Apparel Online India Magazine November 1st Issue 2018 | Page 38

INDUSTRY LIVE Adventure Compass moving into multiple directions Dehradun-based Adventure Compass, manufacturing technical textile products for tracking and special jackets etc., is now moving in multiple directions. The company is in the process to start manufacturing waterproof garments; and down the line, it also has plans to explore the export market as well. Currently, the organisation is working with Indian armed forces, various Government agencies as well as India’s top tracking organisations. Amit Mamgain, Director of the company stated, “We are an “Quality is our forte and I want to make the best quality waterproof shoes also in India, not being done till now.” – Amit Mamgain, Director, Adventure Compass Amit Mamgain, Director, Adventure Compass expert in our product category which includes niche products like tent, sleeping bags with technical features. Production cost is comparatively less for us. There is scope of improvement in our production infrastructure and we are working on the same, like adding seam taping machines. All this should help us explore export opportunities.” He further added that due to ‘Make In India’ initiative, there are more opportunities for players like him. Importing raw material from US, Taiwan and China, the company mainly uses nylon to strengthen its products. “Quality is our forte and I want to make the best quality waterproof shoes also in India, not being done till now,” concluded Amit. Artex Apparel's kidswear brand Tales & Stories planning 80 stores in next three years Indian branded kidswear market seems to be divided into two kinds of brands: top global brands and local brands. However, there is hardly any availability of medium-to-higher kinds of brands in this market. Tales & Stories, a 3-year-old Indian kidswear brand of the 4-decade-old company Artex Apparels, Ahmedabad is successfully trying to fill this gap. Currently having its own 20 stores, mainly in Gujarat, the brand is aggressively planning to add 80 more stores in the next three years. The parent company Artex Apparels, having 700 machines and producing more than one lakh pieces per month, is generating 60 per cent of its total revenue from export but now the company is focusing more on its own brand. Its own brand currently contributes to nearly 20 per cent of the total business while the rest 20 per cent is produced for the top Indian retailers like Reliance Trends, Lifestyle etc. Praful Shah, Chairman and CEO of the company told Apparel Online, “In future, we see more growth in Indian retail, so we “We have a roadmap to achieve our target of having a total of 100 stores by 2021 and things are taking shape as per our planning.” – Praful Shah, Chairman and CEO, (Tales & Stories), Artex Apparels Tales & Stories brand by Artex Apparels has a strong focus on product development 38 Apparel Online India | NOVEMBER 1-15, 2018 | www.apparelresources.com are focusing more on our brand and retail presence. We have a roadmap to achieve our target of having a total of 100 stores by 2021 and things are taking shape as per our planning.” With advanced infrastructure and focus on product development, the brand’s team works to explore what exactly their target customer needs. Adding value to the products is a continuous process for the brand. Talking about the export scenario, Praful added that the situation is going to be challenging always but the current cold war between China and the US should help to get little more business. “We have some feedback that apparel import from Bangladesh is not going to be a long-term challenge for Indian manufacturers as various industry associations have given strong representations in this regard and the Government is well aware of this challenge.”