KPR Mill - Large Global Market To Aid Sustained Export Growth, Says ICICI Direct
Rolls of coloured yarn sit on hangars at a knitting centre. (Photographer: Lisi Niesner/Bloomberg)

KPR Mill - Large Global Market To Aid Sustained Export Growth, Says ICICI Direct

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

KPR Mill Ltd. is India’s leading garment manufacturer and exporter of knitted apparels, boasting capacity to produce 115 million pieces per annum.

The company, given its vertically integrated business model seems well placed to benefit from China plus one strategy.

Its export order book at the end of Q2 FY21 was healthy at Rs 540 crore.

To cater to the growing market demand and tapping new potential markets (like U.S.), the company had embarked upon a greenfield expansion of its garmenting facility with annual capacity of 42 million pieces.

Click on the attachment to read the full report:

ICICI Direct KPR Company Update_Dec20.pdf

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