Coimbatore based garment unit starts new facility

Avinashi-based S P Apparels, a leading fully integrated garment exporter, today started its new garment making facility with 1,000 sewing machines.


The new unit has been set up at a capital cost of Rs 38 crore, which alone can bring in an additional Rs 200 crore of business, company managing director P Sundararajan claimed.


Talking to visiting journalists, Sundararajan said the facility would help the company, which has recorded 25 per cent growth rate last year, in consolidating its operations in-house and increase capacity by 50 per cent.


On expansion, he said the company is investing Rs 300 crore, including spinning Rs 145 crore, knitting Rs 22 crore, windmill Rs 52 crore, dyeing and processing Rs 38 crore and retailing Rs 25 crore, over a period of three years, he said.


The company, which has recently acquired major share in Crocodile brand garments, will open 30 exclusive brand outlets across the country, Sundararajan said.

Source: Chennai Online