KRG Consultant

Textile​

The Textile industry, one of the oldest industry of our nation, is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, while the capital-intensive sophisticated mills sector on the other end.

Most garment and textile manufacturers in India are facing severe pressure to reduce not just costs but also to improve the overall creativity & effectiveness of products. The pressure on costs is emanating from the gradual change in product mix of garment orders being received. Over time, garmenting orders have shifted from being for few garments in large volumes to a large variety of garments in smaller volumes. The twin pressures of increased variety of garments and low lead-times are making it necessary for textile and garmenting units to make fundamental changes in the way they operate.

Most manufacturers are not coping well with these demands; they are suffering from drop in output, poor delivery performance, and month-end skew in output of garments. These issues are further driving up costs and we add value to reduce the cost in following areas:

  • Purchase and sale of raw materials, finished products (yarn/cloth in grey stage processed cloth etc.) process materials, chemicals, dyes and rejected goods including scrap, etc.
  • Utilisation of plant facilities.
  • Supply of utilities.
  • Other Cost heads like administrative, technical, managerial and any other miscellaneous services

Our Solution

Our team of dedicated to Chemical Industry who have accounting and advisory expertise across the entire verticals. Coupled with our breadth of experience that goes well beyond our acclaimed audit and tax services, we encompass everything from proven business strategies to advanced technology.