ANALYSING

PERFORMANCE
OF TOP 100
GARMENT
EXPORTERS
2014
2

About us
Apparel Resources is as an organization with
over two decades of deep interaction with
the Apparel and Textile industry in the Indian
subcontinent under the name and style Apparel
Resources. We are an established name as a
knowledge partner to not only the industry but
also to the academicians and students. The
organization is actively involved in Research &
Our Development, Industrial Training and Consultancy
Services initiatives. Apparel Resources has been involved
in conducting surveys, publishing annual Top
Market Analysis 100 rating of companies in the garment industry
Trade Analysis besides insightful research/ analysis of textile
Training and Consultancy and apparel trade statistics, especially related to
Seminars and Workshops
global trade.
Industry targeted events –
Fairs, Buyer Seller Meets

Fashion and Product

designing

Colour and Trend

Forecasting

Print and web magazines

Fashion Forward Trends

(FFT)

Apparel Online India

Apparel Online
Bangladesh

Stitch World

Resource Guide
3

Scope of
White Paper
Now into its fifth year, the AR TOP 100 ranking
has emerged as a ‘must see’ list for the industry
to assess themselves as to where they stand
and what they need to do to improve… for the
Government to understand the industry better
and take informed policies… for academicians
and consultants to create solutions to support the
industry by addressing their needs.

Though few may choose to stay away from

participating… what they have to hide is anyone’s
guess. Yet, most have eagerly shared information,
encouraging us constantly on this journey. This
gives us confidence that the AR TOP 100 ranking
is an important reflection of the general trends
that are being seen in the industry, as also the
growth of major players and new emerging
players.
4

table of content
• Tracking 100 upfront apparel 5
exporters and their
performances…

• Analyzing the Top 100 Garment 7

Exporters for FY 2012-13

• Common challenges in the 10

last few years:

• Ranking Top 100 garment 16

exporters on turnover
5

Tracking 100 upfront

apparel exporters and their
performances…
FY 2012/13 was hard… FY 2013/14
hints at a revival
The industry always bemoans the fact that the garment industry is not
given its due place in the country’s economic setup nor adequately
recognized for its powerful employment generation potential. It is
often repeated at forums by Government officials that the textile
chain serves a very important national interest, but the same in never
reflected in policy making and initiatives to give the industry a much
required push by bringing out a common textile policy addressing
Turnover wise each segment of the chain right from spinning mills to garment
breakup of manufacturers... Leading exporters are open in suggesting that not
AR TOP 100 enough has been done by the industry itself to build a collective
companies with
total collective image that commands respect, as in the case of the IT industry…
turnover of Rs. Apparel Resources strongly feels that it is time that due recognition is
18,660.76 crore in given to this dynamic sector and AR TOP 100 is an initiative towards
FY 2012-13
recognizing the significant players of the apparel industry, as AR
believes that these industry leaders, who are huge employment
500 +

8 7505.45cr
generators deserve to be feted.
100 to 500 cr

Is it not apt to say that garment export of Rs. 500 crore is helping to
37 7822.34cr serve an economic purpose of employing 10,000 people, whereas
the IT industry just has 1000 people for the same turnover… Again,
Turnover (in Rs. cr.)

while the IT guys need education and training of at least 4 years,

in garmenting the training need is just 8 days. The Government
50 to 100 cr

needs to seriously consider whether we need more forex or more

36 2618.85cr employers…

AR has always maintained that a garment exporter is a very versatile

entrepreneur, who juggles many challenges. The going is never
Below 50 cr

19 714.12cr smooth and just by adding another year to the industry the exporter
demonstrates a high degree of loyalty to the business reflecting
Number of Aggregate
the company’s, and hence the management’s, commitment to the
companies turnover in Rs. cr.
business.
6

Recap of major Much has been written about the issues that have ailed the industry in
findings in last year’s the last few years, but it is now time to rise above and strengthen the
AO TOP 100 listing…
foundation of the industry so it is not so easily impacted by market
 The 100 listed companies on last forces. This year we invited the companies to share what they think
year’s AO TOP 100 generated a
total turnover of Rs. 19,969.21 have been the major challenges over the last few years and how
crore in FY 2011-12 and the they, as an individual company have addressed the issues… we were
collected growth of this group was
flooded with many replies and a few of the interesting and directional
just 3.02% as against the 100
companies listed a year before ones are being shared in the following pages.
(2010-11), which generated a
turnover of Rs. 19,382.88 crore.
We would like to share that there are always a few people who opt
 46 companies had a turnover of out and then make a comeback… interestingly, some of them drop
over Rs. 100 crore accounting for
86.14% of the collective turnover out of the listing because they have not done too well and are
and 8 companies among them had reluctant to share data, while others, particularly from the south
a turnover of over Rs. 500 crore.
opt out when doing very well as they do not want to attract undue
 Of the 100 companies who chose attention to their success!
to participate in the AO TOP 100
listing, 68 of them saw growth in
the FY 2011-12 and only 72% of What bothers us most is the attitude of some stalwarts of the industry
the companies’ listed projected who are also in some way or the other associated with the export
growth for FY 2012-13.
promotion councils, when they claim that the exercise is futile… I
 At a time when more than volumes
have only one thing to say in response… if they had done their job
it is value that is getting business,
the exporters in the Delhi-NCR diligently then we would not be required to take up this exercise
region were doing fine and they and figure out how the industry is moving, who is investing and
accounted for 38.73% of the
total turnover represented by also the shifting structure of workforce as reflected in the changing
the listing. man:woman ratio on the shop floor…, when we started the task five
 55.66% of the employee strength years, we had written ‘Apparel Resources has taken upon itself the
of the 81 companies who shared humongous responsibility to track 100 upfront garment manufacturers
the data were men and 49
and exporters in this country’ and the struggle still continues…!
companies were planning an
investment in the next one year.

 In the survey, all 100 companies

reported complete compliance
adherence with the common
certifications being ISO
8000, WRAP and GOTS.
There are 26 companies with
WRAP certifications, 24 with
GOTS certification.
7

Analyzing the Top 100

Garment Exporters for FY
2012-13
The 100 companies listed this year generated a total turnover of
Rs. 18,660.76 crore in garment export in the FY 2012-13 while the
collected group turnover was Rs. 44,815.73 crore. The same group
of companies are expecting to close the current Financial Year with
collective turnover of Rs. 20,624.24 crore, which is a 10.52% increase
from the last financial. Though the growth on a collective scale is not
too impressive, but it certainly signifies the beginning of growth in
a year which saw the receding of global slowdown, major currency
fluctuations and margins becoming less attractive, order sizes getting
smaller and labour availability taking a severe beating.

This year’s TOP 100 companies clock

lower collective turnover from the set
of companies last year
The 100 listed companies on last year’s AO TOP 100 generated a
total turnover of Rs. 19,969.21 crore in FY 2011-12. However, the
group of companies this year has clocked a collective turnover of only
Rs. 18,660.76 crore, though the last turnover this year at the tail is
Rs. 29 crore as against Rs. 20 crore last year, which is a dip of 6.5%.
This sounds disappointing… but this is mostly because at the top
end there has been a better segregation between group turnovers
and garment export turnovers, so a company like Shahi, which was
rated on company turnover last year at Rs. 2,310 crore is showing a
lower export turnover at Rs. 1,903.42 crore, but in reality has grown
on group turnover, which including home furnishing and fabric is Rs.
2,700 crore.

Delhi-NCR represents 49% of

the companies
All major garment manufacturing centres are represented on the AO
TOP 100 listing and as always Delhi-NCR has maximum number of
companies on the list with 49 companies; maybe the companies here
are more upfront in sharing information or is it that there are actually
8

more players in this region. These 49 companies have clocked

collective turnover in garment exports of Rs. 8,616.30 crore with a
group turnover of Rs. 13,090.88 crore.

90%
The second best represented region is Tirupur with 13 companies
of which 5 have a turnover of above Rs. 100 crore. The collective
turnover of the group is
companies Rs. 2,016.17 crore. Following closely on its heals is Bangalore with 11
project growth companies on the list representing a collective turnover of
for FY 2013-14 Rs. 3,692.22 with 9 companies having a turnover of Rs. 100 crore and
projected turnover is
Rs. 20,624.24 crore, a above. Chennai with 7 companies on the list registered a collective
growth of 10.52%
turnover of Rs. 642.80 crore and had 3 companies with turnover
above Rs. 100 crore. The remaining players come from diverse
centres like Ludhiana, Indore, Salem, Kolkata and Jaipur.

65% of companies see growth in FY

2011-12, while 27% see slowdown
Despite all the problems that ailed the industry in FY 2011-12, 65%
saw growth with 27% companies witnessing a downfall in business
while the remaining 8% did not share their figures for FY 2011-12.
This is very encouraging as most of the industry believes that there
was hardly any growth in the previous financial. Many attribute
the growth in 2012-13 to the fact that the rupee has depreciated
considerably in the last six months giving an edge to Indian exporters
that was previously missing. Also, some orders being redirected
to India from Bangladesh because of internal problems, wage rate
hike as well as increasing recognition of dismal record of social and
environmental compliances.

56%
Product categories still
hub centric… No surprises
companies plan Almost the complete ranges of product categories that are made
investment in in the country are represented on the list. From basic T-shirts to
2014 protective garments, find a place in the listed companies. While
46 companies shared
investment figures companies in Tirupur are more into knits, those in Bangalore, Chennai
amounting to about
Rs. 750 crore for the year and Mumbai are more into woven garments like shirts and trousers.
The Delhi-NCR region is catering to a diverse range including knits
and woven. Most of the high-fashion producers are from this region.
Ludhiana is again mostly into knitted garments with wool and cotton
blends being their specialization.
9

Indian garment industry is compliant

and responsible; 79% are also into
CSR activities
It was pointed out last year also that the level of compliance in Indian
factories is constantly on the increase and all those represented on
the AO TOP 100 are fully compliant factories. Moving beyond the
listing, it would not be wrong to say that today 100% of factories
with a turnover of above Rs. 50 crore; and around 80% of factories
below turnover of Rs. 50 crore, are socially and technically compliant
to buyers code of conducts. It is still the very small exporters who are
still struggling with compliance issues.

In the survey, all 100 companies reported complete compliance

adherence with the common certifications being ISO 8000, WRAP,
SEDEX and OEKO. 88% shared the various certificates that they are
holding and among them 23 companies have WRAP certifications, 31
SEDEX certification and 7 are ISO 14001 certified. What is even more
encouraging is that 79% shared their CSR efforts beyond the factory,
which speaks highly of the social commitment of this industry.

Delhi-NCR represent the maximum number of companies with a

combined turnover of Rs. 8616.30 cr.
All major manufacturing centres represented on the List

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36
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92
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.
1930.62cr.
(Turnover in Rs. crore)
10

Common challenges in the

last few years: Inflation,
Labour shortage, Global
recession, Government
FINDINGS policies Biggest positive of
The average the year: Weak Rupee
man:woman
ratio on the
Challenges and the strategies to
shopfloor today
address them
is 60:40.
Maestro Fashions
The top 100 BIGGEST CHALLENGES
exporters  Growth in times where others have considerably reduced turnover,
 Maintain quality standards higher than buyer expectations,
represent 534  On time delivery, consistently, season after season.
factories across STRATEGY TO OVERCOME
the country. THESE CHALLENGES
 Educating the entire workforce (from helpers to tailors to senior management) about rising
expectations, and fulfilling those requirements,
 Planning ahead of time and consistent push to each department to ensure on time
88% shared performance.
the various BIGGEST REASONS FOR
certificates POSITIVE RESULTS IN 2013…
 Clean image with buyers, based on reputation, and consistent performance.
that they are
holding and
among them Texport Industries
23 companies BIGGEST CHALLENGES
have WRAP  Rise in costs of production,
 Impact of 2008-09 global recession on apparel exporters.
certifications, STRATEGIES TO OVERCOME
31 SEDEX THESE CHALLENGES

certification  Focused more on stable markets,

 Tightened austerity measures to defend the unfavourable production costs while trying to
and 7 are ISO achieve maximum output with limited resources,
14001 certified.  Instituted own training centres and thus opted for customized work force.
11

BIGGEST REASONS FOR

POSITIVE RESULTS IN 2013…
 Insightful approach and unparalleled commitment of management that remained
instrumental in catering the needs of overseas buyers in quality as well as delivery matters.

Go Go International
BIGGEST CHALLENGES
 Growing costs in India,
 Competition from Bangladesh
and Vietnam.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Try to increase efficiencies in operations, increase area of products, and develop alternate
countries of export.
BIGGEST REASONS FOR
POSITIVE RESULTS IN 2013…
 Cost increase in China, improvement in economies of Europe and America.

MIra Exim
BIGGEST REASONS FOR POSITIVE RESULTS IN 2013…
 Last year was more or less India-friendly attitude to many overseas buyers, who preferred
India products very well.

Wear Well
BIGGEST CHALLENGES
 Rising wages,
 Raw material costs.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Introduced an industrial engineering department,
 Increase our productivity,
 Relocating our factories to cheaper location,
 Investing heavily in design to be able to help brands with strong design inputs and save
costs at their end,
 Diversifying in other segments like kids wear, knits wear, etc.
BIGGEST REASONS FOR POSITIVE RESULTS IN 2013…
 Setting up design team in Spain & London and diversifying into children’s wear segment.
12

Madan Trading Company

BIGGEST CHALLENGES
 Non availability of international quality fabrics especially MMF at internationally competitive
prices and timely deliveries of the same,
 Delayed decisions on commercial acceptability of fabrics and garments by buying houses
and buyers,
 Scarcities of skilled and committed labour force.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Use of the best available indigenous fabrics and import of trims and laces to ensure timely
deliveries and best quality to the buyer,
 Liaison with the highest of levels in buying houses & buyers to emphasize on the negative
impact on sales of delayed decisions by their respective staff members.
BIGGEST REASONS FOR
POSITIVE RESULTS IN 2013…
 Added a lot more to design team input and improvement to create new and innovative
designs using indigenous material in respect of fabrics and trims.

Warsaw International
BIGGEST CHALLENGES
 Industry destabilization policies like allowing foreign players to play in our commodity trade
with their huge low cost funds with which they fleece out huge money in this manner every
year.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Slow downed order bookings,
 Opted various hedging mechanisms
for foreign currency exposures,
 Preferred foreign currency loan to INR loans to reduce the cost of funds for packing credits.

Jiwanram Sheoduttrai
BIGGEST CHALLENGES
 Cost escalation,
 High cost of bank financing.
 Global recession.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Cost control & reducing expenses,
 New markets, expanding product range,
 Joint venture to expand production base.
13

Indo British Garments

BIGGEST CHALLENGES
 Pressure on selling price due to competition coming from new emerging manufacturing
destinations,
 Inflation in domestic markets.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Corrected our in-house resource utilization,
 Improved manufacturing technology for better efficiency and corrected processes,
 Eliminating the waste generation.
BIGGEST REASONS FOR
POSITIVE RESULTS IN 2013…
 Reduced per minute cost by 40 per cent and made us competitive to pitch for more
business,
 Process improvisation which included elimination of waste,
 Improvement in manufacturing techniques supported by strong customer support.

Quantum Knits
BIGGEST CHALLENGES IN
 Competition from countries with lower cost of manufacturing and duty benefits,
 Volatile rupee.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Excellent infrastructure,
 Well trained workforce,
 Serving the buyer with very competitive rate, good quality, flexibility when required and
meeting their requirement consistently,
 Advantages of being one of the largest vertically integrated garment manufacturing
companies.
BIGGEST REASONS FOR
POSITIVE RESULTS IN 2013…
 Unfortunate incidents in Bangladesh,
 Rising labour cost in China,
 A good flow of business which started especially in the third quarter of 2013-14, helping us
to book our capacities for a very long time.
14

Pearl Global Industries

BIGGEST CHALLENGES
 Power and Infrastructure.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Higher wages to woo workers.
BIGGEST REASONS FOR
POSITIVE RESULTS IN 2013…
 Economic recovery in US.

Fashion Knits
BIGGEST CHALLENGES
 Yarn rates very high,
 Competitive prices with buyers.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Arranged for hostels for labour,
 Yarn booked in advance for major counts and kept in advance,
 Slowed down low margin orders and concentrated on higher value orders.
BIGGEST REASONS FOR
POSITIVE RESULTS IN 2013…
 We sifted dyeing to the North,
 We booked orders regularly, feeding was given to all units so we had maintained our turnover.

Indian Designs Exports

BIGGEST CHALLENGES
 More difficult to setup units due to real estate prices appreciating,
 Shrinking margins,
 Absenteeism of labour,
 Dearth of trained and good middle management in modern production methods.
STRATEGY TO OVERCOME
THESE CHALLENGES
 To move out to smaller towns,
 Hired industrial and textile engineers and training them on the job.
15

Akriti Apparels
BIGGEST CHALLENGES
 Lagged on R&D and marketing aspect,
 Improved the mindset of some process houses/mills especially the ones in Surat.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Improving fabric team,
 Added machinery & further improved production working systems.
BIGGEST REASONS FOR POSITIVE RESULTS IN 2013…
 Entered new product category of boys’ shirts,
 Phenomenal increase in our online business.

Nancy Krafts
BIGGEST CHALLENGES
 Continuously rising cotton prices,
 Incentives not released in time, DBK – TUF- VAT and other refunds are held up leading to
slower movement of business,
 Many compliance parameters have undergone drastic changes.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Constantly tried to cut cost,
 Driven skills for development of new opportunities in emerging economies,
 Changed our credit policy,
 Diversify to other markets for exploration
of products,
 Take challenges even in adverse conditions.

Laguna Clothing
BIGGEST CHALLENGES
 Better competiveness of neighbouring countries.
STRATEGY TO OVERCOME
THESE CHALLENGES
 Improvement in internal processes combined with currency devaluation.
16

RANKING TOP 100 GARMENT EXPORTERS ON TURNOVER

Sl. Name of the Year Head / Owner with designation Place of In garments, what is your product Group Garment Garment Projections
No. Company of operation specialization turnover export export FY 13-14
Estb. for the turnover for turnover for (Garment
FY 2012-13 FY 11-12 FY 12-13 Export)
*1 Shahi Exports 1974 Mr. Harish Ahuja, MD Faridabad Woven & Knits 2700.00 2100.00 1903.42 N/A
2 Orient Craft Ltd. 1978 Mr. Sudhir Dhingra, CMD Gurgaon Wovens and Knits - Men's, Women's and 1149.10 1001.20 1108.43 1550.00
Children's Wear
3 Bombay Rayon 1992 Mr. Aman Agrawal, Vice Mumbai Ladies & Men's Tops 3194.79 1323.30 1080.13 N/A
Fashions Ltd. Chairman
4 Eastman Exports 1983 Mr. N. Chandran, CMD Tirupur Knit Garments, T-Shirts, Polo Shirts, 1244.07 1140.82 930.67 1100.00
Global Clothing Underwears etc.
(P) Ltd.
5 Gokaldas Exports 1978 Mr. Gautam Chakravarti, Bangalore Garments for Men, Women and Kids 989.79 1002.10 750.82 926.66
Ltd. Director & CEO Excluding, Knitwear
6 Arvind Lifestyle 2002 Mr. Ashish Kumar, CEO Bangalore Denims, Woven Shirts, Knits 600.00 500.00 600.00 750.00
Apparel - Garments
Division
7 Pearl Global 1989 Mr. Deepak Seth, Chairman Gurgaon Ladies, Men's & Kids Wear both Knit & Woven 3846.00 656.03 571.98 772.00
Industries Ltd.
8 Scotts Garments Ltd. 1994 Mr. Naseer Ahmed, MD Bangalore Woven Shirts, Denim, Knits & Ladies Tops 560.00 500.30 560.00 650.00
9 Shivalik Prints Ltd. 1998 Mr. Narendra Aggarwal, CMD Faridabad Tee Shirts, Polo Shirt, Bottoms, Jacket, 526.82 456.87 488.31 650.00
Innerwear
10 Gokaldas Images 1979 Mr. Jagadish N Hinduja, Bangalore Suits, Jeanswear, Outerwear & Intimatewear 610.00 450.00 410.00 480.00
Group Chairman
11 Texport Industries 1979 Mr. Narendra Goenka , MD Bangalore Shirts,Trousers & Jackets 374.10 365.61 374.10 430.00
Pvt. Ltd.
12 Radnik Exports 1973 Mr. Vinod Kapur, MD Delhi Ladies Garments 359.00 316.00 359.00 400.00
13 Indian Designs 1993 Mr. Naseer Humayun, CMD Bangalore Casual Garments for Men, Women and 361.00 295.00 340.00 450.00
Exports Pvt. Ltd. Children
14 Kitex Garments 1992 Mr. Sabu M Jacob, CMD Kerala Knits & Woven Garments 321.00 318.40 321.00 375.41
15 Matrix Clothing 1977 Mr. Gautam Nair,MD Gurgaon Knitted Polo Shirt and Embellished Ladies 299.00 270.76 299.00 340.00
Pvt. Ltd. Garments
16 Richa Global Exports 1991 Mr. Virender Uppal, Chairman/ Delhi Knitted and Woven High Fashion Garments 285.00 N/A 285.00 360.00
Pvt. Ltd. Mr.Gaurav Uppal, MD
17 Alok Industries Ltd. 1986 Mr. Ashok B. Jiwrajka,Executive Mumbai Casual Wear ,Sportswear, Active Wear, 13278.50 217.30 281.83 300.00
Chairman/Mr. Dilip B. Jiwrajka, Sleep Wear
MD
18 Pratibha Syntex Ltd. 1982 Mr. S. K. Chaudhary, Chairman/ Indore Underwear, Sleep Wear,Fashion Tops, Knit 762.00 306.10 271.00 380.00
Mr.Shreyaskar Chaudhary, MD Bottoms
19 Orient Fashion 2002 Ms. Meena Sethi, Chairperson Delhi Women RTW, Nightwear, Children & Infant 269.60 271.30 269.60 320.00
Exports (I) Pvt. Ltd. Wear
20 K.P.R. Mill Limited 2003 Mr. K.P.Ramasamy, Chairman Coimbatore Polo'S, Crew'S,Vests, Nightwear, Pyjama 552.90 294.90 247.97 297.00
Packs for all
21 Modelama Exports 1979 Mr. Lalit Gulati, Chairman Delhi Jackets/Outerwears 300.00 250.00 235.00 275.00
Ltd.
22 Mandhana Industries 1984 Mr. Purushottam C Mandhana, Mumbai Tops 1363.06 980.15 226.79 280.00
Ltd. CMD
23 A.I. Enterprises 1985 Mr. H.E. Abdul Azeez, Chennai Garments (Knitted & Woven) 262.00 182.46 226.31 250.00
Pvt. Ltd. Chairman
24 SEL Manufacturing 2000 Mr. Neeraj Saluja, MD Ludhiana T-Shirts/ Tracksuits/Thermals/ Boxers 3154.22 2038.47 216.29 N/A
Co. Ltd.
25 Gupta Exim (India) 1990 Mr. Sandeep Gupta, MD Faridabad Cotton Knitted Garments 107.92 153.42 192.46 200.00
Pvt. Ltd.
26 Laguna Clothing Ltd. 2005 Mr. Sarbajit Ghose, ED Bangalore Formal/Semi Formal Shirts 225.00 166.33 185.00 272.00
27 Pee Empro Exports 1980 Mr. PMS Uppal, MD Delhi Ladies and Kids Woven Garment 185.00 150.00 185.00 250.00
Pvt. Ltd.
(ALL FIGURES IN RS. CRORE)

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-2012-13.
NA - Not Available. Figures in US $ converted @ Rs. 60.
17

Sl. Name of the Year Head / Owner with designation Place of In garments, what is your product Group Garment Garment Projections
No. Company of operation specialization turnover export export FY 13-14
Estb. for the turnover for turnover for (Garment
FY 2012-13 FY 11-12 FY 12-13 Export)

28 Davinder Sandhu 1997 Mr. Baldev Singh/ Mr. Davinder Ludhiana Each Kinds of T-Shirts like Basic, 241.51 154.67 172.51 180.10
Group Companies. Singh(JMD) Polo Round Neck
(Davinder Sandhu
Impex Limited,
Davinder Exports)
29 Stanfab Apparels 1993 Mr. E.R. Eswaran, MD Chennai Men's, Ladies/Kids wear 168.00 108.00 168.00 198.00
Pvt. Ltd.
30 Dimple Creations 1982 Ms. Vandana Nayyar, CMD Delhi Ladies and Girls Ready to Wear Apparel 160.00 110.00 160.00 185.00
Pvt. Ltd.
31 Cotton Blossom 1999 Mr. Milton Ambrose John, MD Tirupur Knitwear, Ladies and Kids/Infants 184.92 175.69 155.18 220.00
(India) Pvt. Ltd.
32 Paramount Products 1953 Mr. Surinder Mahajan, MD/ Delhi Ladies and Children's Wear 150.00 130.00 150.00 205.00
Mr. Narinder Mahajan, Director
33 Color Lines Clothing 1997 Ms. Bela Katrak, MD/Ms. Bangalore Childrens wear in Knits and Wovens 150.00 N/A 150.00 180.00
India Pvt. Ltd. Ayesha Katrak , ED
34 Go Go International 2008 Mr. Shyam Sunder Goenka, Bangalore Tops and Bottoms for Kids, Mens 228.13 142.30 142.30 260.00
Pvt. Ltd. Director
35 Jiwanram 1997 Mr. Alok Prakash, MD Kolkata FR Industrial Garments, Bib Trousers 136.00 112.10 136.00 N/A
Sheoduttrai
Industries Pvt. Ltd.
36 K.M.Knitwear 1993 Mr. K.M.Subramanian, CEO Tirupur Knitted Babies Garment 130.77 117.23 130.77 175.00
37 Ahill Apparel Exports 1994 Mr. D.Elango, MD Tirupur Yarn Dyed Polo's, Rugbys, Printed Tees & 139.00 90.00 130.00 140.00
Pvt. Ltd. Girls Top
*38 Fine Lines Exports 1994 Mr. Rohit Aggarwal, MD Noida Ladies & Kids Garmetns N/A N/A 126.32 139.32
39 Clifton Export Pvt. 1994 Mr. B.Naveen, MD Tirupur Nightwear, Underwear & Children's Wear 126.00 114.00 126.00 150.00
Ltd.
40 Meridian Apparels 1989 Mr. Vinod Kumar Saraogi, MD Chennai Knitted Garment for Ladies, Men, Children 125.00 110.00 118.00 125.00
Limited
*41 BL International 1989 Mr. Deepak Aggawal, MD Noida Fashion Garments N/A N/A 114.61 125.61
Pvt. Ltd.
*42 Shree Bharat 1988 Mr. Sanjay Aggarwal,MD Noida Knitted Garments N/A N/A 112.41 123.41
International Pvt. Ltd.
43 CTA Apparels 1993 Dr. Mukesh Kansal, Chairman Noida High Fashion Women's Wear 110.58 85.34 110.58 150.00
Pvt. Ltd.
44 Opera Clothing 1995 Mr. Sanjay Jain, Director Mumbai Woven Garments - Men, Children and Women 106.00 78.00 106.00 N/A
Pvt. Ltd.
45 Wear Well India 2002 Mr. Bharat Sahni, Director Delhi Kids & Ladies Garment Manufacturing 100.00 70.00 100.00 130.00
Pvt. Ltd.
46 Anugraha Fashion 1988 Mr. P.Moghan, MD Tirupur Knitted Garments 163.78 126.27 99.18 140.00
Mill Pvt. Ltd.
47 Golden Seam 2006 Mr. Sanjeev Mukhija,MD Bangalore Casual Jackets and Bottom Wear 95.00 70.00 95.00 125.00
Textiles Pvt. Ltd.
48 Shivank Udyog Ltd. 1993 Mr. K.K. Aggarwal, MD Gurgaon Men's Shirt, Jersey,T Shirt, Ladies Blouse, 93.65 74.01 93.65 92.15
T-Shirt
49 Dhruv Globals Ltd. 2001 Mr. Sri Ram Goyal, MD Faridabad Women's Wear 105.58 63.75 89.63 120.87
50 Mira Exim Limited 1985 Mr. A.K. Jain, Chairman Noida High Fashion Ladies & Kids Apparel 87.00 74.00 87.00 135.00
*51 Sahu Exports 2000 Mr. Ram Kumar Sahu, MD Noida Ladies Garments N/A N/A 86.01 95.00
52 Cotton World 1994 Mr. B.N. Monnappa, MD Bangalore Woven & Knit Children, Men, Ladies Garmets 85.00 75.00 85.00 110.00
53 Magnum Clothing 1969 Mr. Ravi Singhee, MD Chennai Women's and Kids Wear 85.00 75.00 85.00 98.00
Pvt. Ltd.
54 Paragon Apparel 1995 Mr. Roshan Baid, MD Noida Sportswear and Fashion Garments 126.00 59.46 84.00 100.00
Pvt. Ltd
(ALL FIGURES IN RS. CRORE)

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-2012-13.
NA - Not Available. Figures in US $ converted @ Rs. 60.
18

Sl. Name of the Year Head / Owner with designation Place of In garments, what is your product Group Garment Garment Projections
No. Company of operation specialization turnover export export FY 13-14
Estb. for the turnover for turnover for (Garment
FY 2012-13 FY 11-12 FY 12-13 Export)

55 Rainbow Fabart 2003 Mr. Rajeev Mehta, MD Noida Ladies Garments 81.74 70.72 81.74 90.00
Pvt.Ltd.
56 Nancy Krafts (P) Ltd. 1973 Mr. Narinder Pal Singh, MD Delhi High Fashion Ladies Garments. 97.98 94.74 81.10 89 .1
(Nancy K Group)
57 Ammayapper 2007 Mr. H. Karthikeyan, MD Chennai Kidswear Jeans 81.00 N/A 81.00 N/A
Textiles
58 Dynamic Designs 1993 Mr. Bhupinder Singh Sachdeva, Gurgaon T-Shirt, Top, Skirts, Pants 80.00 50.00 80.00 N/A
Inc. Director
59 Maral Overseas Ltd 1989 Mr. Shekhar Agarwal, MD Noida Knitted - Ladies Casualwear, Kids and Men 79.76 515.00 79.76 90.06
& CEO
60 Danavarshini Exports 1995 Mr. N.Sreedhar,MD Tirupur Knitted Garments 79.00 68.00 79.00 95.00
(P) Limited
61 CBC Fashions (Asia) 2008 Mr. T.R.Vijayakuma, MD / Tirupur Men & Women Knits Pyjama 78.00 75.00 78.00 105.00
Pvt. Ltd. R.Dhanaasekar, ED
62 Unisourcce Treend 2004 Mr. V.Raja Mahendran,Director Tirupur Knits Outerwear 77.44 52.88 77.44 90.00
India
63 Rolex Hosiery Pvt. 1965 Mr. Vikas Chander, Director Gurgaon Ladies Top/Blouse/T-Shirt, Men T-Shirt 83.66 96.09 74.93 90.00
Ltd.
64 Choudhary Fashions 1990 Mr. Arvind Choudhary, Patner Mumbai Ladies Garments 73.00 55.16 73.00 80.00
65 Pyoginam 1992 Mr. Yoginder Mukim, MD Gurgaon High-Fashion Woven Ladies Tops 70.00 NA 70.00 80.00
66 Maestro Fashions/ 1990 Mr. D. M. Pandya / Mr. Atul Bangalore Kids Wear / Ladies Wear 70.00 65.00 70.00 70.00
Strawberry Studio Ruparelia, Partners
Exports Pvt. Ltd.
67 Superhouse Limited 1980 Mr. Mukhtarul Amin,CMD Kanpur Bottoms /Jackets / Workwear / Safety 522.99 NA 69.17 235.00
Garments
68 Jyoti Apparels 1976 Mr. H K L Magu, Managing Delhi Ladies & Kids Garments 68.40 75.20 68.40 75.00
Partner
69 Eveline International 1976 Mr. Deepak Dumra & Ludhiana Knitted Garments 84.20 68.00 67.40 100.00
Mr. Rakesh Dumra, Director
70 Fashion Knits 1990 Mr. Ravi, Mr. Ramu Tirupur All kinds of Knitted Garments 65.00 60.00 65.00 75.00
(Managing Partners)
71 Penguin Apparels 1991 Mr. M.Anbukani, MD Madurai Jackets, Bottoms, Shirts 64.22 58.51 64.22 75.00
(P) Ltd
72 New Delhi Export 1991 Ms. Kusum Uppal , Partner Noida Ladies/ Girls: Tops, Blouses, Dresses, Skirts 63.00 58.00 63.00 85.00
House
73 Kandhan Knitss 2003 Mr. P Dhanapal, Partner Tirupur Ladies and Kids 65.00 48.00 62.00 72.00
74 Magsons Exports 1979 Mr. Rakesh Kumar Magu, Delhi Ladies & Kids Garments 59.40 56.00 59.40 65.00
Managing Partner
75 Celestial Knits & 1999 Mr. Rajeev Bansal, MD Noida Womens Wear 55.00 45.00 55.00 60.00
Fabs Pvt. Ltd.
76 Campari Exports 1989 Mr. Sunil Mehra, Director Delhi Ladeis and Children Wear 55.00 NA 55.00 75.00
Pvt. Ltd.
77 Orient Clothing 1997 Mr. Ravi Dhingra, Director Gurgaon Highly Fashioned Ladies Garments 54.89 153.33 54.89 60.00
Company Pvt. Ltd.
78 TCNS Limited 1972 Mr. A. S. Pasricha, MD Noida Kids/Womens – Knits & Woven 210.00 66.00 54.00 87.00
79 Warsaw International 1989 Mr. Raja M Shanmugham, Tirupur Mens Polo T.Shirt 50.93 46.83 50.93 65.00
Managing Partner
80 Madan Trading Co. 1977 Mr. G. S. Madan, MD New Delhi High Fashion Ladies Garments 50.00 40.00 50.00 60.00
Pvt. Ltd.
81 The Cotton And 1971 Mr. Dilip B Trivedi, Chairman Mumbai Organic Garments and Functional Wear 50.00 46.00 50.00 55.00
Textile Corporation
(ALL FIGURES IN RS. CRORE)

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-2012-13.
NA - Not Available. Figures in US $ converted @ Rs. 60.
19

Sl. Name of the Year Head / Owner with designation Place of In garments, what is your product Group Garment Garment Projections
No. Company of operation specialization turnover export export FY 13-14
Estb. for the turnover for turnover for (Garment
FY 2012-13 FY 11-12 FY 12-13 Export)

82 Lodha Impex 1996 Mr. Dalpat Lodha, Proprietor Mumbai Ladies Garments 46.87 49.71 46.87 65.00
83 Meenakshi (India) 1987 Mr. Ashutosh Goenka, MD Chennai Bottoms 46.49 37.04 46.49 47.00
Limited
84 Strange Exports 2003 Mr. Neeraj Prakash & Mr. Anil Noida Woven Casual / Fashion Ladies & Kids Wear 45.10 42.00 45.10 50.00
Pvt. Ltd. Bountra, Director
85 V & S International 1992 Mr. Chander Parkash Gauba, Gurgaon High Fashion Ladies Garments & Kids 103.00 65.00 43.00 66.00
Pvt. Ltd. CMD Garments
86 Maharani Of India 1976 Mr. Yudhishthira Kapur, Partner Delhi Ladies & Children High Fashion Garments 41.92 33.40 41.92 60.00
*87 Ankhua Exports 1982 Mr. Vikrant Goel, MD Noida High Fashion Ladies Garments N/A N/A 40.44 44.00
Pvt. Ltd.
88 Cheer Sagar 1991 Mr. Ravi Poddar, Partner Jaipur Ladies Fashion Wear in Woven and Knits 40.00 45.50 40.00 40.75
89 Birbal International 2005 Mr. Surender Gupta, MD Delhi Kid's Wear 39.83 30.48 39.83 N/A
Pvt.Ltd.
90 Nagesh Knitwears 1980 Mr. Rajan Mehra/Mr.Varun Ludhiana Knitted Babies /Children/Men/Women Etc. 57.17 34.54 39.09 42.50
Pvt. Ltd Mehra, Directors
91 Indian Hand Fabs 1988 Mr. Surinder Sawhney, MD Gurgaon Women's Wear 39.00 38.00 39.00 40.00
92 Anupam Textiles 1972 Mr. V. Premnath, President Mumbai Children & Ladies Wear - Woven and Knits 36.00 35.00 36.00 38.00
93 Neetee Clothing 1994 Mr. Kamal Sidhu, Chairman Gurgaon Blouses, Dresses, Kids Garment, Denim, 36.00 29.00 36.00 42.00
Pvt. Ltd. Scarves
94 BNT Connection 1986 Mr. J. Thakur Bakshani, Chennai Woven Readymade Garments 68.00 N/A 36.00 46.00
Impex Limited Chairman
95 Designers Point India 1992 Mr. Ashwani Anand, Director Noida Trousers 44.24 42.94 35.75 46.00
Pvt. Ltd.
96 BNT Innovations 1989 Mr. V.Sethu Madhavan, MD Tirupur Knitted Washed Garments 93.00 N/A 32.00 47.00
Pvt. Ltd.
97 ITGPL 1999 Mr. Kuldip Singh, MD Faridabad High Fashion Ladeis Garments 30.00 25.00 30.00 33.00
98 Reliable Clothing 1984 Mr. Raphael Sequeire, CMD Mumbai Men's Shirts & T-Shirts, Ladies Blouse & 30.00 30.00 30.00 50.00
Pvt Ltd. Tunics
99 Indo British 1997 Ms. Chandni Sachdev, MD Faridabad Shirts, Trousers, Coveralls, Business Suits, etc. 64.59 65.00 28.30 35.00
Garments (Pvt.) Ltd.
*100 Kimo Clothing 2001 Mr. Rajeev Sharma,MD Noida Ladies Garments N/A N/A 28.33 31.00
Design Concept
Grand Total 44307.61 18660.76 18527.78

(ALL FIGURES IN RS. CRORE)

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-2012-13.
NA - Not Available. Figures in US $ converted @ Rs. 60.

THE NEXT SIX : COMPANIES WHICH ALSO SHARED TURNOVER AND HAVE BEEN A PART OF OUR AO TOP 100 PREVIOUSLY...

Sl. Name of the Year Head / Owner with designation Place of In garments, what is your product Group Garment Garment Projections
No. Company of operation specialization turnover export export FY 13-14
Estb. for the turnover for turnover for (Garment
FY 2012-13 FY 11-12 FY 12-13 Export)

1 Sargam Exports 1986 Mr. Lalit Maskara,MD Gurgaon Ladies Garments (Blouses, Dress, Skirts, etc) 28.00 24.00 28.00 35.00
Limited
2 Ma'am Arts 1999 Mr. Rajiv Dewan, CEO Jaipur Women's Western Wear Garments 28.00 33.00 28.00 36.00
3 Akriti Apparels 2002 Mr.Avanish C. Jain,MD Faridabad Childrens Garments 27.80 33.19 27.80 35.00
Pvt. Ltd.
4 International Trading 2004 Mr. Zahir Sait, Managing Salem Pullovers, Jumpers & Cardigans 25.00 20.00 25.00 30.00
Company Partner
5 Lila Shyam Exports 2004 Mr. Raj Kumar, Partner Pushkar Fashion Garments 20.00 20.00 25.00 30.00
6 Ahuja Overseas 1986 Ms. Archana Ahuja, Properioter Jaipur Blouse, Dress, Skirts, Trousers, Shorts 23.00 23.16 23.00 24.00
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