Shri Lakshmi Cotsyn enters high-end organic textile segment
September 24th, 2008
Business Standard, India
Kanpur-based diversified textile company, Shri Lakshmi Cotsyn Ltd, has forayed into high-end organic textile segment.
The company launched its new brand ‘Weaves’ that offers wide range of home furnishing products such as Vitamin E (skin care) bed sheets, water repellent bed sheets for new mothers, mosquito, bacteria repellent and stain free bed sheets for health conscious families.
‘Weaves’ will be available at 1500 outlets in the next three months of its Launch.
The company is in a process of opening 500 franchise stores across India through its Pan India distributor’s channel.
“Shri Lakshmi is giving thrust to innovation and is in the process of introducing many Eco friendly organic cotton products,” M P Agarwal, CMD of the company said.
The CMD expects the turnover of its Terry Towel business to increase from the existing Rs 71 crore to Rs 125 crore and Home furnishing to Rs 100 crore from the existing Rs 68 crore in the Accounting Year June‘ 09.
Leave a Comment
Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
Trackback this post | Subscribe to the comments via RSS Feed