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Pothys (stylised as POTHYS) was established in 1923 [2] [3] [4] [1] by K. V. Pothy Moopanar under the name Pothy Moopanar to sell cotton sarees and dhotis woven on his own loom. [5] K.V. Pothy Moopanar born in Srivilliputhur belongs to a heritage family of Weavers.
It has over 200 stores in India and a presence in the Middle East, with stores in the UAE, Qatar, Oman and Kuwait. The company's international expansion aims to cater to the Indian diaspora . In 2014, Warburg Pincus picked up a minority stake in Kalyan Jewellers for ₹ 700 crore and a second tranche of ₹ 500 crore in 2017.
In 2007, a Guinness world record - "most expensive silk saree" was created by Chennai Silks. [5] It was worth about $100,021; £50,679 (worth ₹41 lakhs) and features reproductions of 11 famous paintings by the Indian artist Raja Ravi Varma. The main image is a reproduction of Raja Ravi Varma's Galaxy of Musicians. It took around 4760 hours to ...
The history of Paithani sarees can be traced back to 2nd century BC in Satvahana Dynasty, at that time the paithani was made with pure gold wire with cotton and silk. The greeko Romans were very fond of this paithani saree 2000 years ago. They use to exchange gold for this luxurious Paithani saree. At that time this paithani was only worn by ...
A sari (sometimes also saree [1] or sadi) [note 1] is a drape (cloth) [2] and a women's garment in the Indian subcontinent. [3] It consists of an un-stitched stretch of woven fabric arranged over the body as a dress, with one end attached to the waist, while the other end rests over one shoulder as a stole, [4] [5] sometimes baring a part of the midriff.
The cotton sarees produced through power-looms cost ₹ 400 (US$4.60) to ₹ 600 (US$6.90) compared to hand woven sarees which cost between ₹ 900 (US$10) and ₹ 1,200 (US$14) per saree. [9] High excise duty on yarn used by the hand-looms leading to higher production costs and greater efficiency of power-looms have contributed to the fall in ...