TechnoSport commits Rs 130 crore to expand Erode facility, targets 130 EBOs by FY27

TechnoSport has signed an MoU with the Tamil Nadu government for a Rs 130 crore Phase 2 expansion of its Erode activewear facility. The project is set to raise fabric capacity from 25 to 40 tonnes a day and create more than 500 jobs, while the brand targets about 130 exclusive outlets and Rs 1,000 crore revenue by FY27.

— Source published Tue, 18 Aug, 2026, 11:55 IST · First seen Tue, 18 Aug, 2026, 11:59 IST · Source IMAGES Business of Fashion

What happened

TechnoSport signed an MoU with Tamil Nadu to invest Rs 130 crore in Phase 2 expansion of its Erode activewear facility, lifting fabric capacity to 40 tonnes

Key facts

  • Rs 130 crore Phase 2 investment
  • over 500 jobs
  • fabric capacity: 25 tonnes/day to 40 tonnes/day
  • capacity target by end-FY27
  • 16,000+ retail touchpoints
  • 20+ states
  • 40+ super stockists
  • 66+ exclusive brand outlets
  • approximately 130 EBOs target by end-FY27
  • 25 TechnoSport Express stores
  • 25 million+ units sold annually
  • FY26 revenue: approximately Rs 600 crore
  • FY27 revenue target: Rs 1,000 crore

Why this matters

TechnoSport is building vertically supported scale in activewear, making manufacturing partnerships, sourcing capabilities and regional retail assets increasingly strategic.

What to watch

  • Construction and commissioning timeline for Phase 2, including whether 40-tonnes-per-day capacity is operational on schedule.
  • Monthly EBO additions, franchisee versus company-owned mix, and evidence that store productivity remains healthy as the footprint expands.
  • Revenue run-rate toward Rs 1,000 crore, alongside same-store sales, average selling price and inventory-turn indicators.
  • Capacity utilization, raw-material cost trends and gross-margin movement after the expansion.
  • Competitor responses from domestic activewear brands, sportswear majors and value-fashion chains through pricing, outlet expansion or athlete-led marketing.
  • Progress on the promised 500-plus jobs and any additional Tamil Nadu incentive or compliance disclosures.
  • Accelerate EBO openings through a franchise-led model, prioritizing Tamil Nadu, Karnataka, Telangana, Maharashtra and high-growth tier-2 cities.
  • Expand assortment in running, athleisure, women’s activewear, innerwear-adjacent categories and value performancewear to raise average transaction value and repeat purchases.
  • Secure yarn, polyester, elastane and processing partnerships to protect input availability and margins as fabric capacity rises.
  • Invest in demand forecasting, regional warehousing and store replenishment systems to convert manufacturing scale into lower stock-outs and faster inventory turns.
  • Use the Tamil Nadu expansion and job creation narrative to pursue state incentives, institutional orders and export customer conversations.