Textiles sector projects by Nandan Denim Ltd in Ahmedabad
Project Information
7160
Nandan Denim Ltd
Denim fabric maker Nandan Denim expects to increase its production capacity to 110 million metres per annum by the next quarter.
Nandan Denim Ltd (NDL) has a denim production capacity of 71 million metres per annum, at present.
"We are expanding our capacity further to reach 110 million metres by Q1 of FY17 to become the country's largest denim producer," Nandam Denim President Govind Sharda
The Ahmedabad-based company has earmarked a capacity expansion plan to strengthen its domestic market share, expand exports business and have an increased focus on value-added segments.
"Out of total capital outlay of Rs 612 crore for expansion, we have already spent Rs 400 crore and remaining Rs 212 will be spent in next 4-5 months," Sharda said, adding that expansion programme was funded through debt of Rs 430 crore and internal accruals of Rs 180 crore.
Project Value
INR 11 Crore /-
Planning
Ahmedabad
Gujarat
India
Textiles
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