What Tricot Industries does

Tricot Industries Pvt. Ltd. (DBA: Tricot Nepal) is a Nepal-based B2B custom manufacturer of premium cashmere and luxury knitwear, operating as a subsidiary of the diversified Golyan Group (USD 400 million group turnover, 60+ years in textiles). The company traces its origins to 1999 as Makalu Cashmere, was fully acquired and rebranded by the Golyan Group in 2006, and operates a manufacturing facility in Biratnagar with headquarters in Kathmandu. Its core offerings span five product categories (Women's, Men's, Baby Wear, Accessories, Home Decor) with documented unit pricing from approximately $17 to $112 per piece, complemented by a Composition Library of yarns from Italian (Loro Piana, Carriaggi) and Chinese mills and a Swatch Library of knit structures.

The company's technology base is rooted in traditional knitwear craftsmanship rather than digital platforms, featuring flat knitting expertise across multiple yarn compositions (100% cashmere, wool-cashmere blends, silk-cashmere blends, organic cotton), a 16-point quality checkpoint system, and a 100% lifetime refund guarantee on cashmere purity. It holds RWS, SFA, GOTS, BSCI, and SEDEX certifications supporting ethical sourcing claims. Low minimum order quantities (25 pieces for woven accessories, 100 pieces for knitwear) and two-week sample turnaround underpin the custom manufacturing service model.

Go-to-market is enterprise B2B field sales targeting international luxury and premium fashion brands, supplemented by a self-service website quotation request system, email outreach, and content marketing via a blog covering sustainability and fashion trends. Products ship globally via UPS, Aramex, FedEx, and DHL logistics partnerships, with GSP duty-free access to Europe, UK, Canada, Japan, Australia, and New Zealand. Named customers include Kujten, Allude, Aiayu, Bonpoint, Peek Cloppenburg, Minnie Rose, and Raymond among 14 disclosed luxury fashion brand clients. Revenue is generated through one-time custom manufacturing orders priced per piece, with no subscription, licensing, or recurring revenue streams.

Name

Tricot Industries

Legal name

Tricot Industries Pvt. Ltd.

Website

https://tricotnepal.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

Tricot Industries is a Nepal-based B2B custom manufacturer of premium cashmere and luxury knitwear serving international fashion brands, operating as a subsidiary of the Golyan Group with a manufacturing facility in Biratnagar and global delivery via major logistics partners.

Ownership category

akta.pro rank

Product category

Cashmere Knitwear Manufacturing

NAICS

Apparel Knitting Mills (3151), Apparel Manufacturing (315), Apparel Accessories and Other Apparel Manufacturing (31599)

SIC

Knit Outerwear Mills (2253), Knitting Mills (2250), Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300)

akta.pro primary industry

Knitwear & Sweaters Manufacturers (CRAAAAAJ)

akta.pro secondary industry

Technical Fabric Mills (Performance/Protective/Medical Substrates) (IMAOABAH)

Keywords

• Cashmere knitwear manufacturing
• Luxury knitwear production
• Custom garment manufacturing
• Cashmere apparel supplier
• Private label knitwear

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Cashmere and Luxury Knitwear Manufacturing: Custom manufacturing of luxury knitwear products including sweaters, accessories, baby wear, and home decor items. Products are made to order based on client specifications with various yarn compositions (100% cashmere, wool-cashmere blends, silk-cashmere blends, cotton, organic cotton). Revenue generated through one-time product sales with pricing based on product type, materials, and complexity.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Tricot Industries is a Nepal-based manufacturer of premium cashmere and luxury knitwear offering custom, made-to-order production services for fashion brands and retailers. The company manufactures women's, men's, and baby wear, along with cashmere accessories and home décor items using various yarn compositions (100% cashmere, wool-cashmere blends, silk-cashmere blends, organic cotton, Merino wool). It complements production with an online Composition Library and Swatch Library, supporting bespoke sample development and bulk orders under a B2B contract manufacturing model.

Product overview

Tricot Industries is a cashmere and luxury knitwear manufacturer offering bespoke manufacturing services with a portfolio of finished products and material libraries. The core offering includes made-to-order cashmere and wool knitwear across five main categories: Women's (sweaters, cardigans, ponchos), Men's (sweaters, pullovers), Baby Wear (cashmere sets), Accessories (shawls, scarves, socks), and Home Décor (blankets, cushion covers). Supporting the product portfolio are two key resources: the Composition Library providing yarn options from Italian and Chinese mills in various blends (100% cashmere, wool-cashmere, cotton, silk-cashmere, Merino) with quality ratings and gauge recommendations, and the Swatch Library offering knit structure samples in different material compositions. The company operates on a B2B model with low MOQs (100 pieces for knitted wear, 25 for woven accessories) and provides a 100% lifetime refund guarantee on cashmere purity.

Differentiator

Problem solved

Functional benefit

Products and services

• Women's Cashmere Knitwear Custom-manufactured women's knitwear including 100% cashmere V-neck ombre sweaters, 3-color intarsia sweaters, deep V oversized sweaters, multicolor oversized cardigans, cashmere-wool blend ponchos, and Merino raglan sleeve sweaters. Made to order for fashion brands; pricing ranges roughly $77-112 per piece for cashmere items.
• Men's Cashmere Knitwear Custom-manufactured men's knitwear including 100% cashmere basic round neck sweaters, crew neck with rolling edge, O-neck cable knit pullovers, classic wool-cashmere crew neck sweaters, 100% cotton cable knit sweaters, and cashmere round neck ombre sweaters. Made to order for fashion brands; pricing ranges roughly $22-65 per piece.
• 3-Piece 100% Cashmere Baby Wear Set A three-piece baby wear set made from 100% cashmere, priced at $17-23 per set, manufactured to order for fashion and children's apparel brands.
• Cashmere Accessories Cashmere accessories including 100% cashmere tie-dye socks ($30-35), double-size woven shawls ($55-62), and woven felted scarves ($46-52), manufactured to order for fashion brands with low MOQs starting at 25 pieces.
• Knitted Home Décor Knitted home décor products including 100% cotton cable knit blankets ($50-58), multicolor knitted blankets ($72-89), and knitted cushion covers ($19-25), manufactured to order for home textile retailers.
• Composition Library An online yarn composition library presenting curated cashmere and blend yarns from Italian and Chinese mills (Consinee, Mo.ro, UPW, Loro Piana, Carriaggi, Papi Fabio), with yarn ratings, stock colors, color cards, and recommended gauges, used by fashion brands to select materials for production.
• Swatch Library An online library of knit structure swatches (multi-cable knit, pearl knit, cable knit, half cardigan, pointelle structure, moss knit, tuck knit) with different material compositions and recommended gauges, used by fashion brands to choose knit constructions for production.

Quantifiable outcome

• Over 90% customer retention rate
• +3 more outcomes

Named customers14 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• UPScoreOthersGlobal logistics partner for worldwide product delivery. Established partnership allowing customers to receive products delivered to their door.
• AramexcoreOthersGlobal logistics partner for worldwide product delivery. Partnership enables flexible delivery options for international customers.
• FedExcoreOthersGlobal logistics partner providing express delivery services for international shipments.
• DHLcoreOthersGlobal logistics partner for worldwide product delivery with established track record in international shipping.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Hawick Knitwear: Scottish private-label and contract knitwear manufacturer specializing in cashmere and lambswool. Comparable to Tricot on contract manufacturing for premium fashion brands and small-batch flexibility.
• Gobi Cashmere: Mongolian cashmere manufacturer with vertical integration from raw fiber to finished knitwear. Comparable to Tricot on premium cashmere product lines, B2B/wholesale channels, and sustainability positioning.
• Johnstons of Elgin: Heritage Scottish cashmere and fine knitwear manufacturer with a B2B/OEM model producing for luxury brands worldwide. Directly comparable to Tricot on premium cashmere knitwear manufacturing, low-MOQ private label, and luxury customer base.
• TSE Cashmere: US-based premium cashmere brand and manufacturer. Comparable on luxury cashmere knitwear assortment, women's sweaters and accessories, and a multi-channel luxury distribution model.
• Autumn Cashmere: US-based B2B cashmere and fine knitwear contract manufacturer serving global fashion brands. Closely comparable to Tricot on make-to-order cashmere knitwear production, low MOQs, and a multi-mix women's/men's/accessories offering.
• Pringle of Scotland: UK heritage cashmere knitwear brand with manufacturing capability. Comparable to Tricot on luxury cashmere knitwear, intarsia/cable knit expertise, and serving premium department-store and boutique customers.
• Ballantyne: Italian heritage cashmere knitwear brand and manufacturer. Comparable on premium cashmere sweater manufacturing, knit structure expertise, and luxury brand customers.

Broad incumbents

• Erdos Group: Largest cashmere manufacturer in China (Inner Mongolia) with vertical integration from herding to finished garments. Comparable to Tricot on cashmere knitwear production but operates at far greater scale and broader product range.
• Loro Piana: Italian ultra-premium cashmere and luxury textile house. Comparable to Tricot on cashmere expertise and luxury positioning; Tricot actively sources yarns from Loro Piana. Operates a broader branded retail and wholesale business.

Others

• Consinee Group: Chinese cashmere yarn spinner and knitwear manufacturer whose yarns appear in Tricot's Composition Library. Comparable through shared value chain participation and similar yarn/blend offerings, but operates upstream as a yarn supplier as well.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/tricotnepal
• LinkedInlinkedin.com/company/tricot-industries-pvt-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tricot Industries