Nahar Retail Ltd, the retail arm of Nahar Industrial Enterprises Ltd, has decided to focus on manufacturing denim outfits for the penetration of its brand 'Cotton County'. |
According to Sachin Sahni, vice-president (marketing) of Nahar Retail, the company plans to manufacture 50,000 pairs of denim jeans every month. |
|
He added that about 4 million pairs of denim jeans were sold every month in the retail market of India. "We intend to grab 5 per cent market share in six months and about 10 per cent in one year". |
|
Sahni added that the in-house availability of denim would help them offer product at a more competitive price. "At Oswal denim, 1.2 million meters of denim is manufactured every month, of which 900,000 pairs of jeans can be made." |
|
He said Cotton County had consolidated its position in north and east and planned to expand in smaller cities of southern India. He ruled out any possibility of putting up a manufacturing facility in south.Nahar retail would have 500 outlets by the year end and 1,000 outlets by year 2010. |
|