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Dollar Industries planning to enter lingerie business by H1FY22

19 Oct 2020 Evaluate

Dollar Industries is looking at acquisition opportunities as it plans to enter the booming lingerie business by the first half of next financial year (H1FY22). It has also set up a team to look at the possibility of doing lingerie in-house. Besides, the company is looking at building up its kid’s portfolio and getting into readymade garments segment for kids. The company is also eyeing up to 10 percent growth in revenue at about Rs 1,050 crore in the current fiscal (FY21).

Dollar Industries has become a force to reckon within the Innerwear Market. It is one of the country’s top five Hosiery undergarment manufacturers.

Peers
Company Name CMP
Vardhman Textiles 575.60
Welspun Living 210.45
Arvind 569.60
K.P.R. Mill 1128.10
Raymond Lifestyle 687.95
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