RCG to concentrate more on domestic market

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Bangalore, Oct 24 (UNI) The Tirupur-based Royal Classic Group (RCG), leading garment manufacturers in the country, proposes to concentrate more on domestic market, RCG ED R Sivaram said today.

Talking to reporters here, he said domestic market offered more potential to the company, while appreciation of rupee against Dollar had made exports less lucrative. Last year, the company's business included 50 per cent in export. But, it may soon become 75 per cent domestic and 25 export, he said.

''In India retail segment is booming and company with its 'Polo' T-shirts has already created a brand name. We want to continue to make further inroads into the trouser market'', he said.

Taking the male fashion renaissance a step further, Royal Classic Group (RCG), today launched India's first ever signature auto-fit trousers 'Zero Press'.

The company with 44 stores spread out in South and East now, would be increased to 100 with an investment of Rs eight crore by March, 2008. RCG would come out with Denim jeans next year.

Stating that the company had its presence in Singapore and the UAE, besides export of garment to the USA and Europe, he said permission for setting up four more stores was on the pipeline.

UNI

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