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Page Industries

Overview

Page Industries Limited is an Indian manufacturer and retailer of innerwear, loungewear, athleisure and socks. The company is the exclusive licensee of the American brand Jockey in India, Sri Lanka, Bangladesh, Nepal and the United Arab Emirates, and also holds the exclusive licence for the swimwear brand Speedo in India. Headquartered in Bengaluru, Karnataka, it is listed on the BSE and the National Stock Exchange of India.

Key facts

Type Public company
Industry Apparel — innerwear, loungewear, athleisure, swimwear, socks
Headquarters Bengaluru, Karnataka, India
Brands licensed Jockey, Speedo
Listings BSE, NSE
Country India

Background

Page Industries was promoted by the Genomal family, who had a long association with Jockey International through their distribution business in the Philippines. The family secured the Indian licence for Jockey and incorporated Page Industries to manufacture and market the brand domestically. Manufacturing operations were set up in and around Bengaluru, where the company continues to operate multiple facilities along with distribution centres serving the Indian retail network.

The company sells through a wide multi-channel network that includes large-format stores, multi-brand outlets, exclusive brand outlets branded as Jockey stores, and online platforms. Its product portfolio spans men's and women's innerwear, thermals, leisurewear, athleisure, kidswear and socks under Jockey, and competition and leisure swimwear and accessories under Speedo.

History

  • The Genomals, longstanding international partners of Jockey, obtained the licence to manufacture and distribute Jockey products in India.
  • Page Industries was incorporated to operate this licence and began Indian manufacturing of Jockey innerwear.
  • The company subsequently went public and was listed on Indian stock exchanges, with its shares becoming part of the mid- and large-cap consumer segment.
  • Page Industries later added the exclusive Indian licence for Speedo, expanding into swimwear.
  • The licensed territory for Jockey was expanded beyond India to include Sri Lanka, Bangladesh, Nepal and the United Arab Emirates.
  • Over the years the company has expanded capacity in Karnataka and adjoining states, growing its Jockey-branded retail footprint across Indian cities and towns.

Operations

Manufacturing is concentrated in southern India, with units handling knitting, dyeing, cutting, stitching and finishing. The company operates a hub-and-spoke distribution model, supplying tens of thousands of retail points across India. Marketing is centred on the Jockey brand identity, supported by exclusive brand outlets in metro and tier-II cities and a growing e-commerce presence.

Significance

Page Industries is widely regarded as one of the leading branded innerwear companies in India and is often cited as an example of a successful long-term licensing partnership between an international brand and an Indian operating company. Its consistent presence in Indian capital markets has made it a closely tracked stock in the consumer discretionary segment, and the Jockey brand under its stewardship has become one of the most recognised innerwear labels in the country.

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