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Today Date : Friday, May 24, 2024

Dollar Industries Limited unveils Vision 2025

Dollar Industries Limited unveils Vision 2025

Dollar Industries Limited, a hosiery brands announced its Vision 2025 and unveiled a special logo to mark their 50th Year.

The Special Logo was unveiled by Mr. Din Dayal Gupta, Founder & Chairman Emeritus, Dollar Industries Limitedin the presence ofMr Vinod Kumar Gupta, Managing Director, Dollar Industries Limited. Dollar Industries Limited, which began its journey in 1972 as Bhawani Textiles, now holds 15% market share of the branded hosiery segment in India.As a part of its Vision 2025, Dollar has earmarked Rs 120 crore   for expansion and new launches.

According to an official communication from the company, Dollar would be adding one more spinning mill in Dindugul and start a new world class warehousing facility cum Hosiery Park at Jagdishpur in West Bengal which would act as a centralised despatch centre easing out logistics, enhancing economy of scale, rationalisation of staff and output and facilitating faster delivery. 

As a part of the company’s Green Mission initiative, the existing 4 MW Solar Power Plant will be increased by 2MW unit taking it up at 6MW. The company would open 125 Exclusive Brand Outlets, mostly in Tier 2 & Tier 3 cities, by 2025. Dollar, today, also unveiled their 50 year special advertising campaign featuring, brand ambassador, Mr Akshay Kumar, with whom it shares a decade old association.