Samsonite to expand manufacturing, warehouse capacity.

Samsonite International, the leading luggage brand, is scouting for a 4 lakh sq ft warehouse as it attempts to enhance market reach and ramp-up capacity.

As a stop gap arrangement, the company has tied-up with a third-party warehouse provider near its factory.

Moreover, the project to increase hard luggage manufacturing capacity at its Nashik plant in Maharashtra to 7.5 lakh pieces a month from 5 lakh pieces a month, will also be completed next July.

With utilisation of current manufacturing capacity inching closer to optimal level, Samsonite announced capacity expansion in January, entailing investments of ₹160 crore to ramp up its monthly capacity to 7.5 lakh units catering to both domestic and export markets.

The company is also expanding the network of retail stores to 600 by the end of this year.

HBL