Branded activewear manufacturer TechnoSport plans to expand its production capacity to 40 tonnes, equivalent to approximately 1.5 lakh garment units per day, over the next six months.
The company operates an integrated manufacturing facility at Perundurai in Erode district, near the Tiruppur industrial cluster, with support from the Centre’s production-linked incentive (PLI) scheme for textiles. TechnoSport manufactures more than 90% of its fabrics in-house, covering knitting, dyeing, processing of man-made fibres and design activities, while garment production is carried out through partner facilities.
Sunil Jhunjhunwala, managing director and co-founder of TechnoSport, said the company remains focused on offering comfort-driven products at affordable price points. He projected revenue to reach Rs 1,000 crore in the current financial year, compared with Rs 600 crore in the previous year.
Referring to the impact of the PLI program, Jhunjhunwala said it has accelerated the company’s expansion and strengthened its focus on technical textiles. He added that TechnoSport’s strategy continues to be centered on engineered design, technical textiles and fabric modifications.
TechnoSport, which previously operated as a family-held business network, received a $20 million capital infusion in 2024 from private equity firm A91 Partners, industrialist KM Subramanian, and other investors.
The company is also considering access to public markets and is expected to pursue that route within the next five years.
According to CEO Puspen Maity, TechnoSport is implementing an omnichannel distribution model that includes its exclusive brand outlets to support future growth. He said supply capacity remains the primary limitation and projected annual capacity expansion of 40% to 50%.
“What we are witnessing is a fundamental, post-COVID generational shift where consumers are heavily prioritizing everyday comfort,” Maity said. “Capitalizing on this momentum, we have strategically positioned our brand to offer premium technical activewear at highly disruptive price points as it allows us to tap a significantly wider addressable market across diverse geographies, including in tier 2, tier 3, and smaller towns across India.”
While the company currently has limited international operations, it plans to increase export revenue next year, with an initial focus on the Middle East and Southeast Asia markets.