Increased focus on cotton and cotton-blended products in order to decrease dependence on seasonal products: Monte Carlo, an established and leading brand in the largely unorganised woollen apparel market of $2.3 Bn, grew at a CAGR of ~ 16% over FY12-15. With better product mix and diversified product range, the company's efforts to diversify from seasonal products to cotton and cotton blended products, on the back of strong distribution network, we expect the revenues to grow by 13% CAGR for FY15-FY17E.