Page Industries is embarking on a series of strategic expansion and investment initiatives designed to meet the evolving demands of the market. Despite challenging conditions, the company is pressing forward with significant projects aimed at enhancing capacity, efficiency, and sustainability across various operational verticals.
Page Industries’ Odisha Project, set to be one of the largest in the industry, is nearing completion and is expected to be ready by the end of FY’25. Spanning 28.5 acres with a built-up area of 6.5 lakh sq. ft., the project includes facilities for Central Stores, Cut-to-Pack, and Elastics & Socks manufacturing. This development supports top-tier vertical growth and emphasizes employee wellbeing and safety. It incorporates best-in-class manufacturing processes and aims for energy-efficient IGBC certification, underscoring Page Industries’ commitment to sustainability and excellence.
The expansion of socks manufacturing is complete, with all newly procured machines ready for operation. With the addition of 215 new knitting machines, the total capacity has reached 576 machines, making it one of the largest in India for socks production. This expansion significantly enhances the brand’s aggressive growth strategy in this segment.
In response to challenging market conditions and static demand, Page Industries has strategically aligned its capacities. Capital-intensive expansion projects have been approved based on current supply needs. Looking ahead, FY’25 appears poised for market recovery, and projects initially planned for FY’25 are proceeding as scheduled. The company is preparing to meet the anticipated demand through a combination of in-house capacity and selective outsourcing.
The tape dyeing unit expansion of 35,000 sq. ft. in Hassan was completed as planned; machines were ordered on time, and the unit is scheduled to commence operation by Q1 of FY’25. This capacity will enhance the sampling and development potential of women’s elastic supply. Additionally, the ‘Cup Moulding’ and ‘Hook n Eye Forming’ projects have been completed and are ready for operation, aiming to enhance bra-making capabilities. Another project, Hook n Eye metal dyeing, is underway and may commence operation by Q1 of FY’25.
Page Industries’ Third Party Logistics (TPL) finished goods warehouses in Hoskote and Narsapura near Bangalore are operational. These state-of-the-art warehouses include multi-level storage facilities and an efficient warehouse management system. Moreover, a new e-commerce warehouse has been established in Delhi NCR to serve the North region.
The expansion of the premium vertical at KR Pete is underway, with plans for a new facility spanning 250,000 sq. ft. This development is designed to support both sew-to-pack and elastic manufacturing operations. The project is structured in two phases: the first phase will focus on sew-to-pack operations, targeted for completion by Q1 of FY’26, while the second phase will enhance elastic manufacturing capabilities, expected to be operational by FY’27.
Page Industries’ extensive expansion and investment initiatives underscore the company’s proactive approach to addressing market demands and positioning itself for future growth. With significant projects across various operational areas, the company is set to enhance its capacity, efficiency, and sustainability, ensuring it remains a key player in the industry. As these projects come to fruition, Page Industries is poised to meet the anticipated demand and continue its trajectory of innovation and excellence.
