Tiruppur Based High-Quality Knitwear Kids Apparel Business Looking for Investment
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This Partnership business is operational since 2010. It is a Microenterprise designing, manufacturing and exporting high-quality knitwear collection of baby products globally. They are specifically involved in designing dresses for babies from 1 to 36 months old infants, kids and do product development and job work for other brands.
They are highly specialized in knitted garments. Handcrafted details on garments are made using the latest technical designs. The company soon stood out for their innovation and quality of products. They export to the majority of Brands in Central Europe and America.
They have a stand-alone design, product development and sampling team, owned printing and embroidery unit and a production capacity of 1500 pcs per day, and 1350 pcs for workmanship styles.
Their general turnaround time is 15 days for Sampling programs and 45 days for bulk manufacturing. They work with all kinds of circular knits, major fabrics like jersey, interlock, loop knit, ribs and variations, loop knit, terry/velour's, fleece and polar fleece. They handle blend like cotton, poly cotton, viscose and blends like organic cotton, bamboo, linen etc.
Employees on the payroll - 11 and daily wage employees - 43
The Turnover for FY 2017-18 was INR 2.35 Cr and net profit margin was 27-30%. The promoter is looking for Investment of INR 1 Cr.
Projected Turnover 2018-19: 3 Cr.
Reason
Need for raw material procurement, the potential to take up multi-project investments, financial back-up, management support
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₹10 to ₹200 Cr
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