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Mandhana Inds to invest Rs 150 crore for setting up two garment units

06 Dec 2011 Evaluate

Mandhana Industries, which exports apparel to brands such as Armani, French Connection and Pepe, is planning to invest Rs 150 crore on two garment plants in Maharashtra. The plants in Tarapur and Baramati are expected to start commercial production by March/April next year. The company has already deployed close to Rs 70 crore on the upcoming plants. With the two new plants company’s production volumes too will increase by 2.5-3 times.

The company which is also engaged in fabric sales in the domestic market will soon get into apparel retailing in association with the Being Human Foundation, a non-profit charitable organisation started by actor Salman Khan. Mandhana has bagged exclusive rights to design, market and distribute the Being Human line of apparel.

Mandhana Industries is engaged in the manufacturing of grey/finished fabric and garments. As of March 31, 2011 the company had the capacity to produce 36 million metres of grey fabric, processing capacity of 51.60 million metres, garmenting capacity of 3.60 million pieces and yarn dyeing capacity of 3,000 metric tonnes per annum.

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Company Name CMP
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