Page Industries

Last updated

Page Industries
Company type Public
Founded1994 (1994)
Headquarters,
India
Key people
RevenueDecrease2.svg4,601 crore (US$550 million) (FY24) [2]
Decrease2.svg569 crore (US$68 million) (FY24) [2]
Number of employees
22,564 (including 3,103 contractual employees) (March 2024 [3] )
Website pageind.com

Page Industries Limited is an Indian manufacturer and retailer of innerwear, loungewear and socks, headquartered in Bangalore. [4] It is the exclusive licensee of Jockey International in India, Sri Lanka, Nepal, Bangladesh, the United Arab Emirates, Oman, Qatar, Maldives and Bhutan. [5] In 2011, it licensed Speedo swimwear from Pentland Group for India and Sri Lanka. [6]

The company was founded in 1994 by Sunder Genomal and his brothers Nari and Ramesh, and together they hold a 54% stake in it. It has 14 operational manufacturing plants in India- 5 in Bangalore, 3 in Hassan, 2 in Mysore and 1 each in Tiptur, Gauribidanur,Tiruppur and K.R. Pet as of March 2024. [7]

Related Research Articles

<span class="mw-page-title-main">Sri Lanka</span> Island country in South Asia

Sri Lanka, historically known as Ceylon, and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian peninsula by the Gulf of Mannar and the Palk Strait. It shares a maritime border with the Maldives in the southwest and India in the northwest.

<span class="mw-page-title-main">Economy of Sri Lanka</span>

The mixed economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 and $296.959 billion by purchasing power parity (PPP). The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers. This growth was driven by the growth of non-tradable sectors, which the World Bank warned to be both unsustainable and unequitable. Growth has slowed since then. In 2019 with an income per capita of 13,620 PPP Dollars or 3,852 (2019) nominal US dollars, Sri Lanka was re-classified as a lower middle income nation with the population around 22 million (2021) by the World Bank from a previous upper middle income status.

<span class="mw-page-title-main">Tamils</span> Dravidian ethnolinguistic group

The Tamils, also known as the Tamilar, are a Dravidian ethnolinguistic group who natively speak the Tamil language and trace their ancestry mainly to the southern part of the Indian subcontinent. The Tamil language is one of the longest-surviving classical languages, with over two thousand years of written history, dating back to the Sangam period. Tamils constitute about 5.7% of the Indian population and form the majority in the South Indian state of Tamil Nadu and the union territory of Puducherry. They also form significant proportion of the population in Sri Lanka (15.3%), Malaysia (7%) and Singapore (5%). Tamils have migrated world-wide since the 19th century CE and a significant population exists in South Africa, Mauritius, Fiji, as well as other regions such as the Southeast Asia, Middle East, Caribbean and parts of the Western World.

<span class="mw-page-title-main">Sri Lanka national cricket team</span> Cricket team

The Sri Lanka men's national cricket team, nicknamed The Lions, represents Sri Lanka in men's international cricket. It is a full Member of the International Cricket Council (ICC) with Test, One-Day International (ODI) and T20 International (T20I) status. The team first played first class cricket in 1926–27 and became an associate member of the ICC in 1965. They made their international debut in the 1975 Cricket World Cup and were later awarded the Test status in 1981, which made Sri Lanka the eighth Test cricket-playing nation. The team is administered by Sri Lanka Cricket.

<span class="mw-page-title-main">Foreign relations of Sri Lanka</span>

Foreign relations of Sri Lanka refers to the diplomatic and commercial relations between Sri Lanka and other countries. Sri Lanka has stressed its principle of "friendship towards all, enmity towards none" in its diplomacy.

<span class="mw-page-title-main">Kempegowda International Airport</span> International airport serving Bangalore, Karnataka, India

Kempegowda International Airport is an international airport serving Bangalore, the capital of Karnataka, India. Spread over 4,000 acres (1,600 ha), it is located about 35 km (22 mi) north of the city near the suburb of Devanahalli. It is owned and operated by Bengaluru International Airport Limited (BIAL), a public–private consortium. The airport opened in May 2008 as an alternative to increased congestion at HAL Airport, the original primary commercial airport serving the city. It is named after Kempe Gowda I, the founder of Bangalore. Kempegowda International Airport became Karnataka's first fully solar powered airport, developed by CleanMax Solar.

<span class="mw-page-title-main">Indian Hotels Company Limited</span> Hotel hospitality company

The Indian Hotels Company Limited (IHCL) is an Indian hospitality company that manages a portfolio of hotels, resorts, jungle safaris, palaces, spas and in-flight catering services. The company is part of India's Tata Group. IHCL was founded in 1902 by Jamsetji Tata and is headquartered in Mumbai where its flagship hotel Taj Mahal Palace Hotel is also located. The company's hotel chains include Taj, SeleQtions, Vivanta, and Ginger.

<span class="mw-page-title-main">Shiva Rajkumar</span> Indian actor (born 1962)

Shiva Rajkumar is an Indian actor, film producer and television presenter who predominantly works in Kannada cinema. In a career spanning over three decades, he has worked in over 125 films in Kannada and has received several awards, including four Karnataka State Film Awards, four Filmfare Awards South and six South Indian International Movie Awards.

Stuart Terence Roger Binny is an Indian former international cricketer, who had played One Day Internationals, Twenty20 Internationals, and Tests. He played for the Rajasthan Royals in the Indian Premier League. On 30 August 2021, Binny announced his retirement from all formats of cricket.

<span class="mw-page-title-main">Jubilant FoodWorks</span> Indian restaurant company

Jubilant FoodWorks Limited is an Indian food service company based in Noida, which holds the master franchise for Domino's Pizza in India, Nepal, Sri Lanka and Bangladesh, for Popeyes in India, Bangladesh, Nepal, and Bhutan, and also for Dunkin' Donuts in India. The company also operates two homegrown restaurant brands called Ekdum! and Hong's Kitchen. Jubilant FoodWorks is a part of the Jubilant Bhartia Group, owned by Shyam Sunder Bhartia and Hari Bhartia.

<span class="mw-page-title-main">KL Rahul</span> Indian cricketer (born 1992)

Kannur Lokesh Rahul is an Indian international cricketer who plays for the Indian national team. A right-handed wicket-keeper batter, he plays for Karnataka in domestic cricket and captains Lucknow Super Giants in the Indian Premier League.

<i>Bangalore Days</i> 2014 film directed by Anjali Menon

Bangalore Days is a 2014 Indian Malayalam-language coming of age romantic comedy-drama film written and directed by Anjali Menon, and produced by Anwar Rasheed and Sophia Paul under the banner Anwar Rasheed Entertainments and Weekend Blockbusters. The film features an ensemble cast of Nazriya Nazim, Nivin Pauly, Dulquer Salmaan, Fahadh Faasil, Parvathy Thiruvothu, Isha Talwar and Paris Laxmi, with Nithya Menen in a cameo appearance.

<span class="mw-page-title-main">Indian Oil Corporation</span> Indian integrated energy company

Indian Oil Corporation Limited, trading as IndianOil, is an Indian multinational oil and gas company under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. Registered in Mumbai but headquartered in New Delhi, it is a public sector undertaking whose operations are overseen by the Ministry of Petroleum and Natural Gas. Indian Oil is ranked 94th on the Fortune Global 500 list of the world's biggest corporations as of 2022. It is the largest government owned oil producer in the country both in terms of capacity and revenue. It has consolidated refining capacity of 80.55MMTPA which it intends to increase to 107MMTPA by 2024-25. As of 31 March 2021, Indian Oil's employee strength is 31,648, out of which 17,762 are executives and 13,876 non-executives, while 2,776 are women, comprising 8.77% of the total workforce. As On 31.3.2024 IOC Employed 30,321 Employees. Out Of Which Executives Account 18,570 & Non Executives Account 11,751.

<span class="mw-page-title-main">Wanindu Hasaranga</span> Sri Lankan cricketer

Pinnaduwage Wanindu Hasaranga de Silva, better known as Wanindu Hasaranga, is a professional Sri Lankan cricketer and former T20I captain served as 13th captain in Sri Lanka Cricket. He resigned as the captain on 11th of July 2024. The reason for the resignation suggests due to his poor captaincy and performance in the T20 World Cup 2024. He plays for the Sri Lanka cricket team in white ball cricket as a Bowling All rounder. He is a Right-arm Googly bowler. Even though googly is a variation of a traditional Leg Spinner, Wanindu use googlies all the time rarely he bowls a Leg break, His main stock delivery is googly and he has a additional variation of Leg spin. Hasaranga made his international debut for Sri Lanka in July 2017. His elder brother, Chaturanga de Silva, has also represented the national team. Hasaranga made history when he took the first ever hat-trick for Sri Lanka in a T20 World Cup during the 2021 edition of the tournament, and being the first Sri Lankan on an ODI debut to take a hat-trick. He is regarded as one of the best bowlers in the T20 format

<span class="mw-page-title-main">Lanka Premier League</span> Sri Lankan cricket tournament

The Lanka Premier League is a professional franchise cricket league established in 2020 in Sri Lanka. Matches are played using the Twenty20 cricket format by five teams named after Sri Lankan cities. The league was intended to commence in 2018, but repeatedly postponed by Sri Lanka Cricket (SLC). The inaugural edition took place in 2020 amidst the COVID-19 pandemic.

Devdutt Padikkal is an Indian international cricketer who has represented the Indian cricket team. He plays for Karnataka in domestic cricket and the Lucknow Super Giants in the Indian Premier League (IPL). He made his India debut in July 2021 in a T20I against Sri Lanka. He has also played for the India under-19 team.

Sunder "Ashok" Genomal is a British-Indian businessperson, billionaire and MD of Page Industries, a Bangalore-headquartered garment company, founded in 1994. His company, Page Industries is one of the largest licensees in the world for underwear maker Jockey. As of 2019, Genomal has been ranked by Forbes as the 73rd wealthiest Indian, with an estimated net worth of approximately $1.9 billion. He was named the Ernst & Young Entrepreneur of the Year Award in 2017.

The 2024 Sri Lankan presidential election is scheduled to be held on 21 September 2024, where voters will choose a president for a five-year term. Incumbent President Ranil Wickremesinghe is seeking re-election as an independent candidate, making him the first sitting president to run for re-election since Mahinda Rajapaksa in 2015.

References

  1. "Sunder Genomal's Brief History of Success". Forbes India. Retrieved 8 September 2020.
  2. 1 2 Bhalerao, Mayur (25 May 2023). "'Jockey' maker Page Industries' net halves". mint. Retrieved 26 May 2023.
  3. "Page Industries AR 2023-24" (PDF). Retrieved 17 August 2024.
  4. "Jockey: What lies beneath". fortuneindia.com. Retrieved 8 January 2021.
  5. "Page Industries to invest ₹290 crore in Telangana". The Hindu Businessline. 17 November 2022. Retrieved 11 December 2022.
  6. "The 'inner' secret to success- Business News". businesstoday.in. Retrieved 8 September 2020.
  7. "Page Industries Ltd. AR 2023-24" (PDF). Retrieved 17 August 2024.