Textile & Apparel · Business Support Services
Challenge
A mid-sized garment manufacturer identified a strategic opportunity to expand operations and capture growing export demand. However, the company faced challenges in accessing growth capital, optimizing its cost structure, and navigating export incentive schemes. Additionally, their existing operational setup was not structured to scale efficiently.
Solique’s approach
Solique designed a comprehensive growth strategy encompassing financial restructuring, operational optimization, and incentive maximization. We facilitated access to export credit facilities, restructured the entity to optimize indirect tax benefits, guided the company through export promotion schemes (including duty drawback and MEIS), and implemented robust financial controls and MIS systems for scaling.
Outcome
The company successfully expanded production capacity by 60%, secured ₹120 crore in working capital financing at favorable terms, and achieved a 23% reduction in effective tax rate through strategic restructuring and incentive utilization. Export revenues increased by 140% within 18 months, establishing the company as a preferred supplier to major international brands.