Thanks for your reply. Yes for sure We have to wait for better numbers. And for their Association with FIFA, to be honest I have no idea how they got the license. But what I feel that FIFA World cup 2014 should be a turning point of this company.
"According to Pawan Agarwal, the chairman and managing director of Suditi Industries, the licensing rights for the World Cup merchandise were acquired for the sum of guarantee money of Rs. 60 Lakh and his company has manufactured about 2.5 lakh pieces of FIFA T-shirts, sweat shrits, boxers, polos, tracksuits making an investment of Rs. 5 Cr on the merchandise which includes the amount paid for the third party licensing and manufacturing rights.
Pawan Agarwal believes that the FIFA licence will open new vistas for him and in future the company may embark on similar deals with leading football clubs around the world.
He said his company was also manufacturing licensed apparel for well known names like Master Golf Course, US Open Tennis and Yankees".
The new contracts with reputed clubs will ensure steady revenue growth in future and will open more opportunities. What I feel that they are aiming to become a Specialist in Sport wear Garments Segments.