Innerwear maker Lux Industries is eyeing an export turnover of Rs 100 crore in the existing financial year (2010-11).

Mr. Navin Todi, managing director of the company, stated, "We are targeting a turnover of Rs. 100 crore in the current fiscal from exports. We had a turnover of Rs. 30 crore from this section last year (2009-10)."

The company already has presence in markets including the Middle East, especially Dubai, and is researching market areas in South Africa and Europe.

Mr. Manoj Lunia, brand consultant of the company, said, "We are getting lots of queries from countries like Poland, the Czech Republic and Slovakia. We are planning to set up a distribution base over there."

The company plans to record a turnover of Rs 500 crore in 2010-11, up from Rs 412 crore during the last fiscal.

The company, which has two manufacturing facilities in Kolkata and Coimbatore, makes 500,000 pieces on a daily basis. It plans to raise this to 750,000 pieces per day by 2010 end.

The company aims to strengthen its market share to 20-25% from the present 10-15%.

Lux Industries is listed in the Calcutta Stock Exchange and the company is planning to list in the national bourses -- Bombay Stock Exchange and National Stock Exchange by 2013. (With Inputs from Agencies)