Limited||700||35||40|
|100||Eric Apparel Pvt. Ltd.||1996||Mr. M O Johnse, MD||Mumbai||Kidswear, Mens & Womenswear||Private Limited||NA||36||40|
Overall, Gurgaon has 8 companies, Noida has 19 companies, Delhi has 10 companies and Faridabad has 6 companies on the list. The collective turnover of this region as represented in the listing is Rs. 18,672 crore, which is 53.81% of the total turnover represented by the listing. Of the total players in this region represented on the list, there are 28 exporters having turnover of more than Rs. 100 crore.
With 14 and 12 players respectively on the list, Tirupur and Bangalore occupy the second spot
The second-most represented region in AR TOP 100 is Tirupur with 14 companies with a collective turnover of Rs.3,727 crore in garment exports. The region has made a good comeback, after a few dull years and there are 9 companies from this area with a turnover of above Rs. 100 crore, with Eastman Exports leading the way. It is to be noted here that this region has seen some bad times because of many reasons including competition from Bangladesh on basics, but the region has really upgraded its capabilities and is now giving some very high value knit products, which has helped it remain on the preferred destination list.
Exporters from Bangalore are also well represented with 12 players with a collective turnover of Rs 4,847 crore in exports. Of the 12 players listed, 10 are having turnover of above Rs. 100 crore which is indeed impressive.
Bangalore has always been the goto place for international retailers looking for structured clothing be it formal shirts, trousers or denimwear. The sewing and washing facilities in the city are among the best available in the country. Even Shahi, which technically is counted from the Delhi-NCR region, has a very strong base in Bangalore. The city is all about volume production and good technology.
Mumbai is represented in the AR TOP 100 list by just 9 companies with a collective turnover of Rs. 1,504 crore, out of which 4 are having a turnover of more than Rs. 100 crore in garment exports. Other manufacturing bases represented include 5 players from Chennai with a collective turnover of Rs. 914 crore, with four companies having a turnover of above Rs. 100 crore. The remaining players come from diverse centres like Ludhiana, Indore, Salem, Kolkata and Jaipur. We have taken company locations as per head offices and as repeatedly mentioned, it is a bit difficult to segregate turnovers by regions as many companies have headquarters in one city but factories in others.
Though the list is not without its weak points, it is a reflection that the industry leaders want to grow and are asking for efforts to stay relevant for the international buyers. In all these years that we have been doing AR TOP 100, we have continuously stressed that it does not matter if an individual company is doing well or not, what is important is how the industry is collectively doing and what are the directions so that policy makers of the apparel export industry can take informed decisions and support the industry in its growth.
Also, buyers who religiously look up at the listing can clearly analyse how key companies are doing and get an update on the strengths of the companies that are not familiar to them. Further, AR TOP 100 is the only survey of Indian apparel exporters and is not just a ranking on the base of turnover. It even highlights the direction of the entire industry discussing what the industry feels on critical issues like steps which are the need of the hour; achievements, obstacles, CSR and sustainable efforts; it’s basically an effort to present the real picture of the apparel industry to every stakeholder of this industry.
Companies that should have been on the list …
Apart from the specified list of 100 exporters, there are many other export houses in India which are doing good or are having capabilities to do volume orders as they have good capacities, but we were unable to get credible information regarding them. These include names like Brandix India, Best Corporation, First Step Baby Wear, Ambattur Clothing, Scotts Garments, Gaurav International, Richa & CO., Chintoo Creation, Concept Clothing, AKR Textiles, Cotton Blossom, Karle International, Rolex Hosiery, Boutique International, Poppys Knitwear, The Cotton And Textile Corporation, Birdy Exports, Magnolia Martinique Clothing, Opera Global, Chelsea Mills, Sabs Exports, Siddarth Organisation, Fashion Flare International, KG Exports India, Arashu Clothing Company, Balu Exports, Esstee Exports, Icewear Creation, Fibres & Fabrics International/ Jeans Knit, Sri Lakshmi Apparels/ CR Garments, Ajay Knitwears, Centex exports, Royal Classic Mills, TNR International, Goodwill Fabrics, Precise Seamless, Permeshwar Creations, Saraf Textile, CottonWorld and Sree Santhosh Garments.
Results of Opinion Poll
Most important factor/change which can propel India to greater growth in garment exports
- Introduction of the use of winter garments’ technology, extended OT hours
- Subsidy on participation in abroad fairs should be extended to medium-level enterprises also
- Uniform compliance of buyers
- Benchmark working standards for countries like Bangladesh, Vietnam, etc.
- More stable exchange rate
- Skilled workforce on floor and managerial level
- Higher exports incentive
- The MMF/Synthetic fibre should be available at international prices in Indian markets
Apart from consistent quality, delivery and compliance, other points that attract buyers to work with exporters
- Hygienic factory with good worker policies (happy workers), with great quality execution
- People engagement
- Design input
- Responsiveness to change
Major sustainable/CSR initiatives of the Top 100
- Establishment or support to various charity trusts
- HERhealth project
- Supporting education through various modes
- Blood donation camps, health check-up camps
- Supporting toilet-making initiative
- Supporting Swachh Bharat initiative