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NAHAR SPINNING MILLS LIMITED

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Management

Products

Hosiery Garments Division

Milestones

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Products Division

Spinning Division

The company has 346096 spindles for manufacturing Cotton, Synthetic & Blended Yarns.The company has also processing/finishing house with a capacity of 12600 M.T. for yarn and Fabrics and a Mercerizing cum Dyeing plant for manufacturing of High Value Added Yarn, for the quality conscious market of U.S. & European Union. The capacity of the plant is 2040 M.T.

Expansion Plans

The avail the emerging opportunities, company is going in for an expansion of its Spinning capacity by adding 90,000 spindles in Madhya Pradesh and Punjab. The approximate capital outlay for the project is approx. 300 Crores which is to be financed through Term Loan under Tuff Scheme and internal accruals of the company. After expansion, company's spindlage capacity will increase to 4.36 lacs spindles. The management is quite optimistic that enhanced capacity will enable the company to further improve its financial performance in the coming years.