Gokaldas Exports will set up four apparel manufacturing units in Andhra Pradesh. The units may be ready in four years. This investment of Rs 200 crores is likely to generate approximately 5000 new jobs.
Gokaldas has a diversified product portfolio across various categories of garments for men, women as well as children. It operates from 20 units spread across Karnataka, Tamil Nadu and Andhra Pradesh and has an installed capacity to produce more than 2.5 million garments a month.
The company blends its manufacturing expertise with state-of-the-art design capabilities to provide multiproduct offerings. Reliability and consistent quality from design to delivery at the right cost helps meet customer demands. Its expertise lies in manufacturing tops and outerwear which very few manufacturers in India can match.
Gokaldas has realigned its customer portfolio and taken several measures to rationalize capacity utilization, improve operating margins, and enhance productivity and operational excellence. The company has also executed an organisation restructuring and leveraged its strong design expertise to provide better customer service.
This is a one-stop shop for the world’s most acclaimed brands. It is the largest manufacturer and exporter of apparels in India with an annual turnover of 200 million dollars. A total of 25,000 people work across 23 manufacturing units.