PROJECT REPORT

DENIM JEANS STITCHING UNIT

PURPOSE OF THE DOCUMENT

The objective of the pre-feasibility study is primarily to facilitate potential
entrepreneurs to facilitate investment and provide an overview about Garment
Stitching Unit. The project pre-feasibility may form the basis of an important
investment decision and in order to serve this objective, the document covers various
aspects of the business concept development, start-up, production, marketing, and
finance and business management.
This particular pre-feasibility is regarding Garment Stitching Unit which comes
under Textile sector.

Prepared By:
Samadhan Associates Pvt Ltd
22, Greenwood apartments
Gokhle Marg
Lucknow 226001

1. EXECUTIVE SUMMARY
The proposed Denim Jeans Stitching unit is a project of the Textile Sector,
producing standard five pocket jeans trouser. The unit will cater to the local as well
as export denim market. The jeans produced will be of export, high quality fabric.
Through the use of high-tech equipment and modern techniques the company can
produce jeans of latest trends without compromising on quality. The process flow
includes purchase of raw material, cutting, stitching, washing, finishing, pressing
and packing. Quality control checks will be taken care of through out the process.
Indian denim market is on a high growth path with a rate of growth in the range of 8-12%.
However, the market is dominated by the non-branded players who take away the major
share of the denim market. The branded denim market is estimated to be around $450$500 million , and is dominated by some international labels though the local brands are
also getting prominent.

India has become denim hub in the region in less than a decade and is considered as
one of the leading supplier of quality denim fabric to the world's known brands.
India's denim is second to none. There has been a phenomenal increase in the
production capacity of denim mills in India and at present numerous denim mills are
in operation. The denim industry is contributing substantially towards exports
creating job opportunities and has invested billions in the denim sector. The denim
industry is not only fully catering to the needs of the local apparel industry but is
also catering to the foreign market and earning valuable foreign exchange for the
country.
This particular stitching unit is proposed to have an installed capacity for producing
1000 denim jeans per day. The units initial capacity utilization is kept at 70%,
which eventually goes up to 90% in the fifth year. A Denim Garment Stitching Unit
with an installed capacity to produce 1,000 pieces per day needs an investment
estimated at Rs.141.50 Lacs The project is financed through 50% debt and 50%
equity. Projected IRR and Payback of this project are 71.11%, and 3.71 years
respectively. The legal business status of this project is proposed as Sole
Proprietorship.

2. CRUCIAL FACTORS AND STEPS IN DECISION MAKING

2.1. Strengths

There is a ready made market for this product.

Relatively low labour costs
Ample available work force.
Well-situated industrial estate with all major facilities available.

2.2.Weaknesses

The requirement of credit and/or delay of payments from customer side

might cause disturbance in the cash cycles.
Very small base of available skilled machinists.
Lack of trained technicians and line / middle management.
Uncertain investment climate

2.3.Opportunities

SEB/IndustrialEstates/clusters will provide uninterrupted electricity for

industrial consumers to lower the electricity cost of manufacturing.

Manufacturers-cum-exporters are allowed to import samples of each kind or

quality at zero duty rates.

2.4.Threats

Skilled operators in the denim garments are quite unorganized. Stitching

expertise is not available at the best possible level. This restricts the industry
to the basic garments and only limits the entry into the manufacturing of high
quality garments.

Cost of doing business may increase as the energy, raw material prices,
wages and mark up rates may rise.

3. PROJECT PROFILE
3.1Opportunity Rationale
During the last decade, the usage of denim garments, especially denim jeans, has
been on a rise in the international as well as the local markets. This has led to a rise
in the demand of denim garments. The competitive edge of India in this field stems
from the ready availability of cotton yarn required to weave denim fabric i.e.

During the past few years, the denim fabric manufacturing capacity has also been
enhanced that has provided the opportunity to industry to strengthen. The export of denim
garments from India has also been on a rise.
3.2.Project Brief
The proposed project presents an investment opportunity in manufacturing of denim
jeans. The project profile has been prepared for a standard five pocket jeans trouser.
The proposed stitching unit will be having the potential for its own manufacturing
and supply for the local market as well as for the export market. However washing
will be outsourced.
3.3Proposed Capacity
The proposed capacity of the unit is 1000 garments per day.
3.4.Total Project Cost
The cost of project has been estimated as Rs.141.50 Lacs including machinery and
office equipment.
Project Investment
Capital Investment
Working Capital
Total Investment

Rs. 5,981,220
Rs. 8,169,111
Rs. 14,150,331

The proposed pre-feasibility is based on the assumption of 50% debt and 50%
equity. However this composition of debt and equity can be changed as per the
requirement of the investor.
The project seems to be viable with the following returns on investment.
Project Returns
Internal rate of return (project)
Net Present Value @ 20%
Payback period based on cash inflows

71.11%
Rs. 165,680,748
3.71 years

3.4.Proposed Business Legal Status

The proposed legal structure of the business entity is either sole proprietorship or
partnership. Although selection totally depends upon the choice of the entrepreneur
but this financial feasibility is based on a Sole Proprietorship.

3.5Proposed Location
The proposed locations for a garment manufacturing unit will be suitable in a Textile
cluster or textile Park developed by the state Government where necessary
infrastructure facilities are available.
3.6.Key Success Factors
The total commercial viability of this proposed stitching unit depends on the regular
orders for the purchase of the finished product. This requires aggressive marketing
efforts at the entrepreneur's end.
Following are other key points that are important for the successful operation of the
proposed stitching unit.

Surety of high consistent quality

Surety of on time delivery
Competitive rates
Cost efficiency
Better services to the customer.
Better communication development with customers

4. MARKET ANALYSIS
Major concentration of the denim garment stitching industry is in Mumbai
,Ahemdabad,Chennai, Newdelhi,Kolkata etc
The average production capacity of majority of small and medium sized jeans
manufacturing units is about 1,000 jeans per day. However, large size manufacturers
are producing as much as 30,000 jean trousers per day.
4.1.Domestic Market
Almost all the established manufacturers are catering solely to the export market.
Only the B-Class products are sold in the domestic market. The size of the
manufacturers, whose primary market is domestic, is quite small.
4.2.Target Customers
In case of direct exports, the customers are retail chain stores, direct distributors and
wholesalers. The export can either be through buying houses and/or through direct
customers.

5. PRODUCTION PROCESS FLOW

The proposed business is stitching denim jeans. The process will involve purchasing
of raw material from the market i.e. denim fabric, which will be put through the
process. Washing of the fabric will be outsourced as washing in house requires a
plant which is expensive and will greatly increase the project cost. Therefore, it is

recommended that the proposed project should outsource washing. Washing cost per
piece is taken as Rs. 30. The production process flow is given in figure 8-1.
Process Flow Chart for Denim Garments Stitching Unit:

Denim Fabric
Raw Material

Inspection

Pressing

Buttoning/ Riveting

Cutting

Stitching

Threading

Stone Washing (To

be outsourced)

____________
Final Inspection/
Packing

|
|

------------------5.1.Raw Material
The proposed business will be using the raw material listed in the Table 8-1.
Table 8-1:

Raw Material
Rate

Raw Material
Fabric (Metre)
Pocket Lining (Metre)
Stitching thread (Metre)
Imported buttons
4.5 YG Zip
Main label
Care and size label
Rewet per unit
Packing cost

Consumption/ Piece (Rs.)

1.30
0.2
350
1
1
1
1
6
1

200
100

/m
/m

/
10 piece
3 / unit
15 / unit
5 / unit
2 / unit
9 / unit
/
15 piece

5.2.Packing Cost
Packing cost includes one poly bag and one small carton for the packing of each
finished garment. Total cost of packing for one piece is taken as Rs. 15.

6. HUMAN RESOURCE REQUIREMENTS

For a garment-stitching unit of 32 stitching machines, following manpower is
required:
Table :

Manpower Required

Production Staff
Production Manager
Production Planning Officer
Pattern Master
Cutting Master
Cutting Helper
Final Table inspector
Finishing Supervisor
Rowing Inspector
Machine Operator
Helper (machine operator)
Clippers
Iron Presser
Packing Staff
Store keeper
Total

Number
1
1
1
1
2
2
1
1
40
2
2
1
2
1
58

Salary/Month
50,000
25,000
25,000
15,000
8,500
12,000
15,000
12,000
9,000
7,500
7,500
10,000
7,500
10,000

Annual Salary
600,000
300,000
300,000
180,000
204,000
288,000
180,000
144,000
4,320,000
180,000
180,000
120,000
180,000
120,000
7,296,000

Administration Staff
Chief executive
Finance & Admin. Manager
Accounts officer
Marketing Manager
Merchandiser
Export Officer
Purchase Officer
Technician/Electrician
Security Guards
Total

Number
1
1
2
1
1
1
1
1
2
11

Salary/Month
75,000
50,000
15,000
40,000
25,000
25,000
20,000
15,000
8,500

Annual Salary
900,000
600,000
360,000
480,000
300,000
300,000
240,000
180,000
204,000
3,564,000

7.MACHINERY AND EQUIPMENT DETAILS

7.1. Machinery List
Following combination of stitching machines is required for manufacturing 1,000
denim jeans per day. Approximate prices for Japanese origin machinery are given
below:
Table : Stitching Machinery and Equipment
Machinery
Cutting Machine
Lock Stitch (Single Needle)
Lock Stitch (Double Needle)
Safety Stitching Over lock
Safety Stitching Over lock
Feed Off Arm
Bar Tracking
Waist Belt Machine
Eyelet Machine
Button Stitching Machine
Loop Making Machine
Snap Fastener
Total machinery cost
Other Equipment
Steam Boiler
Other tools
Machine Installation and wiring
Total other equipment cost
Total Cost

Quantity
2
15
3
1
1
2
3
1
1
1
1
1
32

Unit cost (Rs.)

108,500
28,500
133,000
46,500
50,000
40,500
318,000
136,000
1,055,000
320,000
156,500
50,000

Total cost (Rs.)

217,000
427,500
399,000
46,500
50,000
81,000
954,000
136,000
1,055,000
320,000
156,500
50,000
3,892,500

1
Lumpsum
32

138,320
25,000
4,000

138,320
25,000
128,000
291,320
4,183,820

7.2. Furniture and Equipment List

Furniture and Equipment requirement for the Administration and Factory building is
given in the table below:

Table : Furniture and Office Equipment

Furniture
Table
Chairs
Shelves
Stools

Quantity
9
18
6
13

Cost/Unit (Rs.) Total Cost (Rs.)

10,000
90,000
3,000
54,000
10,000
60,000
800
10,400

Machine Table
Lay Table

40
12

Total
Equipment
Computers
Printer
UPS
Networking
Air conditioner
Tele/Fax
Total
Total Cost

98

5,000
10,000

200,000
120,000
534,400

9
1
9
1
4
1
24

25,000
15,000
7,500
25,000
40,000
15,000

225,000
15,000
67,500
25,000
160,000
15,000
507,500
1,041,900

8.LAND & BUILDING

8.1. Land/Building Requirement
Approximately, 4,900 square feet of total covered area is required to establish the
proposed stitching unit with a management building. The allocation of the space
requirement is as follows:
Table: Space Requirements
Space Requirement
Fabric & Accessories inventory Store
Cutting Room
Stitching Room
Inspection Room
Packing Room
Finished Garment Store
Total factory area
Management Building
Total Area Required (sq. ft.)

Required area (sq. ft)

1,000
400
1,250
850
750
850
5,100
650
5,750

8.2. Recommended Mode

It is recommended that this project should be started in a rented building. As the
initial capital cost of the project will be less. An appropriate premise is normally
available in many commercial/industrial areas/ clusters.

Table: Building Rent

Rent cost
Estimated Building rent

Monthly rent (Rs.)

150,000

Annual rent (Rs.)

1,800,000

8.3.. Utilities Requirements

It is assumed that the following utilities will already be available at the proposed
building to be rented out:

Electricity
Water
Gas
Telephone
Fax

9.PROJECT ECONOMICS
Table : Project Costs
Project Costs
Machinery & equipment
Furniture & fixtures/Equipment
Pre-operating costs
Total Capital Costs

Total (Rs.)
4,183,820
1,041,900
755,500
5,981,220

Stocks- Raw Material

Equipment spare part inventory
Upfront for building rental
Upfront insurance payment
Cash
Total Working Capital
Total Investment in the Project

3,951,360
2,092
1,800,000
261,286
2,154,373
8,169,111
14,150,331

Table : Financing Plan

Equity
Debt
Total

50%
50%

7,075,165
7,075,165
14,150,330

10.FINANCIAL ANALYSIS
10.1. Projected Income Statement
PROJECTED INCOME STATEMENT

Year 1
Sales
Cost of goods sold
Raw Material
Washing Cost
(OUTSOURCED)
Freight Charges
Payroll (Production Staff)
Machine Maintenance
Direct Electricity
Total
Gross Profit
Operating Expenses
Payroll (Admin)
Fixed electricity
Insurance expense
Office Expense
(Stationary,Entertainment,
etc)
Administrative & Factory
Overheads
Other expenses
Amortization (Preoperational Expenses)
Depreciation
Total
Operating Profit
Non-operating Expenses
Financial Charges on
Long-term Loan

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year
10

Year 9

107,054,171

125,510,319

148,040,625

173,022,480

201,520,300

221,672,330

243,839,563

268,223,519

295,045,871

324,550,459

79,027,200

88,905,600

99,574,272

111,087,547

129,384,320

142,322,752

156,555,027

172,210,529

189,431,582

208,374,741

6,174,000

6,945,750

7,779,240

8,678,715

9,648,689

10,131,123

10,637,679

11,169,563

11,728,041

12,314,443

790,272

889,056

995,743

1,110,875

1,293,843

1,423,228

1,565,550

1,722,105

1,894,316

2,083,747

7,296,000

8,025,600

8,828,160

9,710,976

10,682,074

11,750,281

12,925,309

14,217,840

15,639,624

17,203,586

209,191

219,651

230,633

242,165

254,273

266,987

280,336

294,353

309,070

324,524

1,641,543

1,805,697

1,986,267

2,184,893

2,403,383

2,643,721

2,908,093

3,198,902

3,518,793

3,870,672

95,138,206

106,791,354

119,394,315

133,015,171

153,666,581

168,538,091

184,871,994

202,813,293

222,521,427

244,171,714

11,915,965

18,718,965

28,646,310

40,007,308

47,853,719

53,134,239

58,967,569

65,410,226

72,524,445

80,378,745

3,564,000

3,920,400

4,312,440

4,743,684

5,218,052

5,739,858

6,313,843

6,945,228

7,639,751

8,403,726

882,000

970,200

1,067,220

1,173,942

1,291,336

1,420,470

1,562,517

1,718,768

1,890,645

2,079,710

261,286

235,157

209,029

182,900

156,772

130,643

104,514

78,386

52,257

26,129

712,800

784,080

862,488

948,737

1,043,610

1,147,972

1,262,769

1,389,046

1,527,950

1,680,745

802,906

972,705

1,188,026

1,440,845

1,745,216

2,000,875

2,299,139

2,647,847

3,056,372

3,535,935

60,000

66,000

72,600

79,860

87,846

96,631

106,294

116,923

128,615

141,477

151,100

151,100

151,100

151,100

151,100

522,572

522,572

522,572

522,572

522,572

522,572

522,572

522,572

522,572

522,572

6,956,664

7,622,214

8,385,475

9,243,640

10,216,505

11,059,020

12,171,648

13,418,770

14,818,162

16,390,293

4,959,301

11,096,751

20,260,835

30,763,669

37,637,214

42,075,219

46,795,920

51,991,457

57,706,282

63,988,452

1,132,026

967,419

776,475

554,979

298,044

Financial Charges on
Short-Term Loan
Building Rentel
Total
Profit Before Tax
Tax
Profit After Tax

1,013,997

678,673

1,800,000

1,980,000

2,178,000

2,395,800

2,635,380

2,898,918

3,188,810

3,507,691

3,858,460

4,244,306

2,932,026

3,961,416

3,633,148

2,950,779

2,933,424

2,898,918

3,188,810

3,507,691

3,858,460

4,244,306

2,027,274

7,135,335

16,627,687

27,812,890

34,703,790

39,176,301

43,607,111

48,483,766

53,847,823

59,744,146

506,819

1,783,834

4,156,922

6,953,222

8,675,948

9,794,075

10,901,778

12,120,941

13,461,956

14,936,037

1,520,456

5,351,501

12,470,765

20,859,667

26,027,843

29,382,226

32,705,333

36,362,824

40,385,867

44,808,110

10.2. Projected Balance Sheet

PROJECTED BALANCE SHEET

Const.
Year
Current Assets
Cash
Stocks and Inventory
Receivable
Equipment and spare
part inventory
Pre-paid insurnace
payment
Pre-paid building rent
Total
Gross Fixed Assets
Less: Accumulated
depreciation
Net Fixed Assets
Intangible Assets
Pre-operational
Expenses
Total
Total Assets
Current Liabilities
Running Finance
Accounts payable
Total
Long-term liabilities
Long-term Loan
Total
Equity
Paid-up Capital
Retained Earnings
Total
Total Liabilities And
Equity

Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year
10

Year 9

2,154,373

2,154,373

2,154,373

6,040,009

22,300,710

43,901,477

71,166,496

101,488,037

135,173,827

172,560,094

225,474,392

3,951,360

4,445,280

4,978,714

5,554,377

6,469,216

7,116,138

7,827,751

8,610,526

9,471,579

10,418,737

16,058,126

18,826,548

22,206,094

25,953,372

30,228,045

33,250,850

36,575,934

40,233,528

44,256,881

48,682,569

2,092

2,197

2,306

2,422

2,543

2,670

2,803

2,944

3,091

3,245

3,408

261,286

235,157

209,029

182,900

156,772

130,643

104,514

78,386

52,257

26,129

1,800,000

1,980,000

2,178,000

2,395,800

2,635,380

2,898,918

3,188,810

3,507,691

3,858,460

4,244,306

4,668,736

8,169,111

24,875,132

28,348,969

36,381,602

57,517,993

84,277,891

115,541,224

150,263,518

188,792,742

231,509,392

278,829,105

5,225,720

5,225,720

5,225,720

5,225,720

5,225,720

5,225,720

5,225,720

5,225,720

5,225,720

5,225,720

5,225,720

522,572

1,045,144

1,567,716

2,090,288

2,612,860

3,135,432

3,658,004

4,180,576

4,703,148

5,225,720

5,225,720

4,703,148

4,180,576

3,658,004

3,135,432

2,612,860

2,090,288

1,567,716

1,045,144

522,572

755,500

604,400

453,300

302,200

151,100

755,500

604,400

453,300

302,200

151,100

14,150,331

30,182,680

32,982,845

40,341,806

60,804,525

86,890,751

117,631,512

151,831,234

189,837,886

232,031,964

278,829,105

7,242,833

4,847,668

8,297,856

9,335,088

10,455,299

11,664,192

13,585,354

14,943,889

16,438,278

18,082,106

19,890,316

21,879,348

15,540,689

14,182,756

10,455,299

11,664,192

13,585,354

14,943,889

16,438,278

18,082,106

19,890,316

21,879,348

7,075,165

6,046,370

4,852,967

3,468,620

1,862,777

7,075,165

6,046,370

4,852,967

3,468,620

1,862,777

7,075,165

7,075,165

7,075,165

7,075,165

7,075,165

7,075,165

7,075,165

7,075,165

7,075,165

7,075,165

7,075,165

1,520,456

6,871,957

19,342,722

40,202,389

66,230,232

95,612,458

128,317,791

164,680,615

205,066,482

249,874,592

7,075,165

8,595,621

13,947,122

26,417,887

47,277,555

73,305,397

102,687,623

135,392,956

171,755,780

212,141,647

256,949,757

14,150,331

30,182,680

32,982,845

40,341,806

60,804,525

86,890,751

117,631,512

151,831,234

189,837,886

232,031,964

278,829,105

10.3. Projected Cash Flow Statement

PROJECTED CASH FLOW STATEMENT

Const. Year Year 1

Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Operating activities
Net profit
1,520,456
5,351,501
12,470,765
20,859,667
26,027,843
29,382,226
32,705,333
36,362,824
40,385,867
Amortization (Preoperational Expenses)
151,100
151,100
151,100
151,100
151,100
0
0
0
0
Depreciation
522,572
522,572
522,572
522,572
522,572
522,572
522,572
522,572
522,572
Up-front insurance payment (261,286)
26,129
26,129
26,129
26,129
26,129
26,129
26,129
26,129
26,129
Equipment and spare part
inventory
(2,092)
(105)
(110)
(115)
(121)
(127)
(133)
(140)
(147)
(155)
Accounts receivable
(16,058,126)
(2,768,422)
(3,379,546)
(3,747,278)
(4,274,673)
(3,022,805)
(3,325,085)
(3,657,593)
(4,023,353)
Stocks-RM
(3,951,360)
(493,920)
(533,434)
(575,664)
(914,839)
(646,922)
(711,614)
(782,775)
(861,053)
(947,158)
Accounts payable
8,297,856
1,037,232
1,120,211
1,208,894
1,921,161
1,358,535
1,494,389
1,643,828
1,808,211
Cash provided by
operations
(4,214,738)
(6,034,038)
3,786,568
10,335,451
18,106,124
23,727,082
27,554,910
30,640,422
34,036,560
37,772,113
Financing acivities
Long term debt principal
repayment
(1,028,795)
(1,193,403)
(1,384,347)
(1,605,843)
(1,862,777)
0
0
0
0
Add: buliding rent expense
1,800,000
1,980,000
2,178,000
2,395,800
2,635,380
2,898,918
3,188,810
3,507,691
3,858,460
Building rent payment
(1,800,000)
(1,980,000)
(2,178,000)
(2,395,800)
(2,635,380)
(2,898,918)
(3,188,810)
(3,507,691)
(3,858,460)
(4,244,306)
Adition to debt
7,075,165
Issuance of share
7,075,165
Running Finance
Repayment
(7,242,833)
(4,847,668)
0
0
0
0
0
0
Cash provided by/ (used
for) financin
12,350,331
(1,208,795)
(8,634,236)
(6,449,815)
(1,845,423)
(2,126,315)
(289,892)
(318,881)
(350,769)
(385,846)
Total
8,135,593
(7,242,833)
(4,847,668)
3,885,637
16,260,701
21,600,767
27,265,018
30,321,541
33,685,791
37,386,267
Investing activities
Capital expenditure
(5,981,220)
Cash (used for)/ provided
by invetsin
(5,981,220)
Cash balance brought
forward
0
2,154,373
2,154,373
2,154,373
6,040,009
22,300,710
43,901,477
71,166,496
101,488,037
135,173,827
Net Cash
2,154,373
(5,088,461)
(2,693,295)
6,040,009
22,300,710
43,901,477
71,166,496
101,488,037
135,173,827
172,560,094

Rs
`000'
Year 10
44,808,110
0
522,572
26,129
(162)
(4,425,688)
10,418,737
1,989,032
53,338,729

0
4,244,306
(4,668,736)

0
(424,431)
52,914,298

172,560,094
225,474,392

11.KEY ASSUMPTIONS
Machinery Assumptions
Number of Machines Installed
Installed capacity
Initial year capacity utilization
Maximum capacity utilization
Capacity utilization growth rate
Defective garment rate (of total finished garments)
Total Production per day

32
100%
70%
90%
5%
2%
1000

Operating Assumptions
Shifts operational per day
1
Hours operational per shift
8
Days operational per year
300
Economy-Related Assumptions
Electricity growth rate
Wage growth rate

10%
10%

Cash Flow Assumptions

Accounts Receivable cycle (in days)
Accounts payable cycle (in days)
Raw material inventory (in days)
Equipment spare part inventory (in days)

45
30
15
30

Raw Material Assumptions

Raw material cost growth rate (Year 1-4)
Raw material cost growth rate (Year 5-10)
Washing cost
Washing cost growth rate

5%
10%
Rs. 30
5%

Revenue Assumptions
Defected garment sales price
Sales Price growth rate

Rs. 150
10%

Expense Assumptions
Administrative overhead (% of Sales)
Office expenses (stationery, entertainment etc)
Freight expense
Machine maintenance (per month)
Machine maintenance growth rate
Pre-paid building Rent (months)
Pre-paid insurance (months)
Admin and Factory overhead
Insurance rate (% of net fixed assets)
Spare part inventory
Rent growth rate
Tax rate

1%
20% of admin expense
1% of raw material
5% of machinery cost
5%
12
12
0.75% of revenue
5%
0.05% of machine cost
10%
30.90%

Financial Assumptions
Project life (years)
Debt
Equity
Interest rate on long-term debt
Interest rate on short term debt
Debt tenure (years)
Debt payments per year
Discount rate (weighted avg. cost of capital for NPV)

ANNEXURE 1: RAW MATERIAL & MACHINERY SUPPLIERS

MACHINERY SUPPLIERS
1Om Sai Suneet Overseas
Mr. Suneet Kumar (Business Director)
B-167, Ground Floor, Karampura, New Moti Nagar
Delhi - 110015, India
2.Nido Machineries Pvt. Ltd.
311, Wadala Udyog Bhavan Naigaum Cross Road, Wadala,
Mumbai - 400031, Maharashtra
3.Gabbar Industries Private Limited
Plot No. 3606, 1, Krishna Industrial Estate, Vatva G.I.D.C., Phase- 4 ,
Ahmedabad - 380001, Gujarat

10
50%
50%
14.50%
14.00%
5
1
20%

4.Macro Agencies Private Limited

No - 38- A 2, Doddanakundi, Industrial Area, Whitefield Road, Mahadevapura,
Bengaluru - 560048, Karnatakawww.macroagencies.in
5.M/s. Erhardt Leimer India Ltd.
43, Dr. V. B Gandhi Road,
Mumbai-23
6.M/s. Eastern Engineering Co.
Jeevan Udyog, II Floor,
278, Dr. D. N. Road,
Fort, Mumbai
9. M/s. Srirang Equipment

RAW MATERIAL SUPPLIERS

M/s. Rajeswari Textiles Limited
Raja Street, NH Road,
Kalbadevi Market, Mumbai
2. M/s. Mettur Beardsell Limited
Bombay Mutual Building, III Floor,
NSC, Bose Road,
Chennai-600 001
3. M/s. Vardhaman Threads
Mahavir Spg. Mills Ltd.,
Chandigarh Road,
Ludhiana-141 011
4. M/s. K. G. Denims Limited
Narsihamaicken Palayam,
MTP Road, Coimbatore
5. M/s. Aravind Clothing Mills Ltd.
Ahmedabad.