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Dollar Industries plans to become Rs 2000 crore company by FY25

25 May 2022 Evaluate

Dollar Industries is aiming to become a Rs 2000 crore company by 2024-25 and will invest Rs 120 crore by the same year to double its spinning capacity. As a part of its Vision 2025, the company has earmarked Rs 120 crore for expansion and new launches. It would set up one more spinning mill at Dindugul in Tamil Nadu and start a new world-class warehousing facility cum hosiery park at Jagdishpur in West Bengal.

Dollar Industries is the only hosiery and knitwear company in India. The company has become one of the leading brands in the hosiery sector.

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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