Co-optex does Rs 315 crores sales

Co-optex has recorded sales of Rs 315 crores during 2016-17.

In a bid to increase sales, the society has initiated several steps including setting up of new outlets across Tamil Nadu.

Set up in 1935, Co-optex currently has 194 outlets across the country.

Co-optex is based in Tamil Nadu and has showrooms across the state and also in select cities, including New Delhi, Jaipur, Mumbai and Panaji. Silk and cotton saris and dhotis are among the products sold by Co-optex.

The chain has revived near-extinct weaves and existing traditions have received a shot in the arm through innovative yarn permutations and designs that qualify as timeless classics.

In December 2014, its online portal was inaugurated. Currently the site holds the distinction of generating the highest revenue among all textile cooperative society sites.

The chain has tailored mix and match kurtas for women and linen shirts for men, running material, home furnishings and linen-cotton blend saris.

The group also runs textile trains. Last year, two textile trains, to Sirumugai and Chettinad, were flagged off. This year, five trains are planned. These trips open up to textile aficionados the processes, realities and toil involved in handloom weaving.

Co-optex sold handloom and power loom products worth Rs 313.38 crores during 2015-16.