Set up in 2014, Naval Exporters, an export house having 400 machines and doing annual turnover of US $ 1.53 billion (Rs. 10 crore), is expecting to double its turnover in the coming years. An initiative of young Naveen Agarwal, Naval Exporters is Sedex-compliant and working with buyers like Lager 157, Jamo, Jennifer, Splash, Snidel, Twinset and also a few brands in the domestic market.
Manufacturing activewear and value-added women’s wear in knitted as well as woven material, with the average FOB of US $ 4-5, the company is equipped with CAD, Own RO plant, ETP and 4 digital sublimation printers. “The European market is slightly dull but for domestic it is giving good orders. We have a strategy to improve productivity and add new buyers, so business should naturally grow. We are developing almost 25 samples in a day and our factory is able to do difficult or less margin products also. We produce 50-odd pieces of every size to check the effects post-washing and decide how the style can be simplified. It helps us to do production in a better way,” says Naveen, who spent 3 years on the shopfloor in one of its known factories and got maximum learning from the experience.
