Vardhman Textiles has received approval for the enhancement and modernization of existing Spinning and Fabric Business capacity of the company and also generation of Green Power with a total capital outlay of Rs 2,000 crore (approximately). The capacity addition is proposed to bring better business synergies, competitive advantage & to meet increased demand and modernization will enhance productivity in business operations. The proposed capacity is to be added in around 2 years. The Board of Directors of the company in its meeting held on May 9, 2024, has approved the same.
Vardhman Textiles is one of the pioneers in textile industry with operations in the segments of yarn, sewing thread, steel, and fabric.
