Venus Fibers Ltd. analyze this embroidery thread market as highly unorganized market and having unbelievable exponential growth in the demand of Embroidery thread. In India this business is highly concentrated in Gujarat and particularly in Surat City which is the hub of textile industry, As to analyze the embroidery thread market Surat covers 80% of embroidery thread market of India, Surat has only 3000 to 4000 Embroidery Machine in the year 2004 has gone upto 90000 – 100000 Embroidery Machine now in Surat City and which supplies embroidery textile to entire Indian market, As to analyze our product usage in embroidery thread machine, per machine utilize average 24 cones approx. which means in 2004 it was per day usage of lacs cones per day which has gone upto 32
lacs cones per day out of which we supply almost 1,20,000 cones per day and having introduce the latest machinery we will be able to supply 2 lacs cones per day. In last 3 years this market has grown to 10 times of their size and Venus Fibers Ltd. has also grown simultaneously. As Venus Fibers Ltd. position it self in this fashion market as visualizing great future in a coming years as it is growing in the rapid speed to maintain their position and expand business. Venus Fibers Ltd. has planned to start their sales depo in the future.