Denim Jean Stitching Unit

7/23/2019 Denim Jean Stitching Unit

1/17

PURPOSE OF THE DOCUMENT

The objective of the pre-feasibility study is primarily to facilitate potentialentrepreneurs to facilitate investment and provide an overview about GarmentStitching Unit. The project pre-feasibility may form the basis of an important

investment decision and in order to serve this objective, the document covers variousaspects of the business concept development, start-up, production, marketing, and

finance and business management.

This particular pre-feasibility is regarding Garment Stitching Unit which comes

under Textile sector.

Prepared By:

Samadhan Associates Pvt Ltd

22, Greenwood apartments

Gokhle Marg

Lucknow 226001

PROJECT REPORT

DENIM JEANS STITCHING UNIT


2/17

1. EXECUTIVE SUMMARY

The proposed Denim Jeans Stitching unit is a project of the Textile Sector,producing standard five pocket jeans trouser. The unit will cater to the local as wellas export denim market. The jeans produced will be of export, high quality fabric.Through the use of high-tech equipment and modern techniques the company can

produce jeans of latest trends without compromising on quality. The process flowincludes purchase of raw material, cutting, stitching, washing, finishing, pressingand packing. Quality control checks will be taken care of through out the process.

Indian denim market is on a high growth path with a rate of growth in the range of 8-12%.

However, the market is dominated by the non-branded players who take away the major

share of the denim market. The branded denim market is estimated to be around $450-

$500 million , and is dominated by some international labels though the local brands are

also getting prominent.

India has become denim hub in the region in less than a decade and is considered as

one of the leading supplier of quality denim fabric to the world's known brands.India's denim is second to none. There has been a phenomenal increase in theproduction capacity of denim mills in India and at present numerous denim mills arein operation. The denim industry is contributing substantially towards exportscreating job opportunities and has invested billions in the denim sector. The denimindustry is not only fully catering to the needs of the local apparel industry but isalso catering to the foreign market and earning valuable foreign exchange for thecountry.

This particular stitching unit is proposed to have an installed capacity for producing1000 denim jeans per day. The units initial capacity utilization is kept at 70%,which eventually goes up to 90% in the fifth year. A Denim Garment Stitching Unitwith an installed capacity to produce 1,000 pieces per day needs an investmentestimated at Rs.141.50 Lacs The project is financed through 50% debt and 50%equity. Projected IRR and Payback of this project are 71.11%, and 3.71 yearsrespectively. The legal business status of this project is proposed as SoleProprietorship.


3/17

2. CRUCIAL FACTORS AND STEPS IN DECISION MAKING

2.1. Strengths

There is a ready made market for this product.

Relatively low labour costs Ample available work force. Well-situated industrial estate with all major facilities available.

2.2.Weaknesses

The requirement of credit and/or delay of payments from customer sidemight cause disturbance in the cash cycles.

Very small base of available skilled machinists. Lack of trained technicians and line / middle management. Uncertain investment climate

2.3.Opportunities

SEB/IndustrialEstates/clusters will provide uninterrupted electricity forindustrial consumers to lower the electricity cost of manufacturing.

Manufacturers-cum-exporters are allowed to import samples of each kind or

quality at zero duty rates.

2.4.Threats

Skilled operators in the denim garments are quite unorganized. Stitchingexpertise is not available at the best possible level. This restricts the industryto the basic garments and only limits the entry into the manufacturing of high

quality garments. Cost of doing business may increase as the energy, raw material prices,

wages and mark up rates may rise.

3. PROJECT PROFILE

3.1Opportunity Rationale

During the last decade, the usage of denim garments, especially denim jeans, hasbeen on a rise in the international as well as the local markets. This has led to a risein the demand of denim garments. The competitive edge of India in this field stems

from the ready availability of cotton yarn required to weave denim fabric i.e.


4/17

During the past few years, the denim fabric manufacturing capacity has also beenenhanced that has provided the opportunity to industry to strengthen. The export of denimgarments from India has also been on a rise.

3.2.Project Brief

The proposed project presents an investment opportunity in manufacturing of denimjeans. The project profile has been prepared for a standard five pocket jeans trouser.The proposed stitching unit will be having the potential for its own manufacturingand supply for the local market as well as for the export market. However washingwill be outsourced.

3.3Proposed Capacity

The proposed capacity of the unit is 1000 garments per day.

3.4.Total Project Cost

The cost of project has been estimated as Rs.141.50 Lacs including machinery andoffice equipment.

Project Investment

Capital Investment Rs. 5,981,220

Working Capital Rs. 8,169,111

Total Investment Rs. 14,150,331

The proposed pre-feasibility is based on the assumption of 50% debt and 50%equity. However this composition of debt and equity can be changed as per the

requirement of the investor.The project seems to be viable with the following returns on investment.

3.4.Proposed Business Legal Status

The proposed legal structure of the business entity is either sole proprietorship orpartnership. Although selection totally depends upon the choice of the entrepreneurbut this financial feasibility is based on a Sole Proprietorship.

Project ReturnsInternal rate of return (project) 71.11%Net Present Value @ 20% Rs. 165,680,748Payback period based on cash inflows 3.71 years


5/17

3.5Proposed Location

The proposed locations for a garment manufacturing unit will be suitable in a Textilecluster or textile Park developed by the state Government where necessaryinfrastructure facilities are available.

3.6.Key Success FactorsThe total commercial viability of this proposed stitching unit depends on the regularorders for the purchase of the finished product. This requires aggressive marketingefforts at the entrepreneur's end.

Following are other key points that are important for the successful operation of the

proposed stitching unit.

Surety of high consistent quality

Surety of on time delivery Competitive rates Cost efficiency Better services to the customer. Better communication development with customers

4. MARKET ANALYSIS

Major concentration of the denim garment stitching industry is in Mumbai

,Ahemdabad,Chennai, Newdelhi,Kolkata etc

The average production capacity of majority of small and medium sized jeansmanufacturing units is about 1,000 jeans per day. However, large size manufacturers

are producing as much as 30,000 jean trousers per day.

4.1.Domestic Market

Almost all the established manufacturers are catering solely to the export market.Only the B-Class products are sold in the domestic market. The size of themanufacturers, whose primary market is domestic, is quite small.

4.2.Target Customers

In case of direct exports, the customers are retail chain stores, direct distributors andwholesalers. The export can either be through buying houses and/or through direct

customers.

5. PRODUCTION PROCESS FLOW

The proposed business is stitching denim jeans. The process will involve purchasingof raw material from the market i.e. denim fabric, which will be put through theprocess. Washing of the fabric will be outsourced as washing in house requires aplant which is expensive and will greatly increase the project cost. Therefore, it is


6/17

recommended that the proposed project should outsource washing. Washing cost per

piece is taken as Rs. 30. The production process flow is given in figure 8-1.

Process Flow Chart for Denim Garments Stitching Unit:

Denim Fabric Inspection Cutting StitchingRaw Material

Pressing Buttoning/ RivetingThreading Stone Washing (To

be outsourced)

____________Final Inspection/ |

Packing |-------------------

5.1.Raw Material

The proposed business will be using the raw material listed in the Table 8-1.

Table 8-1: Raw Material

Raw Material Consumption/ Piece

Rate

(Rs.)

Fabric (Metre) 1.30 200 / m

Pocket Lining (Metre) 0.2 100 / m

Stitching thread (Metre) 350 10/

piece

Imported buttons 1 3 / unit

4.5 YG Zip 1 15 / unit

Main label 1 5 / unit

Care and size label 1 2 / unit

Rewet per unit 6 9 / unit

Packing cost 1 15/

piece

5.2.Packing Cost

Packing cost includes one poly bag and one small carton for the packing of each

finished garment. Total cost of packing for one piece is taken as Rs. 15.


7/17

6. HUMAN RESOURCE REQUIREMENTS

For a garment-stitching unit of 32 stitching machines, following manpower is

required:

Table : Manpower RequiredProduction Staff Number Salary/Month Annual Salary

Production Manager 1 50,000 600,000

Production Planning Officer 1 25,000 300,000

Pattern Master 1 25,000 300,000

Cutting Master 1 15,000 180,000

Cutting Helper 2 8,500 204,000

Final Table inspector 2 12,000 288,000

Finishing Supervisor 1 15,000 180,000

Rowing Inspector 1 12,000 144,000Machine Operator 40 9,000 4,320,000

Helper (machine operator) 2 7,500 180,000

Clippers 2 7,500 180,000

Iron Presser 1 10,000 120,000

Packing Staff 2 7,500 180,000

Store keeper 1 10,000 120,000

Total 58 7,296,000

Administration Staff Number Salary/Month Annual SalaryChief executive 1 75,000 900,000

Finance & Admin. Manager 1 50,000 600,000

Accounts officer 2 15,000 360,000

Marketing Manager 1 40,000 480,000

Merchandiser 1 25,000 300,000

Export Officer 1 25,000 300,000

Purchase Officer 1 20,000 240,000

Technician/Electrician 1 15,000 180,000

Security Guards 2 8,500 204,000Total 11 3,564,000


8/17

7.MACHINERY AND EQUIPMENT DETAILS

7.1. Machinery List

Following combination of stitching machines is required for manufacturing 1,000denim jeans per day. Approximate prices for Japanese origin machinery are given

below:

Table : Stitching Machinery and Equipment

Machinery Quantity Unit cost (Rs.) Total cost (Rs.)

Cutting Machine 2 108,500 217,000

Lock Stitch (Single Needle) 15 28,500 427,500

Lock Stitch (Double Needle) 3 133,000 399,000

Safety Stitching Over lock 1 46,500 46,500

Safety Stitching Over lock 1 50,000 50,000

Feed Off Arm 2 40,500 81,000Bar Tracking 3 318,000 954,000

Waist Belt Machine 1 136,000 136,000

Eyelet Machine 1 1,055,000 1,055,000

Button Stitching Machine 1 320,000 320,000

Loop Making Machine 1 156,500 156,500

Snap Fastener 1 50,000 50,000

Total machinery cost 32 3,892,500

Other Equipment

Steam Boiler 1 138,320 138,320Other tools Lumpsum 25,000 25,000

Machine Installation and wiring 32 4,000 128,000

Total other equipment cost 291,320

Total Cost 4,183,820

7.2. Furniture and Equipment List

Furniture and Equipment requirement for the Administration and Factory building is

given in the table below:

Table : Furniture and Office Equipment

Furniture Quantity Cost/Unit (Rs.) Total Cost (Rs.)Table 9 10,000 90,000Chairs 18 3,000 54,000Shelves 6 10,000 60,000

Stools 13 800 10,400


9/17

Machine Table 40 5,000

200,000Lay Table 12 10,000 120,000

Total 98 534,400EquipmentComputers 9 25,000 225,000Printer 1 15,000 15,000

UPS 9 7,500 67,500Networking 1 25,000 25,000Air conditioner 4 40,000 160,000Tele/Fax 1 15,000 15,000Total 24 507,500Total Cost 1,041,900

8.LAND & BUILDING

8.1. Land/Building Requirement

Approximately, 4,900 square feet of total covered area is required to establish theproposed stitching unit with a management building. The allocation of the spacerequirement is as follows:

Table: Space Requirements

Space Requirement Required area (sq. ft)

Fabric & Accessories inventory Store 1,000

Cutting Room 400

Stitching Room 1,250

Inspection Room 850

Packing Room 750

Finished Garment Store 850

Total factory area 5,100

Management Building 650

Total Area Required (sq. ft.) 5,750

8.2. Recommended Mode

It is recommended that this project should be started in a rented building. As theinitial capital cost of the project will be less. An appropriate premise is normally

available in many commercial/industrial areas/ clusters.

Table: Building Rent

Rent cost Monthly rent (Rs.) Annual rent (Rs.)

Estimated Building rent 150,000 1,800,000


10/17

8.3.. Utilities Requirements

It is assumed that the following utilities will already be available at the proposed

building to be rented out:

Electricity

Water Gas Telephone Fax

9.PROJECT ECONOMICSTable : Project CostsProject Costs

Machinery & equipment

Furniture & fixtures/Equipment

Pre-operating costs

Total Capital Costs

Stocks- Raw Material

Equipment spare part inventory

Upfront for building rental

Upfront insurance payment

Cash

Total Working CapitalTotal Investment in the Project

Table : Financing Plan

Total (Rs.)

4,183,820

1,041,900755,500

5,981,220

3,951,360

2,092

1,800,000

261,286

2,154,373

8,169,111

14,150,331

Equity 50% 7,075,165

Debt 50% 7,075,165

Total 14,150,330


11/17

10.FINANCIAL ANALYSIS

10.1. Projected Income Statement

PROJECTED INCOME STATEMENT

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9

Year

10Sales 107,054,171 125,510,319 148,040,625 173,022,480 201,520,300 221,672,330 243,839,563 268,223,519 295,045,871 324,55Cost of goods sold

79,027,200 88,905,600 99,574,272 111,087,547 129,384,320 142,322,752 156,555,027 172,210,529 189,431,582 208,37Raw Material

Washing Cost

(OUTSOURCED) 6,174,000 6,945,750 7,779,240 8,678,715 9,648,689 10,131,123 10,637,679 11,169,563 11,728,041 12,31Freight Charges 790,272 889,056 995,743 1,110,875 1,293,843 1,423,228 1,565,550 1,722,105 1,894,316 2,08Payroll (Production Staff) 7,296,000 8,025,600 8,828,160 9,710,976 10,682,074 11,750,281 12,925,309 14,217,840 15,639,624 17,20Machine Maintenance 209,191 219,651 230,633 242,165 254,273 266,987 280,336 294,353 309,070 324Direct Electricity 1,641,543 1,805,697 1,986,267 2,184,893 2,403,383 2,643,721 2,908,093 3,198,902 3,518,793 3,87Total 95,138,206 106,791,354 119,394,315 133,015,171 153,666,581 168,538,091 184,871,994 202,813,293 222,521,427 244,17Gross Profit 11,915,965 18,718,965 28,646,310 40,007,308 47,853,719 53,134,239 58,967,569 65,410,226 72,524,445 80,37Operating Expenses

3,564,000 3,920,400 4,312,440 4,743,684 5,218,052 5,739,858 6,313,843 6,945,228 7,639,751 8,40Payroll (Admin)

Fixed electricity 882,000 970,200 1,067,220 1,173,942 1,291,336 1,420,470 1,562,517 1,718,768 1,890,645 2,07

Insurance expense 261,286 235,157 209,029 182,900 156,772 130,643 104,514 78,386 52,257 2Office Expense

(Stationary,Entertainment,etc) 712,800 784,080 862,488 948,737 1,043,610 1,147,972 1,262,769 1,389,046 1,527,950 1,68Administrative & FactoryOverheads 802,906 972,705 1,188,026 1,440,845 1,745,216 2,000,875 2,299,139 2,647,847 3,056,372 3,53Other expenses 60,000 66,000 72,600 79,860 87,846 96,631 106,294 116,923 128,615 14Amortization (Pre-operational Expenses) 151,100 151,100 151,100 151,100 151,100Depreciation 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522Total 6,956,664 7,622,214 8,385,475 9,243,640 10,216,505 11,059,020 12,171,648 13,418,770 14,818,162 16,39Operating Profit 4,959,301 11,096,751 20,260,835 30,763,669 37,637,214 42,075,219 46,795,920 51,991,457 57,706,282 63,98Non-operating ExpensesFinancial Charges on

Long-term Loan 1,132,026 967,419 776,475 554,979 298,044 0 0 0 0


12/17

Financial Charges on

Short-Term Loan 0 1,013,997 678,673 0 0 0 0 0 0 Building Rentel 1,800,000 1,980,000 2,178,000 2,395,800 2,635,380 2,898,918 3,188,810 3,507,691 3,858,460 4,24Total 2,932,026 3,961,416 3,633,148 2,950,779 2,933,424 2,898,918 3,188,810 3,507,691 3,858,460 4,24Profit Before Tax 2,027,274 7,135,335 16,627,687 27,812,890 34,703,790 39,176,301 43,607,111 48,483,766 53,847,823 59,744Tax 506,819 1,783,834 4,156,922 6,953,222 8,675,948 9,794,075 10,901,778 12,120,941 13,461,956 14,93Profit After Tax 1,520,456 5,351,501 12,470,765 20,859,667 26,027,843 29,382,226 32,705,333 36,362,824 40,385,867 44,80


13/17

10.2. Projected Balance Sheet

PROJECTED BALANCE SHEET

Const.

Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9

Ye

Current Assets

Cash 2,154,373 2,154,373 2,154,373 6,040,009 22,300,710 43,901,477 71,166,496 101,488,037 135,173,827 172,560,094 225,Stocks and Inventory 3,951,360 4,445,280 4,978,714 5,554,377 6,469,216 7,116,138 7,827,751 8,610,526 9,471,579 10,418,737 Receivable 0 16,058,126 18,826,548 22,206,094 25,953,372 30,228,045 33,250,850 36,575,934 40,233,528 44,256,881 48,

Equipment and sparepart inventory 2,092 2,197 2,306 2,422 2,543 2,670 2,803 2,944 3,091 3,245 Pre-paid insurnace

payment 261,286 235,157 209,029 182,900 156,772 130,643 104,514 78,386 52,257 26,129 Pre-paid building rent 1,800,000 1,980,000 2,178,000 2,395,800 2,635,380 2,898,918 3,188,810 3,507,691 3,858,460 4,244,306 4,Total 8,169,111 24,875,132 28,348,969 36,381,602 57,517,993 84,277,891 115,541,224 150,263,518 188,792,742 231,509,392 278,Gross Fixed Assets 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,225,720 5,Less: Accumulateddepreciation 0 522,572 1,045,144 1,567,716 2,090,288 2,612,860 3,135,432 3,658,004 4,180,576 4,703,148 5,

Net Fixed Assets 5,225,720 4,703,148 4,180,576 3,658,004 3,135,432 2,612,860 2,090,288 1,567,716 1,045,144 522,572 Intangible Assets

Pre-operationalExpenses 755,500 604,400 453,300 302,200 151,100 0Total 755,500 604,400 453,300 302,200 151,100 0 0 0 0 0 Total Assets 14,150,331 30,182,680 32,982,845 40,341,806 60,804,525 86,890,751 117,631,512 151,831,234 189,837,886 232,031,964 278,

Current LiabilitiesRunning Finance 0 7,242,833 4,847,668 0 0 0 0 0 0 0 Accounts payable 8,297,856 9,335,088 10,455,299 11,664,192 13,585,354 14,943,889 16,438,278 18,082,106 19,890,316 21,Total 0 15,540,689 14,182,756 10,455,299 11,664,192 13,585,354 14,943,889 16,438,278 18,082,106 19,890,316 21,Long-term liabilities

Long-term Loan 7,075,165 6,046,370 4,852,967 3,468,620 1,862,777 0 0 0 0 0 Total 7,075,165 6,046,370 4,852,967 3,468,620 1,862,777 0 0 0 0 0 Equity

Paid-up Capital 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,075,165 7,Retained Earnings 0 1,520,456 6,871,957 19,342,722 40,202,389 66,230,232 95,612,458 128,317,791 164,680,615 205,066,482 249,Total 7,075,165 8,595,621 13,947,122 26,417,887 47,277,555 73,305,397 102,687,623 135,392,956 171,755,780 212,141,647 256,Total Liabilities And

Equity 14,150,331 30,182,680 32,982,845 40,341,806 60,804,525 86,890,751 117,631,512 151,831,234 189,837,886 232,031,964 278,


14/17

10.3. Projected Cash Flow Statement

PROJECTED CASH FLOW STATEMENT

Rs`000'

Const. Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year

Operating activities

Net profit 1,520,456 5,351,501 12,470,765 20,859,667 26,027,843 29,382,226 32,705,333 36,362,824 40,385,867 44Amortization (Pre-operational Expenses) 151,100 151,100 151,100 151,100 151,100 0 0 0 0Depreciation 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522,572 522,572Up-front insurance payment (261,286) 26,129 26,129 26,129 26,129 26,129 26,129 26,129 26,129 26,129Equipment and spare partinventory (2,092) (105) (110) (115) (121) (127) (133) (140) (147) (155)Accounts receivable (16,058,126) (2,768,422) (3,379,546) (3,747,278) (4,274,673) (3,022,805) (3,325,085) (3,657,593) (4,023,353) (4,4Stocks-RM (3,951,360) (493,920) (533,434) (575,664) (914,839) (646,922) (711,614) (782,775) (861,053) (947,158) 10Accounts payable 8,297,856 1,037,232 1,120,211 1,208,894 1,921,161 1,358,535 1,494,389 1,643,828 1,808,211 1,Cash provided byoperations (4,214,738) (6,034,038) 3,786,568 10,335,451 18,106,124 23,727,082 27,554,910 30,640,422 34,036,560 37,772,113 53Financing acivities

Long term debt principalrepayment (1,028,795) (1,193,403) (1,384,347) (1,605,843) (1,862,777) 0 0 0 0Add: buliding rent expense 1,800,000 1,980,000 2,178,000 2,395,800 2,635,380 2,898,918 3,188,810 3,507,691 3,858,460 4,

Building rent payment (1,800,000) (1,980,000) (2,178,000) (2,395,800) (2,635,380) (2,898,918) (3,188,810) (3,507,691) (3,858,460) (4,244,306) (4,6Adition to debt 7,075,165Issuance of share 7,075,165Running FinanceRepayment (7,242,833) (4,847,668) 0 0 0 0 0 0Cash provided by/ (usedfor) financin 12,350,331 (1,208,795) (8,634,236) (6,449,815) (1,845,423) (2,126,315) (289,892) (318,881) (350,769) (385,846) (4Total 8,135,593 (7,242,833) (4,847,668) 3,885,637 16,260,701 21,600,767 27,265,018 30,321,541 33,685,791 37,386,267 52Investing activities

Capital expenditure (5,981,220)Cash (used for)/ provided

by invetsin (5,981,220)Cash balance broughtforward 0 2,154,373 2,154,373 2,154,373 6,040,009 22,300,710 43,901,477 71,166,496 101,488,037 135,173,827 172

Net Cash 2,154,373 (5,088,461) (2,693,295) 6,040,009 22,300,710 43,901,477 71,166,496 101,488,037 135,173,827 172,560,094 225


15/17

11.KEY ASSUMPTIONS

Machinery Assumptions

Number of Machines Installed

Installed capacity

Initial year capacity utilizationMaximum capacity utilization

Capacity utilization growth rate

Defective garment rate (of total finished garments)

Total Production per day

Operating Assumptions

32

100%

70%90%

5%

2%

1000

Shifts operational per day1

Hours operational per shift

8Days operational per year300

Economy-Related AssumptionsElectricity growth rate 10%Wage growth rate 10%

Cash Flow Assumptions

Accounts Receivable cycle (in days) 45

Accounts payable cycle (in days) 30

Raw material inventory (in days) 15

Equipment spare part inventory (in days) 30

Raw Material Assumptions

Raw material cost growth rate (Year 1-4) 5%

Raw material cost growth rate (Year 5-10) 10%

Washing cost Rs. 30

Washing cost growth rate 5%

Revenue Assumptions

Defected garment sales price Rs. 150

Sales Price growth rate 10%


16/17

Expense Assumptions

Administrative overhead (% of Sales) 1%

Office expenses (stationery, entertainment etc) 20% of admin expense

Freight expense 1% of raw material

Machine maintenance (per month) 5% of machinery costMachine maintenance growth rate 5%

Pre-paid building Rent (months) 12

Pre-paid insurance (months) 12

Admin and Factory overhead 0.75% of revenue

Insurance rate (% of net fixed assets) 5%

Spare part inventory 0.05% of machine cost

Rent growth rate 10%

Tax rate 30.90%

Financial AssumptionsProject life (years) 10

Debt 50%

Equity 50%

Interest rate on long-term debt 14.50%

Interest rate on short term debt 14.00%

Debt tenure (years) 5

Debt payments per year 1

Discount rate (weighted avg. cost of capital for NPV) 20%

ANNEXURE 1: RAWMATERIAL& MACHINERYSUPPLIERS

MACHINERYSUPPLIERS

1Om Sai Suneet Overseas

Mr. Suneet Kumar (Business Director)

B-167, Ground Floor, Karampura, New Moti Nagar

Delhi - 110015, India

2.Nido Machineries Pvt. Ltd.

311, Wadala Udyog Bhavan Naigaum Cross Road, Wadala,

Mumbai- 400031, Maharashtra

3.Gabbar Industries Private Limited

Plot No. 3606, 1, Krishna Industrial Estate, Vatva G.I.D.C., Phase- 4 ,

Ahmedabad- 380001, Gujarat


17/17

4.Macro Agencies Private Limited

No - 38- A 2, Doddanakundi, Industrial Area, Whitefield Road, Mahadevapura,

Bengaluru- 560048, Karnatakawww.macroagencies.in

5.M/s. Erhardt Leimer India Ltd.

43, Dr. V. B Gandhi Road,

Mumbai-23

6.M/s. Eastern Engineering Co.

Jeevan Udyog, II Floor,

278, Dr. D. N. Road,

Fort, Mumbai

9. M/s. Srirang Equipment

RAWMATERIALSUPPLIERS

M/s. Rajeswari Textiles LimitedRaja Street, NH Road,

Kalbadevi Market, Mumbai

2. M/s. Mettur Beardsell Limited

Bombay Mutual Building, III Floor,

NSC, Bose Road,

Chennai-600 001

3. M/s. Vardhaman Threads

Mahavir Spg. Mills Ltd.,

Chandigarh Road,

Ludhiana-141 0114. M/s. K. G. Denims Limited

Narsihamaicken Palayam,

MTP Road, Coimbatore

5. M/s. Aravind Clothing Mills Ltd.

Ahmedabad.

Date post:	17-Feb-2018
Category:	Documents
Upload:	diprajsinha
View:	216 times
Download:	0 times

Denim Jean Stitching Unit

Documents