Sportking India has received approval for a Greenfield Expansion Project to increase the Spinning capacity of the company. The said project is proposed to be set up in the State of Odisha. In the first phases of the expansion, the company is planning install 1,50,000 spindles with an estimated capital outlay of Rs 1,000 crore.
The project will be funded through a blend of term loans and internal accruals. This strategic investment will enhance the company's manufacturing capabilities and strengthen its position in the textile industry. The company will make further disclosures, as may be required, in accordance with applicable regulations. The Board of Directors of the company, at its meeting held on August 2, 2025, has considered and approved the same.
Sportking India is engaged in Yarn manufacturing, Textile Processing, Knitted Fabric, Garment and Retail.
