Vice Chairman and Managing Director of Gokaldas Exports, Mr. Sivaramakrishnan Ganapathi, stated: “We regard the long-term macroeconomic fundamentals as advantageous for the expansion of the firm. In light of this, we are making good progress with our capex strategy. The Madhya Pradesh plant is anticipated to begin commercial production in Q1 FY2024, and our knitwear project in Tamil Nadu is also making good progress, laying the groundwork for a promising future.
Gokaldas Exports Limited, a company founded in 1979, is among India’s top producers and exporters of clothing. The business offers a wide selection of clothing items, such as outerwear, activewear, and fashionable clothing for all seasons and weather conditions.
With a presence on every continent and a delivery network spanning more than 50 nations, Gokaldas Exports exports to some among the world’s most well-known fashion labels and merchants. The business has worked tirelessly and consistently to establish a name for itself, and because to years of superior service and product delivery, it has managed to take the lead in its sector. The company’s combined revenues surpassed the Rs. 1800 crore mark in FY 2022.With top-notch production facilities and integrated ancillary units that offer value-added services like laundry, embroidery, printing, quilting, and poly wadding, among other things, Gokaldas Exports stands out from the competition. Certifications for high environmental and social/labor compliance across all of the company’s units enhance its production prowess. One of the country’s major organised garment manufacturers, Gokaldas Exports, , has a total annual production capacity of 36 million pieces of clothing. In addition, Gokaldas Exports, a labor-intensive company, is pleased to employ 32,000 employees, the vast majority of whom are women.”We started project work on a new factory in Madhya Pradesh and commissioned three new units in Karnataka and Tamil Nadu during the year. These units are ramping up successfully. In addition to setting up a fabric processing facility in Tamil Nadu and an apparel manufacturing facility in Madhya Pradesh, we are also attempting to penetrate Bangladesh. We spent 84 crores on capital this year, and over the next three years, we aim to invest another 280 crores to maintain our growth. It is Gokaldas Exports. continually looking to improve itself to meet the diverse needs of its clients. The business has previously made significant investments to improve both its production capabilities and internal systems and processes.Mr. Sivaramakrishnan Ganapathi continued, “We increased production capacity in our existing facilities, upgraded our machinery for productivity, and ensured optimal capacity utilisation while relentlessly focusing on product quality and customer service, emerging as an indispensable part of the global value chain for our key customers.
