Retail in Asia

In Sectors

India’s Gokaldas Exports adopts new strategy to stay afloat

India’s largest apparel exporter, Bangalore-based Gokaldas Exports, which has been posting losses quarter after quarter, is adopting new tactics to counter the negative trend.

From addressing the labour shortage in the city by moving capacity to tier-2 towns and striving for better pricing from buyers, to investing in technology, product development and modernisation, the company is looking at various strategies to achieve a fast turnaround in its fortunes.