Aquarelle India, which currently has four units in Bangalore, now plans to build a new unit outside the metro. The company aims to invest Rs 100 crores in the current financial year to open new units. As a part of CIEL, formerly known as Deep River Investment (DRI), Aquarelle plans to set up new unit over 5.5 acres area, which will have 850 buttonhole sewing machines.
The company currently has production capacity of producing 3.5 million shirts per year and aims to double capacity within two years. Catering to brands like Diesel, CK, Tommy, Esprit and Ben Sherman it also wants to invest in the design-to-deliver concept.
The company , which now wants to move production to labour-intensive areas, expects the government to create training centres in rural areas, for the apparel industry. The company also has units in Mauritius producing around 2.5 million shirts per year with major exports to the US-based labels like J Crew, Dillards, Eddie Bauer, Joseph Abboud and Men’s Wearhouse, among others. It also has the capacity of producing three million units in Madagascar with one factory in Antananarivo and another in Antsirabe.
