TT Ltd, India’s well-known garment brand, is expanding its product range by focusing more on bra and lingerie segment. Currently the company sells mainly casual wear, undergarments and home textile products in India and other countries across the globe. With having its own vertically integrated manufacturing unit, TT is looking for a partner who can invest Rs 3 to 5 crore in this project. The partner will be responsible for manufacturing as well as marketing (franchise) the project. Though he will have ownership, management right and control but will have to work according to company policies.
Currently, the company does not export these products but plans to do the same after about a year. Last year it raked in a turnover of Rs 518 crore, of which, Rs 260 crore was generated from exports. The company has shifted its focus from spinning to garmenting in recent years.