Sabare in talks with Pantaloon

SUPPLYING to Wal-Mart was the takeoff point for Karur-based textile company Sabare International. From being just a vendor company, Sabare is in the process of consolidating its business. It is now engaged in preliminary discussions with Kishore Biyani-owned Pantaloon group to popularise the concept of store-withinstores for home textile products in the domestic arena. Sabare International is moulding its business plan to reach the Rs 1,000-crore turnover mark by 2010. It is aiming to take its turnover, currently at Rs 372 crore, to the half-way mark by March, its CEO Susindran told ETon Thursday. The company’s retail partnering exercise has gained recognition as a reputable vendor. Its supply chain system at Atlanta and Phoenix in the US, was managed by a small six-member team in 2000. Today, of its total 2,000-plus people strength, 320 belong to the US operations alone. At Karur, the company’s plant capacity is 40-million meters, catering to a wide-range of textile products, from bedding to floor covering, window treatment to pillows, Mr Susindran said. Three years ago, Sabare established a carpet-making facility spread over 22 acres in Panipet. It also has a unit spread over seven acres at Allepey in Kerala. “Global retailers are increasing their sourcing of home furnishing products from India. Our mission is to transform ourselves into a vertically-integrated producer of high-end textile items and become a total retail solution provider. We are integrating production with supply chain management,” he added.

Courtesy: EconomicTimes