GHCL Textiles plans to invest Rs. 1,000 crore (approximately $120 million) towards expanding its spinning and knitting operations.

Of the planned Rs 1,000 crore investments, GHCL Textiles has already deployed Rs. 500 crore to add 25,000 spindles and 40 circular knitting machines. These new capacities will help boost the company’s production volumes, product diversity, and speed to market, particularly in knitted fabrics—an area seeing rising global demand.

The company also plans forward integration into weaving and dyed fabric manufacturing, positioning itself to serve a wider customer base across home textiles, apparel, and industrial fabrics. The reorganization of its Kaveri section at the Manaparai unit is anticipated to unlock further operational efficiencies, reduce conversion costs, and contribute to margin improvement. In FY25, GHCL Textiles’ revenues increased by 10 per cent Y-o-Y to Rs. 1,168 crore. The company’s EBITDA increased to Rs 117 crore (approximately $14 million), with EBIDTA margins expanding by 11 per cent, while profit after tax rose by 123 per cent to Rs 56 crore (approximately $6.7 million).

GHCL Textiles currently operates with a robust manufacturing base that includes 200,000 ring spindles, 3,320 rotors, 480 vortex positions, and 5,760 TFO spindles, allowing it to produce a diverse range of yarns.

Its key product offerings include cotton, synthetic, and blended yarns, such as compact, slub, core-spun, double yarns, mélange, and value-added synthetic blends. The company also manufactures knitted fabrics, leveraging its expanding circular knitting infrastructure. These offerings are well-aligned with evolving global demand for innovative, sustainable, and high-performance textile materials, positioning GHCL Textiles as a preferred partner for leading brands and manufacturers.