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Angel Fibers to double cotton yarn production capacity

16 Apr 2018 Evaluate

Angel Fibers to double its cotton yarn production capacity to 10,440 tons by August 2018. The company has 19,584 spindles installed at Jamnagar in the state of Gujarat which can produce about 4320 tons of cotton yarns per annum and the company is in process of adding more 20,064 spindles to current capacity.

The work on this expansion has already been started and Rs 5 crore have been deployed. The company expects that the expanded capacity of 10,440 tons would be commissioned by August 2018. Moreover, the company also plans to set up new denim capacity of 2,000 tons per year as part of its forward integration plans to move in the value chain.

Angel Fibers is a highly dynamic organization manufacturing 100% Cotton, spun, gray single yarn with a deep understanding of global textile industry.

Angel Fibers Share Price

12.19 0.58 (5.00%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 123.85
Vardhman Textiles 545.10
Arvind 382.70
K.P.R. Mill 894.60
Page Industries 36971.45
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