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Vardhman Textiles gets nod to increase processed fabric capacity at Madhya Pradesh plant

28 Nov 2024 Evaluate

Vardhman Textiles has received approval to increase the processed fabric capacity at Vardhman Fabrics, Budhni, Madhya Pradesh by about 31 million meters p.a. with a total capital outlay of around Rs 350 crore. The proposed capacity addition is to be added within two years. The objective of capacity enhancement is to meet increasing demand of processed fabric in both export and domestic markets.

The Board of Directors of the Company in its meeting held on November 28, 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. 


Peers
Company Name CMP
Vardhman Textiles 560.85
Welspun Living 212.00
Arvind 541.60
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