Some facts about Monte Carlo

 Following are some of the facts about Monte Carlo as mentioned in the interview with CNBC TV18. Some reason to buy Monte Carlo on the listing day.

• Have already invested 133cr in last 2 yrs

• Construction of building and machinery

• No major capex plan for next few year

• Clothing require less capital as it is labour intensive industry

• Monte carlo has in house design studio

• They also outsource the production work in Mumbai & Ludhiana

• Focus on marketing

• Focus finding vendor who can make garment of good quality

• 60% market share in mid-premium segment

• Winter wear can grow at 9%, currently it is $2.3billion and will become $5billion

• 18% woolen growth

• 30% cotton growth

• appointed distributor in west and south India