Initializing...

Top Retail Brands

Lux Industries expects Rs 100 cr export-turnover

Innerwear manufacturer, Lux Industries is expecting the turnover of Rs


June 30, 2010  |  comments ( 0 )  | 
Lux Industries expects Rs 100 cr export-turnover

Innerwear manufacturer, Lux Industries is expecting the turnover of Rs 100 cr from its export section. “We are targeting a turnover of Rs100 crore in the current fiscal from exports. We had a turnover of Rs 30 crore from this section last year (2009-10),” said Navin Todi, managing director of the company. The company aims to record a turnover of Rs 500 crore in the current fiscal, up from Rs 412 crore, the last year. The company has its presence in the areas of Middle East, in specific, Dubai and is on the road to expand its market in South Africa and Europe. Since the company is receiving positive response for their products in the countries like Poland, the Czech Republic and Slovakia, it has plans to tap the market in these areas too.


Related News


Comments

Please add your comment:

Rating   

Not readable? Change text.

Enter the characters as seen on the image (case insensitive)

Notify me of followup comments via e-mail

Subscribe for daily newsletter