An employee works on a loom while manufacturing wool blankets in Pennsylvania, U.S. (Photographer: Luke Sharrett/Bloomberg)
Monte Carlo Fashions Ltd. is eyeing 20 percent year-on-year uptick in sales volume over the next two quarters as winter season reaches its peak across north India. That would come after a flat first half of the year ending March 2018.
Sandeep Jain, executive director at the Punjab-based company said the winter apparel maker hopes on tapping the growing demand from western and southern parts of the country. It accounts for nearly 30 percent of the company's annual sales.