We recently met the management of SP Apparels (SPAL) to understand the opportunities in the Indian garmenting sector and how SPAL is poised to capture the same. Established in 1989, SPAL is a leading manufacturer and exporter of knitted garments for infants and children in India. It mainly operates in two business verticals, including manufacturing, export of knitted garments for infants, children wear, which contributes ~90% and retailing, which contributes 10% of its overall revenues (as on H1FY18). SPAL has established expertise in 0-8 year kidswear segment...