T.T. Limited commenced commercial production in its new factory established in Howrah West Bengal in an area of 1.25 lac Sq Ft. in the West Bengal Hosiery Park. Bengal has an advantage of a robust knitting cluster and availability of skilled labour, further proximity to a Metro City like Kolkata and Port makes exports easier.
The unit will produce inner and casual wear to cater to both the growing domestic market and the new garment exports opportunities from India due to FTA with UK & the upcoming Bilateral Trade Agreement with USA that is expected to give India a tariff advantage over China.
The new unit, is expected to do about 3.5 to 4 million pieces per annum once it comes into full operations from Q3, 2025. There is space to double capacity which the company would plan once the existing operations stabilize in the next 3 to 6 months. Further this new unit would act as a distribution point for the entire Eastern Indian markets. In order to ensure this Unit is capable to match the export quality & certification requirements, complete machinery has been imported from reputed international companies. The Company has registered to become SEDEX certified so that it is a fully complaint factory from Day One.
T.T.Limited plans to clearly focus on the value-added innerwear and casualwear segment both in domestic brand (under its brands T.T. and HiFlyer) and in exports to capitalize on the tremendous opportunity for India in exports. The Company also plans to strengthen its Surat operations recognizing the strong changing importance of blends and 100% Manmade fibers in the domestic casual wear market and slowly expected to perpetuate to the export market.