Vardhman Textiles a dominant player in yarn, fabric and sewing threads is now planning to foray into printed fabrics. Besides cotton yarn and blends, it may look at more synthetic and blended yarns and addition to the existing fabric processing capabilities. The company has a committed capex of Rs 800 crores in the next two years.
With its strong position in acrylic staple fiber and wide presence in garments, it has 25 manufacturing facilities employing over 26,000 persons. The largest yarn manufacturer in India with a capacity of one million spindles, including 7,188 rotors, Vardhman is the leading manufacturer and exporter of cotton yarn and piece dyed fabric. It is also the second largest producer of sewing threads and a market leader in hand-knitting yarn in India.
One-third of its total yarn production is exported, one-third is sold in the domestic market and balance is utilised for captive looms. The company has been focusing on automation and customer base expansion. It has de-risked business through value-added and specialized products.
One of the few fully integrated fabric suppliers in the country, and the largest producer of stretched fabric, the company produces a variety of fabrics for tops and bottoms for men, women and children. Vardhman also specializes in finishes like liquid ammonia, Teflon, nanocare, ETI etc.