Sivaramakrishnan Ganapathi, MD, Gokaldas Exports, says this year on the low base of last year, there is a growth. Also, the retail-led demand continues to pull up the sector and there is also a move from Western companies to source more from India and that is getting more pronounced when the demand is coming back,…
Sivaramakrishnan Ganapathi, Managing Director, Gokaldas Exports “European brands bought about 16% less than the previous year. So, it has been a bit slow. And compared to that we are now seeing traction coming back, so that is good news,” says Sivaramakrishnan Ganapathi, Gokaldas Exports. Let us just start by talking about the numbers. Yes, obviously,…
Representative Image Mumbai: Readymade garment manufacturer and exporter Gokaldas Exports Ltd (GEL) on Tuesday said it has entered into an agreement through its wholly-owned subsidiaries to acquire Atraco Group for USD 55 million. Headquartered in Dubai, apparel manufacturer Atraco operates with a network of four manufacturing units in Kenya and one in Ethiopia producing about…
