MAKE IN INDIA – Dollar Industries Ltd

Management Team

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Mr. Din Dayal Gupta

Mr. Din Dayal Gupta, Chairman

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Journey Began

In 1973 started as Bhawani Textiles which turned in to Dollar industries Ltd in 2008.

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Products Manufactured

One of the leading hosiery brands in the country, Dollar manufactures a range of more than 250 products across all innerwear segments.

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Iconic Brands

Bigboss, Force, Club, Missy, Champion, Wintercare, Ultra Thermals, Footprints, Myme.

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Manufacturing Facilities

The company’s manufacturing facilities are located at Kolkata, Tirupur, Dindigul, Erode, Delhi and Ludhiana.

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Production Capacity

Dollar manufactures 350 tonnes of quality yarn a month, consisting of 100% cotton.

Global Presence

The company is headquartered in Kolkata. Having created a substantial presence pan-India, Dollar products are also marketed in11 countries in UAE, Oman, Jordan, Qatar, Kuwait, Bahrain, Yemen, Iraq, Uzbekistan, Nepal, Bangladesh and Sudan.

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Expansion

Dollar has launched a new value added product under the brand NXT. The product is well accepted by the consumer at large and contributing major chunk to the revenue and profitability of the company in the coming years.

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Financial Performance

Dollar Industries reported revenue of Rs. 830 crores corresponded by record profits of Rs. 26.35 crores in 2015-16. An increase of 13.60% in turnover and an increase of 35.52% in the profit (after tax) compared to the previous financial year. The export too has increased to Rs. 6934.57 lakhs against Rs. 6055.37 lakhs during 2014-15.

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Future Focus

“We are optimistic of generating Rs. 1000 crore revenue in 2016-17.  In doing so, we believe that we would be the fastest in our sector to get to this four digit benchmark, emphasising the point that we have always made: Dollar is a different kind of company” – Mr. Din Dayal Gupta, Chairman.

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Technology Absorption

Rieter and Schlafhorst (spinning), Schlafhorst (dyeing), BIERREBI s.r.I, SCALVOS S.A., BIANCO SPA and MORGAN TECNICA SPA.