Will look to expand capacity by 25% annually: Gokaldas Exports

Gokaldas Exports has had a fairly decent run in 2017, 85 percent gains for the stock. In an interview with CNBC-TV18, Sivaramkrishnan Ganapathi, MD of the company spoke about the latest happenings in his company and sector.

Pleased with the outlook for the industry as a whole. There is a fairly good buoyancy in terms of customers’ orders. More and more global apparel players are looking at India, he said.

India will continue to be a destination for apparel exports, he added.

We have to gear ourselves up to deliver to our customers’ requirements. We have fairly deep customer relationships with some of the top apparel retailers and we intent to further deepen and widen it and partner with our customers to grow, said Ganapathi.

He sees tremendous growth potential for the next two-three years.

Speaking about capacity expansion, he said that the company would be focusing on the capacity creation as well as streamlining the company’s production capacity.

“I would broadly look at 25 percent capacity increase per annum for the next two years,” he further mentioned.

For full interview, watch accompanying video...