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By
Fibre2Fashion
Published
Dec 27, 2017
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Indian Terrain targets Rs 1000 cr revenue in 3 yrs

By
Fibre2Fashion
Published
Dec 27, 2017

Chennai-based Indian Terrain Fashions plans to turn into a Rs 1,000-crore firm by fiscal 2020-21 by expanding its sales network and reach, particularly in north and east India, according to company chairman and managing director Venky Rajagopal. The company expects its kidswear brand India Terrain Boys to grow four times to Rs 200 crore in the next three years.


F2F


The company, which has a gross revenue of around Rs 700 crore this fiscal and is growing with a compound annual growth rate of over 20 per cent, is also optimistic about a higher contribution from accessories to its bottom line, Rajagopal told a news agency.

Launched two years ago, the India Terrain Boys brand is already generating a Rs 50-crore revenue. The company will ramp up its distribution network in north, east and the north-east region.

Forty per cent of the company’s revenue at present comes from south India, 20 per cent each from west and north, and the rest from the eastern region and online sales. Online sales contribute 3 to 4 per cent of the total revenue, he added. 

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