One of the well-known hosiery brands of India, Kolkata- based Dollar Industries will invest Rs 25 crore to set up a new facility at Ludhiana. This new unit is expected to be operational by over the next 12 to 18 months. The company already has factories in Kolkata, Tirupur, Delhi and Ludhiana. It has a turnover of Rs 730 crore in last fiscal and expecting 17 per cent growth in net sales to Rs 850 crore in FY-16.
Vinod Gupta, MD of the company informed, “We have obtained a one-acre plot and construction of factory work has begun. The facility should start commercial production in another 12-odd months or so. This apart, a possible foray into the super premium men’s inner-wear segment has also been planned around July. We have plans are also afoot to enter the African markets by the end of this fiscal. There is good demand for our products from African nations. We are exploring the opportunities there too. The company is competing with renowned international brands in undergarment segment.”
Bharat Tex Special Report 2026 
