Tuesday, 23 September 2014

TT Textiles Aims at Rs 1000-cr Turnover by 2015

TT Textile Ltd., best known for its innerwear and warm innerwear clothing has created a greater niche in the market with sub-brands like Hotpot, Elite, Aldo and Titanic. Integrated as a textile producer and garment manufacturer, TT Textile Ltd is anticipating to attain a turnover of Rs 1,000 crore by 2015. 

As per Mr. Sanjay Jain, Joint Managing Director, TT indulges in manufacturing an extensive range of thermal wear for men, women and kids using blends of different fabrics like brushed/raised interlock downy, drop needle and sewed fabric. The range retailed in the market is priced between Rs 150 to Rs 400.

The organization has a retail system of 20 Ebos, and 10,000 Mbos. It is likewise supplying to various organized retail chains and networks. "To accomplish our arrangement of expanding our reach, we plan to expand the number of EBOs to over 100 in the coming two years and are undertaking Rs 150 crores development plan to be completed in the following year and a half,"  Mr. Jain said.

The company has been able to establish 25 franchise production units at eight different locations, working exclusively for T.T. Its Manufacturing comprising places such as  Gajroula (UP), Avinashi (Tamil Nadu), Tirupur (Tamil Nadu), Kolkata (West Bengal), Gondal (Gujarat) and Rajula (Gujrat).

The Rs 750 crores thermal wear usage is equally split between brands and the unorganized segment, among Indians. ``To stay ahead, brands need to focus and emphasize on research continuously and come up with innovation using variety in fabrics’’, he said.

With consumers looking for unique fashion elements in terms of colors, styles and fabric even in the thermal wear range, this year, TT has introduced its winter range with a mélange of colors. It includes quilted fabric range (Elite sub brand) and kids clothing range in drop needle fabric under the Aldo sub brand. “Nowadays, it strives to use better fibers in their thermal inner wears to achieve same level of warming with light-weight fabrics. This development has proved comfortable for the wearer since he doesn’t have to wear thick and heavy thermals to stay warm,” he said.

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