2 weeks ago
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Activewear shaper Techno Sportswear that has manufacturing facilities successful Tiruppur and Erode districts successful Tamil Nadu volition grow to Odisha, said Sunil Jhunjhunwala its Managing Director and co - founder.
The institution got $ 25 cardinal successful backstage equity from A91 Partners successful May 2024. It has invested successful plants successful Perundurai and Vijayamangalam nether the Production Linked Intensive Scheme of the Central authorities and manufactures 25 tonnes of cloth a day. “We clocked ₹600 crore topline successful 2025-2026 and are looking astatine ₹1,000 crore this year,” helium said. The institution has invested during the past mates of years to person integrated accumulation facility. It has acceptable up a polyester filment yarn knitting and cloth processing installation successful Perundurai and garment portion astatine Vijayamangalam.
“We person signed a Memorandum of Understanding with the Odisha government. The State has a port, workforce, and earthy worldly availability. We are looking astatine starting a garmenting portion there,” helium said.
While the institution is expanding its home beingness done online and offline retailing, it has besides registered its marque successful much than 2 twelve countries. It wants to fortify its accumulation and pat the export imaginable initially successful the West and South East Asian countries, helium said.
Employing astir 2,000 people, Techno Sportswear has 51 ain stores and volition adhd different 80 this fiscal, added its Chief Executive Officer Puspen Maity.
