VKC doubling PU footwear capacity in Dhaka
VKC Group plans to double capacity at its plant in Bangladesh. Currently, the company operates 20 polyurethane footwear plants. In total, 17 are spread across 10 Indian states and three are overseas. Two of the overseas plants are located in Sri Lanka and Bangladesh.
The group’s chairman Abdul Razak said, “We are now expanding the Dhaka plant, doubling capacity from 10,000 to 20,000 pair/ day by adding one more line.”
Currently, all non-indian plants have capacity of 10,000 pairs per day of PU footwear.
Based in Kerala’s Calicut, VKC Group started business making rubber sleepers before moving to PVC- and Eva-based footwear.
“We introduced PU based footwear in 2007 and 80 percent of our footwear range is PU based,” he said.
He added, “We are growing 25 percent CGAR from the last decade. Our success lies in making affordable PU footwear which an ordinary person could buy. Prices can be as low as ` 150.”
Currently, VKC operates PU 60 production lines at 17 footwear plants. These are spread from in in Kerala, Tamil Nadu Karnataka, Andhra Pradesh, in the south of India; Gujarat, in the west; West Bengal and Assam in the east; and Madhya Pradesh in the center of the country; and, Haryana and Uttar Pradesh in the north.