Nandan Denim has become India’s largest denim fabric manufacturer with an installed capacity of 110 million meters per annum, its CEO, Deepak Chiripal claimed. The spinning capacity is increased to 141 tons per day and, in addition, the company has created yarn dyed shirting capacity of 10 MMPA. “We expect to get the full realisation and synergies of the expansion plans in the next financial year”, Chiripal said.
Nandan Denim is a part of a leading conglomerate, the Chiripal Group, which was set up in 1972 and is currently diversified across several businesses like Textiles, Chemicals, Packaging, Infrastructure and Education. The company has established fully integrated facilities for manufacturing a range of products like woven fabrics, circular knitted fabrics, polar fleece fabrics, cotton hosiery, denim, etc.
With one of the largest denim fabric manufacturing capacities in the world, the company expanded its denim fabric capacity from 71 MMPA to 110 MMPA. It has completed backward integration by expanding its spinning capacity from 54 TPD to 141 TPD, which will result into higher operating margins. Its consolidated revenue is Rs. 1,220 crore.
Nandan Denim has invested in state-of-art machinery with latest technology from Germany and Japan, capable of producing a wide range of denim fabrics. The company also expects strong demand and potential for being a global production hub driven by easy availability of cotton, competitive currency and low-cost labour.
– Apparel and Textile News, Apparel Talk, Indian Apparel
