India being one of the fastest growing economies of the world, which has both positively and negatively, affected the Indian textile industry. On one hand it has become a major retailing hub and a host for various multinational companies on the other hand this has a negative effect on the domestic players. The emergence of mall, brand slavery, fashion awareness, rise in the income level has further reinforced the competition among the multinationals and the domestic players and has lead to opening of number of retail outlets in India.
While the garments business will pose its own set of challenges in terms of providing flexibility in operations and dealing with labor productivity issues, an increasing contribution to revenues from the garments business, which is less capital-intensive & margins-accretive, would augur well for earnings growth.
GOKALDAS EXPORTS
Incorporated in 1979. based in Bangalore. its one of India's largest manufacturers and designer of garments for men, women and children and caters to the needs of several international fashion brands and retailers. Gokaldas Exports has been a major player in the readymade garment industry across the globe.
In the present Indian fashion retailing. Gokaldas has grabbed a distinguished place for itself in the form of The Wear house" catering to the specific fashion needs of the people. The Wearhouse has high profile outlets in Bangalore, Chennai, Hyderabad and Coimbatore.
An ISO 9001,2000 Certified Company has a capacity to produce and export 2.5 million garments a month.
The Group's products include coats. suits, jackets, parkas. windcheaters. ski wear: warm-ups. surf wear, swim wear: trousers, shuns: casual wear shins, ladies blouses and dresses for customers in international market. It nminly operates in India hut expons its products to countries like the United States of America. Canada. Mexico, United Kingdom. Germany. Austria. Strain. Italy. France, Netherlands. Middle East.