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Sanjay Ahuja

25th Oct · SEBI-Registered Analyst

KITEX GARMENTS ON THE PATH TO MAKE MASSIVE INVESTMENTS, BRAND EXPANSION, AND SUSTAINABLE GROWTH

KITEX
is the second largest infant apparel manufacturer in the world operating under an integrated yarn-to-garment model. Having a manufacturing capacity of 432,000 units, and a fabric production capacity of 50 tonnes per day, the company has built a strong and efficient manufacturing base with supplies to global retailers, including 20 leading brands such as Walmart, Amazon, Costco, Tommy Hilfiger, Calvin Klein, and GAP. The US tariffs have severely hurt the company, as most of its revenue comes from there. However, the company is now preparing for a new phase of growth by restructuring it's business, diversifying it's business mix, and bringing its US brand to India.

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