Gokaldas Exports is building three new manufacturing facilities. These will be in Madhya Pradesh, Tamil Nadu, and Bangladesh. The new facilities will add an extra five million pieces annually to the company’s existing yearly production capacity of 30 million pieces.

Currently, Gokaldas operates 19 manufacturing units. The Madhya Pradesh facility spread over ten acres is being developed in two phases. By the end of fiscal 2024, the company would open its first international factory which would in Bangladesh to produce readymade garments.

Gokaldas is investing Rs100 crores in the construction of a fabric processing facility in Tamil Nadu. The facility would manufacture 20 tons of fabric a day.

Gokaldas Exports is an apparel manufacturer and exporter. The company has improved its bottom line from incurring a loss to a profit and has grown substantially over the last five or six years. The emphasis on operational improvements and the increased focus on value-added pricing have helped Gokaldas gain better realisation from customers.

With all these factors, it has been able to deliver better bottom lines. In fiscal year 2022, the company generated revenues of Rs1,801 crores and expects to have a 25 per cent growth in revenues in fiscal year 2023.