### **Overview** Bhartiya International Limited is a diversified global enterprise headquartered in New Delhi, India, with operations spanning six countries—primarily across India, Italy, and China. Established in 1987, the company has evolved into a vertically integrated, design-led manufacturer and developer with core expertise in fashion manufacturing (apparel and accessories) and large-scale urban development. It serves over **150 global fashion brands**, including Calvin Klein, Ralph Lauren, Armani, Zara, AllSaints, Coach, Levi’s, and Tod’s, and operates under an agile, scalable, and asset-light business model. The company is structured around two major pillars: 1. **Bhartiya Fashion** – Encompassing four key divisions: Leather Garments, Textile Outerwear, Fashion Accessories, and Virtual Manufacturing. 2. **Bhartiya City** – An integrated smart city development in Bengaluru, housing residential, commercial, hospitality, and cultural infrastructure via the **Nikoo Homes** and **The Leela** brands. With nearly **three decades of industry leadership**, Bhartiya combines deep manufacturing experience with innovation, sustainability, and digital transformation to deliver end-to-end, customized fashion solutions and premium lifestyle ecosystems. --- ### **Core Business Segments** #### **1. Virtual Manufacturing Division** *Model:* Asset-light, design-driven, partner-factory-based network *Operational Focus:* Design, sourcing, branding, quality assurance, and supply chain integration without direct factory ownership - Operates on a **scalable, low fixed-cost model**, minimizing working capital exposure while enabling rapid scaling. - Leverages **3D design software and digital prototyping technologies** to reduce lead times, enhance speed-to-market, and respond efficiently to e-commerce and fast-fashion demands. - Expanded product categories into **knitwear and sleepwear**, primarily sourced from **Bangladesh**, complemented by strategic sourcing from **China** for competitive pricing and diversity. - Serves clients across **mass-market, high-street, premium, and entry-luxury segments**, with a growing presence in **South Korea** and other Asian markets. - Strengthens its value proposition through in-house **trend forecasting, consumer insights, and co-design capabilities**. - Continuously expanding its **vendor and factory partner network** across India, Bangladesh, and China to improve flexibility and responsiveness. - Plans to deepen relationships with existing retailers in the UK, Europe, and North America by expanding service offerings and increasing wallet share. #### **2. Fashion Accessories Division** *Product Range:* Leather & non-leather bags, belts, wallets, small leather goods *Clients:* Coach, Ralph Lauren, Tod’s SPA, and other European/North American luxury brands - Operates **optimized, automation-driven production facilities**, including a state-of-the-art plant in **Tada, Andhra Pradesh**, with an annual capacity of **over 1 million units**. - Building a **greenfield manufacturing facility** in Andhra Pradesh to support increasing demand from long-term partners. - Engaged in **strategic manufacturing partnerships**, including with **Coach**, and pursuing alliances with top-tier North American and European brands. - Utilizes **Original Design Manufacturing (ODM)** model supported by **in-house design studios in Milan and Chennai**, fostering innovation and trend integration. - Benefits from vertical integration via the Chennai tannery (sustainable leather sourcing) and skilled labor force. - Positioned to capitalize on the projected **$3.67 trillion global fashion accessories market by 2030**. #### **3. Textile Outerwear Division** *Focus:* Premium men’s and women’s outerwear for global retailers and fashion houses - Achieved **robust, sustainable growth** through operational streamlining, implementation of advanced systems, and recruitment of experienced manufacturing talent. - Growth driver: **Cross-selling strategy** offering multiple product lines (e.g., jackets, coats, parkas) to existing global clients, strengthening relationships and acquiring new ones. - Production capacity of **up to 1 million garments annually**. - Focused on **high-value, differentiated products** to sustain profitability and margin resilience. - Operations stabilized and poised for **accelerated expansion** in the coming years. #### **4. Leather Garments Division** *Position:* One of the **world’s largest manufacturers** of premium leather outerwear for men and women *Industry Context:* Operates in a **fragmented market**, leveraging scale, integration, and operational excellence as key differentiators - Vertically integrated value chain covering **design, tanning, sourcing, and garment production**, enabling speed, control, and flexibility. - Recently commissioned a **50,000 sq. ft. state-of-the-art factory** to meet rising global demand. - Manufacturing hubs located in the **Bangalore-Chennai corridor**, ensuring efficient production and just-in-time delivery. - **Chennai Tannery:** - Processes **15,000 hides daily**, sourcing raw materials globally (New Zealand, UK, Spain, Italy, Latin America). - **LWG Gold-rated** and globally recognized as the **first tannery to achieve SupplierSure certification (BLC Eurofins)**. - Uses **traceable, organic, biodegradable leathers** in alignment with eco-conscious consumer trends. - Design studios in **Milan, Gurugram, and Bangalore** ensure rapid development of fashion-forward, trend-responsive collections for over **100 global clients**. - Strong **operating leverage**: incremental sales generate significant bottom-line improvement due to low marginal costs. - Dual client strategy: **long-term partnerships with high-value brands** + **client base diversification** to mitigate risk. --- ### **Design & Innovation Ecosystem** - Operates **design studios in Milan (Italy), Gurugram, Bangalore, and Chennai (India)** – blending European fashion sensibilities with Indian craftsmanship. - In-house teams co-create private label and branded collections with more than **150 global luxury clients**. - Supports **trend forecasting, seasonal inspiration, product enhancement, and rapid prototyping**. - Integrates **AI-driven trend analytics and digital design tools** to maintain competitive edge. --- ### **Global Operations & Infrastructure** - **Manufacturing:** 10 units across India and China; facilities capable of producing ~2 million garments/year across leather and textile categories. - **Design & Prototyping:** 6 global facilities. - **Business Development Offices:** 9 locations worldwide. - **Showrooms:** 6 strategic locations for client engagement. - **Employment:** Directly and indirectly supports over **10,000–20,000 jobs** globally. - Subsidiaries: - **Ultima Italia SRL (Italy):** Markets fur and leather garments; reported €2.24M revenue in FY21–22. - **Design Industry Limited (Hong Kong):** Sources textile/outerwear from India & China; HK$89.38M revenue in FY21–22. --- ### **Real Estate & Urban Development: Bhartiya City & Nikoo Homes** #### **Bhartiya City – Bengaluru** - **125+ acre integrated smart city**, one of the largest urban developments within any Indian metro. - Designed to accommodate **200,000 people daily**, integrating living, working, leisure, and culture. - **Commercial Zone:** - **3 million sq. ft. operational premium IT office space** (tenanted by IBM, Infosys, Maersk, etc.). - **1.1 million sq. ft. under development**. - **Retail & Lifestyle:** - **Bhartiya Mall of Bengaluru** – A leading retail and lifestyle destination featuring High Street and Ramblas. - Includes entertainment zones, food courts, and branded retail concepts. - **Cultural Infrastructure:** - **Center for Performing Arts** and public plazas to foster community and arts engagement. #### **Hospitality** - **The Leela Bhartiya City:** - 5-star luxury hotel with **one of Bengaluru’s largest convention centers**. - Offers **Leela-branded private residences** with premium services and amenities. #### **Residential – Nikoo Homes** - India’s **first branded housing concept**, emphasizing family, wellness, learning, and culture. - Delivered homes across **Nikoo 1, 2, 4, and 5** – housing over **5,500 families**. - **Nikoo 5** was one of Bengaluru’s fastest-selling residential launches. - **Nikoo 6**, located outside Bhartiya City, is **nearly sold out**, reflecting strong brand equity and consumer trust. --- ### **Leadership & Legacy** - **Snehdeep Aggarwal**, main promoter, brings **over 35 years of experience** in leather garment manufacturing, marketing, and exports. - Key leadership figures recognized globally, including a **“Most Powerful Tanner in the World”** (Leather International, 2012). - Leadership blends **deep industry expertise** with **visionary urban development**. ---