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Globe Textiles hikes capacity

Ahmedabad-based Globe Textiles is an exporter of yarns, fabrics, home textiles and readymade garments. It has set up a 50,000 sq. ft. facility for manufacturing and exporting denim jeans. This new cut, make and stitch facility has the capacity to manufacture 50,000 garments a month, raising the group’s combined capacity to 1,50,000 pieces currently. The plan is to hike capacity to 4,00,000 pieces per month.

The facility has stitching machines from Juki. Right now 80 per cent of Globe’s denim production is exported and it wishes to tip the scales to 40 per cent in favor of the domestic market. Singapore, Malaysia and the US are potential export markets for Globe Textiles. Last year, Globe forayed into the home textile segment with bed sheets. It now exports on an average three to four container loads per month.

Despite the volatility in foreign exchange which troubled both exporters and importers, Globe Textiles performed satisfactorily last year. However, large volume order programs extending over five to six months are tapering off. Customers are now placing orders on a container-to-container basis. Globe Textiles’ forte lies in contract manufacturing. By offering its best services to clients, growth is assured.

www.globetextiles.net/

 
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