Kerala-based Kitex Garments, the third-largest infant garment brand in the world at present, is planning to grab the top spot by 2025, by which time its turnover would be around Rs 2,000 crore, as against Rs 650 crore at present.
To achieve this target, the company plans to invest around Rs 900 crore and venture into the manufacturing and sale of new products in the infant apparel category, which includes products like socks for children, baby diapers and baby wet wipes.
At the operational level, 'Vision 2025' translates into technological and operational expansion, with organic diversification of the product portfolio.