Delhi-based Bhushan Apparels and Bhushan Textile Corporation is providing a comprehensive range of products for a wide range of industries, including Cotton trousers, Formal trousers, shorts, and RFD cotton denim. Textile South Asia talked with Shobhit Bhusan, Director at Bhushan Apparels and Bhushan Textile Corporation to find out what his company is doing to remain competitive in such a challenging market.
Textile South Asia – Tell us a brief description of your company and what does the company do?
Shobhit Bhushan – We at Bhushan Apparels are manufacturers of our own brand label ‘Fluidic’ categorically making Men bottom apparel which includes Cotton trousers, Formal trousers, shorts, RFD cotton denim. We have been operating since 2013 and catering to various B2B enterprises, and retail chain stores apart from direct selling to our appointed dealers pan India. The fabrics used in our garments include Cotton, cotton blends, linens, polyester, viscose, spandex fibre, and more. Apart from our second company Bhushan Textile Corporation: we are dealing in the trading of textiles and fabrics to the B2B market.
Textile South Asia – Currently, what is the product range offered under the Bhushan Apparels and Bhushan Textile Corporation?
Shobhit – Bhushan Apparels is currently engaged in making trousers and bottoms with a starting wholesaling range of 350 INR up to 800 INR.
Textile South Asia – What type of products do you serve for the Indian market?
Shobhit – Our niche product is Cotton and cotton blend trousers that are manufactured while taking utmost care and fabricated taking every single detail into account to create every product a Masterpiece and deliver the same to our customers. India being a Cotton producing hub and a warm country simultaneously at most the times round the year, gives us a huge advantage and scope of the market.
Textile South Asia – Which machines you are using for manufacturing?
Shobhit – Some of the basic machines used in the process are
- Cutting machine
- Juki sewing machines
- Five-thread interlocking machine
- Pasting machine
- Embroidery machine
- Steam press tables with boilers
- Bartack machine
- Eye buttonhole machine
- Eyelet machine.
Textile South Asia – How was your company’s performance in FY21-22?
Shobhit – Well the company has been continuously growing and closed a turnover of around 5.70 crores in the FY 21-22 for Bhushan Apparels. And we closed 3.93 crores for Bhushan Textile Corporation.
Textile South Asia – How is the textile market at present(in India as well as globally)?
Shobhit – The textile market in India is a little unstable as of now due of crop pricing and unstable demand and supply due to various global economic aspects. Prices have been swinging radically since 2021 and global demand is unsecured because of the same. In India, however much of the demand is dependent on various seasonal and regional festivals that determine the consumption level.
Textile South Asia – What are the future growth and expansion plans for Bhushan Apparels and Bhushan Textile Corporation?
Shobhit – Bhushan apparels – In FY ending 2022-2023 we are closing our turnover for around 8.5 crores which is 140 % growth, apart 2024 is expected to give us good results and we are hopeful to close somewhere around 15 crores in turnover which again will be around 200 % of growth. Bhushan textile corporation: by the end of FY 2022-2023 we are closing at around 8 crores in turnover. Apart FY 2023-2024, we are expected to closed nearly 12 crores in revenue.
Textile South Asia – Outlook for 2023?
Shobhit – 2023 is bringing in a new set of challenges amid the global recession. Already the world have come across 2 tough years of surviving covid. Perhaps forecasting about the apparel industry we see challenges as well as opportunities in India. Challenges in terms of stability of prices which is mostly dependent on cotton crop and production and also on Exim policies narrated from time to time. Opportunities in terms that Govt is providing commendable support of MSMEs and encouraging entrepreneurs to make sell and market Indian products on global platforms. Also negative sentiments and non-preferential choice of countries like China is definitely going to benefit India if taken care.
