TT Limited eyes growth, to roll out expansion plan

By

Isabelle Crossley

Published
May 11, 2018

The garment manufacturer TT Limited is eyeing between 25 and 30 percent growth as the brand steps up its retail presence across exclusive business outlets (EBOs) and partners, as well as its finished garment product portfolio.

Speaking to the press, TT Ltd.’s Managing Director Sanjay K Jain said: “Constant development work is being done to make new products, particularly in the fashion segment so as to make a strong product basket. All our development in colour palettes / styles / themes are focussed to the youth segment. Our retail presence is growing at a very fast pace with the expansion of our distribution base. We are augmenting our presence simultaneously at all fronts be it EBOs, channel partners. In order to service this growth, we are also augmenting our manufacturing facilities with increase in production capacities of existing facilities.”

The business will launch a “new integrated textile project in Gajraula”, which will have a yearly manufacturing capacity of approximately one crore garments. This will allow for increased production to supply new outlets across India.

EBOs will be opened for the business’ clothing brand TT Bazaar and the plan is to reach 100 outlets by the end of 2018. The brand is currently available in 30,000 multi-brand outlets (MBOs) and this figure is also set to rise. TT Bazaar sells clothing in the value segment of the market for men, women, and children.