Fabindia, Manyavar emerge as India's most profitable apparel companies

Ethnic retail chains Fabindia and Manyavar have emerged as the country’s most profitable apparel companies by avoiding discounts, staying away from prime real estate and making products in-house in a market. However, both Fabindia and Manyavar have over the years expanded across India and are now finding acceptance even among younger consumers, a new development in a category restricted to older buyers.

Source: http://articles.economictimes.indiatimes.com/2014-12-26/news/57420421_1_crore-apparel-ethnic-wear-brand

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