Category: FABRICS
Country: India
Region: South Asia
Vardhman Textiles plans to expand the processed fabric capacity at its Vardhman Fabrics unit in Budhni, Madhya Pradesh. The expansion will add 31 million meters per annum to the existing capacity of 175 million meters, representing a significant increase.
To be developed with an investment of Rs. 350 crore, the expansion project will be funded through internal accruals or debts. Once completed, the enhanced capacity is expected to meet growing demand for processed fabric in both domestic and export markets. Currently, the facility operates at a 90 per cent capacity utilisation level.
A leading textile conglomerate in India, the Vardhman Group has diverse operations spanning yarn, fabric, sewing threads, fibers, special alloys, and garments. In Q2. FY25, the group reported a robust 46.57 per cent increase in consolidated net profit, reaching Rs 196.85 crore. Net sales grew by 4.38 per cent Y-o-Y to Rs 2,502.42 crore, reflecting strong demand and operational efficiency.
The capacity expansion is expected to reinforce Vardhman’s position in the textile sector while capitalising on increasing market opportunities.
For more info on Vardhman Textiles Limited, please click here
Courtesy: fashionatingworld.com
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