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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 93408 spindles for manufacturing Cotton / Synthetic & Blended Yarns. The company has also put up a Mercerizing cum Dyeing plant at village Lalru, Patiala 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

Keeping in view the emerging opportunities arising out of the quota free global trade w.e.f. 1st January 2005, the Management has decided to invest Rs. 112.45 crores in the capacity expansion. The company shall be putting up an Ultra Modern Spinning and Knitting cum Dyeing Plant with a capacity of 25000 spindles at village Lalru, Patiala. The expansion shall be financed by way of term loan of Rs. 80 crores from the Financial Institutions under Tuff scheme and balance from the internal accounts of the company. The management is quite optimistic that enhanced capacity will enable the company to improve its financial performance in the coming years.