Kitex brands to be sold through Walmart, Target in US

Kitex, incorporated in 1992, entered the US market as a supplier to mass market brand Gerber

Kitex Garments, a Kerala-based infant garments maker, has made inroads with Walmart, Target and some other US retail giants. Its two brands will be sold through the network of these retailer chains' networks and it expects to clock $50 million annually from that market in two years.

The BSE-listed entity says it aims to become the largest infant clothing brand in the country by the end of this financial year, doubling its annual turnover to Rs 1,000 crore by 2020.

Sabu Jacob, chairman and managing director, said they'd invested $1 million in Kitex USA, their arm in that country. Another Rs 240